Business Daily from THE HINDU group of publications
Thursday, August 17, 2006
Markets (August 16)
BSE Sensex11448.31(+135.32)
S&P CNX Nifty3356.05 (+42.95)
US Dollar (Buy/Sell)46.58


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MARKETS

FINANCIAL SERVICES
JRG opens PAN service counter
JRG Securities Ltd has opened special PAN service counters across the company's branches in India to enable all demat and trading account holders to apply for PAN cards. All investors can approach the branches of the company for ... More

NEW FUND OFFER
Fund houses shift focus to debt schemes
These schemes provided 6.02 per cent return in one year More

DIVIDEND ANNOUNCEMENT
UTI Mid Cap Fund declares 30 pc dividend
UTI Mid Cap Fund has declared tax-free dividend of 30 per cent. A press release by the UTI Mutual Fund said here on Wednesday that the record date for the dividend is August 18. On August 14, the NAV per unit was Rs 19.30 under the dividend ... More

MUTUAL FUNDS
Principal MF aiming better days for global fund
The scheme's July return was at negative 0.7% against MSCI World Index's positive 0.6% More

ING Vysya to re-position fund
ING Vysya MF is exploring the possibility of re-positioning ING Select Debt Fund, which was launched in late 2004 as an open-end income scheme for investing inter alia in AA- and AAA-rated bonds. Benchmarked against the Crisil Composite ... More

TECHNICAL ANALYSIS
Bulls prevail
Bulls prevailed over Wednesday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear move on Thursday is likely to change the sentiment reading in its favour. On the contrary, the prevailing bullish sentiment is ... More

STOCK MARKETS
Khaitan India: Quiet accumulation
Khaitan India Ltd (KIL), a member of the hardly tracked Kolkata-based Khaitan Group, is a new small-cap find for certain investors. Though the company had not announced it, Business Line learnt that an investment company - CD ... More

FOREIGN INSTITUTIONAL INVESTORS
`Markets may see dip in FII flows in 2006-07'
PM's Advisory Council projects significant increase in FDI More

Sensex shoots up 135 points
Bank, PSU stocks lend support More

INTERVIEW
`Appetite for risk in EMs is going up'
According to Mr Mark Tan Keng Yew of UOB Asset Management the company is deploying money in Korea and China; its their stand on India, currently, is neutral. He adds that the company is bearish on technology stocks and would stick to large-cap ... More

COMMENTARY
Markets momentum continue with sharp gains
More


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