Business Daily from THE HINDU group of publications
Wednesday, October 18, 2006
ePaper
Markets (Oct 17)
BSE Sensex12883.83 (-44.35)
S&P CNX Nifty3715 (-8.95)
US Dollar (Buy/Sell)45.33 (-0.31)


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MARKETS

STOCKS
Gati AGM okays convertible warrants
Gati Ltd, the Hyderabad-based express and logistics services company, has informed the National Stock Exchange that the annual general meeting held recently approved issue of 10.50 lakh convertible warrants to the Infrastructure ... More

Most indices in red despite Sensex shining
IT, Bankex display strong performance More

Rain group stocks active on merger plans
Hyderabad-based Rain group counters Rain Calcining and Rain Commodities were active on the BSE before the board of Rain Calcining meets on October 20 to discuss the "options for corporate restructuring of the company and associate company," Rain ... More

TECHNICAL ANALYSIS
Volatile movement
Tuesday's trading activity witnessed volatile movement. However, the sentiment reading of the tradable counters remains bullish. Bear move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

ASSET MANAGEMENT COMPANIES
Lotus India AMC to appoint new fund managers
Lotus India AMC, which lately has been losing key fund managers, has zeroed in on a few people, now working for rival fund houses, sources said. These include Mr Mahendra Jajoo, currently the head of fixed income at ABN AMRO Mutual Fund. He is ... More

COMMENTARY
Markets take a break on weak global cues
After a rallyin the past three consecutive sessions, the markets on Tuesday took a breather. The bears were back in action and sent the markets into the negative territory. The bellwether Sensex failed to hold the momentum as it closed 44.3 ... More

IPOS
C&C files for initial public offering
C&C Constructions Ltd, a Gurgaon-based infrastructure project development company, has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The company proposes to . More






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