Business Daily from THE HINDU group of publications
Monday, November 06, 2006
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Markets (Nov 3)
BSE Sensex13130.79(+39.67)
S&P CNX Nifty3805.35 (+14.15)
US Dollar (Buy/Sell)44.86 (-0.02)


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MARKETS

MUTUAL FUNDS
UTI Mutual in tie up with IFFCO for pension fund
UTI Mutual Fund is tying up with Indian Farmers Fertiliser Cooperative Ltd (IFFCO) to further its plans on the micro pensions front. The fund house, currently the No 1 player in terms of asset size, is close to a deal. For starters, the ... More

`Let pension funds be exposed to equity '
A good portion of FII money flowing into India is pension money: UTI chief More

STOCKS
Corus: Counter bid hurdle goes for Tatas
Tata Steel seems to be heading for a walkover in its $8 billion agreed bid to acquire Corus Group Plc. After Severstal on Friday described the Tata offer of 455 pence a share unjustifiably "overvalued" and rejected the possibility of a counter ... More

STOCK MARKETS
Prudent to book profits on any rally
Dotcom boom is perhaps back in place, thought Jogin, looking at the over-subscription statistics of recent IPOs. Sridevi studied with interest the details about the social security pact with Belgium. Dakshinamoorthy tried to extrapolate the ... More

IT majors decline; ICICI Bank hits new peak
The domestic and the US markets witnessed divergent trend last week. While the former maintained the winning momentum, US stocks snapped a five-week rally on worries that the economy may slow down. The Dow Jones Industrial Average dropped below ... More

INTERVIEW
Interest rates at medium/longer end likely to respond to global cues
Mr Santosh Kamath, CIO - Fixed Income, Franklin Templeton Investments More

OUTLOOK
Sensex may continue momentum amid volatality
Long-term investors may take fresh guard after booking profits More






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Top Stories
New UK cargo security regime may slow world trade

Global outsourcing market shrinks in Q3, says TPI

Unions won't harm IT industry: Pandhe

Bonds stable; traders nervous over move to contain inflation

Indian cruise shipping still waiting for the wind

Political reforms, a must

Prudent to book profits on any rally

Innovation award for Gujarat

Looking back
Oct. 29-Nov. 4
You shall have your desires with interest

Banking, tech sectors lift Sensex above 13K-mark

Bond market sees booster shot

MFs to gain from higher overseas investment

13k and the frowning retail investor

Raj TV seeks FIPB nod for 26 pc foreign equity

SBI Caps to raise Rs 14,000 cr for DVC thermal projects

Sensex marches on thanks to corporate results

MFs asset base up 6.48% in Oct

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