The Hindu Business Line : Thursday, September 28, 2006

Rama Newsprint: `Momentum' buying seen
The stock of Rama Newsprint has surged close to 150 per cent ever since its re-listing on September 20. According to market sources, `momentum' traders were targeting re-listing candidates, which were fundamentally quite decent. According to ... More

TECHNICAL ANALYSIS
Volatile movement
Wednesday's trading activity witnessed a volatile movement. The sentiment reading of the tradable counters remains bullish. Bear move on Thursday is likely to change the sentiment reading in their favour. More

STOCK EXCHANGES
HSE resumes trading
The Hyderabad Stock Exchange (HSE) has announced that it has commenced trading activities in cash market segment from Tuesday. The company had on August 29 announced a temporary suspension of trading activities following directives of SEBI ... More

CREDIT RATING
Crisil rates MF on DAA basis
Crisil has assigned the first-ever rating - AAA (so) - to a mutual fund based on a dynamic asset allocation (DAA) structure. The rating indicates the highest degree of certainty regarding timely payment of the face value of the units to ... More

FOREIGN INSTITUTIONAL INVESTORS
Basket selling weakens indices
Both the BSE and NSE indices dipped sharply from day's high level. According to stockbrokers, a foreign institutional investor having a huge exposure in the Indian market indulged in selling through `basket trading' on Nifty stocks. In `basket ... More

REGULATORY BODIES & RULINGS
Tata Finance MD, wife fined
SEBI has slapped a penalty of Rs 5 lakh each on Mr Dilip Pendse, Ms Anuradha Pendse and Nalini Properties Ltd on charges of violating the provisions of SEBI Insider Trading Regulations. Ms Anuradha Pendse and Nalini Properties Ltd had sold ... More

INTERVIEW
IFC bullish on emerging markets
The CII Capital Market Summit is underway in Mumbai and IFC has a debt and equity portfolio of about $1.4 billion in the Indian market. On the sidelines of the meet, Mr Iyad Malas, South Asia Director at IFC (International Finance Corporation), ... More

EVENTS
SEBI chief urges bond market role in infrastructure funding
Suggests participation of investors with "deep pockets" in debt markets More

Securitisation of debt market stressed
"Sebi should be the regulator for corporate debt market," said Mr R.H. Patil, Chairman, The Clearing Corporation of India Ltd, at the CII Capital Markets Summit for financing infrastructure through capital markets. Mr Joseph Massey, Joint ... More

COMMENTARY
Late profit booking pares gains; bank stocks rule firm
More

ECONOMIC OFFENCES
HC allows Dalmiya's revision petition
Mr Justice S.P. Talukdar of the Calcutta High Court on Wednesday allowed a revisional petition of Mr Dinesh Dalmiya alleging that the Chief Metropolitan Magistrate (CMM), Calcutta had failed to consider the beginning of statutory period of 90 ... More

Order against Millennium Cybertech upheld
SEBI has upheld its ad interim ex-parte order of January 26, 2006, against Millennium Cybertech Ltd, refraining the company from trading in equity shares or any other instrument convertible into equity ... More