The Hindu Business Line : Wednesday, September 20, 2006

STOCKS
Rama Newsprint re-listing from today
Equity shares of Rama Newsprint and Papers Ltd (RNPL) are being re-listed in the National Stock Exchange and the Bombay Stock Exchange from Wednesday (September 20.) The company has issued 5.81 crore equity shares of Rs 10 each pursuant to the ... More

Sugar stocks: Active on price hike buzz
Sugar stocks such as Dhampur Sugar, Balrampur Chini, Bajaj Hindusthan, Upper Ganges, Simbhaoli Sugars and Rana Sugars, witnessed surge in volumes on Tuesday. Market talk has it that these companies might announce price hike in the region of ... More

AP move spurs Jain Irrigation
The Jain Irrigation stock has been witnessing quiet accumulation at the bourses of late. According to dealers, the buying is on the back of expectation that the company might benefit from the Andhra Pradesh Government move to bring 20 lakh acres ... More

TECHNICAL ANALYSIS
Bear domination
Bears dominated Tuesday's trading activity. The sentiment reading of the tradable counters remains bearish. Bull move on Wednesday is likely to change the sentiment reading in its favour. On the other hand, the prevailing bearish sentiment is ... More

STOCK EXCHANGES
Investments by regional SEs in arm tax-exempt
The threat of tax-exempt status of regional stock exchanges being taken away has receded. The income-tax department has now said that equity share investments of such exchanges in a subsidiary promoted by them was not violative of the investment ... More

CSE in talks with NSE for trading platform
Calcutta Stock Exchange is in talks with National Stock Exchange for operating on a trading platform that the premier bourse may offer. The exchange, which held a members' meeting on Monday, expects to work out an agreement with NSE shortly, it ... More

FOREIGN INSTITUTIONAL INVESTORS
Holding limit reached in Andhra Bank
The aggregate foreign share holdings by FIIs, NRIs, PIOs in Andhra Bank has reached the limit of 18 per cent of its paid up capital. The RBI has notified that further purchases of equity shares on behalf of FIIs, NRIs and PIOs ... More

INTERVIEW
Hedge funds adopt `wait and watch' approach towards India
How are hedge funds viewing India currently and what is their strategy for markets here right now? Mr James Breiding of Naissance Capital says that they have currently adopted a `wait and watch' approach towards India. He is waiting to see if ... More

COMMENTARY
Profit-booking brings Sensex down by 237 points intra-day
With the indices rallying and inching close to their all-time highs, there has been a certain level of hesitancy that has been building up in the stock markets. Tuesday's mass profit-booking towards the end of the session was probably influenced ... More

OUTLOOK
Goldman Sachs to invest $1 b more
Goldman Sachs India LLC, the Indian subsidiary of the global investment banking company, said that it had earmarked an investment of $1 billion for India over the next two years. "The company will make capital investments of $1 billion over the ... More