Business Daily from THE HINDU group of publications
Thursday, December 07, 2006
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Markets (Dec 6)
BSE Sensex13949 (+11.35)
S&P CNX Nifty4015.95 (+0.20)
US Dollar (Buy/Sell)44.71 (+0.07)


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MARKETS

FINANCIAL SERVICES
Geojit's gambit to secure future clients
`Catch them young' is an age-old marketing adage and Geojit Financial Services Ltd is using its import to the hilt. It all started as an experiment a year ago, but its results have encouraged the company's Managing Director, Mr C.J. George, to ... More

NEW FUND OFFER
Mutual funds asset base swells 10% in November
Buoyant market prompted equity funds to look up More

STOCKS
Cement stocks: Price hike hopes
The continued uptrend in cement prices coupled with expectations of yet another price hike has been driving interest in cement counters on the bourses. Analysts also talk of a lot of M&A activity in this sector, which is expected to provide ... More

`Buy' reports buoy Nestle
In an otherwise weak market, the stock of Nestle Ltd ended the day 1.05 per cent higher at Rs 1136.75 on the BSE on Wednesday. Marketmen attribute the interest in part to a number of brokerages coming out with `buy' report on the stock. While ... More

TECHNICAL ANALYSIS
Sideways movement
Wednesday's trading activity witnessed sideways movement. The sentiment reading of the tradable counters remained bullish. Bear move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ... More

STOCK MARKETS
Funds see no redemptions
`Maturity of the industry, investors being seen at these levels' More

FOREIGN INSTITUTIONAL INVESTORS
Naxalite activities could impact mega investments: CLSA
CLSA, which has fixed 40,000 as the long-term target for the Sensex without specifying a timeframe and stated that India remains Asia's best growth story with the highest valuations, has expressed serious concern about extreme-Left movement in ... More

COMMENTARY
See-saw Sensex ends with marginal gains
More

IPOS
SEL Manufacturing files for IPO
SEL Manufacturing Company Ltd, manufacturer and exporter of cotton yarn, knitted fabrics and garments, has filed its draft red herring prospectus with SEBI to enter the capital market with an IPO. The company proposes to offer 53.99 lakh ... More

ECONOMIC OFFENCES
SEBI restraints PCS Technologies
SEBI has restrained PCS Industries Ltd (now known as PCS Technologies Ltd) from acting as an intermediary in any capacity for a period of six months. The company is alleged to have caused irregularities in the public issue of Mazda Fabrics and ... More






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