Business Daily from THE HINDU group of publications
Friday, January 05, 2007
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Markets (Jan 4)
BSE Sensex13871.71 (-143.20)
S&P CNX Nifty3988.80 (-35.25)
US Dollar (Buy/Sell)44.35 (-0.04)


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MARKETS

MUTUAL FUNDS
Precedents stacked up
Sundaram MF is not the first to set pre-determined limits on asset-sizes. There are stray examples of fund houses doing this right at the beginning. In other cases, controls were placed by players that were concerned about serious increase in ... More

STOCKS
Sesa Goa rises on reports of Arcelor-Mittal buy bid
Shares of Sesa Goa climbed by 3.6 per cent on the BSE on Thursday in the wake of reports that the world's largest steel-maker Arcelor-Mittal has bid to buy a controlling stake in the company. Shares of the company closed at Rs 1,551.55 on ... More

Great Offshore turns weak
Vijay Sheth hikes stake through indirect mop-up? More

DMC Intl picks up 10 pc stake in Jaaydaad.com
Delhi-based real estate player DMC International Ltd has picked up 10 per cent stake in property shops franchising company Jaaydaad.com for Rs 4 crore. The valuation of the stock of Jaaydaad.com has been done at Rs 110 per share. "The stake ... More

Cadila Health: New markets foray
The Rs 5-face value Cadila Healthcare stock is seen as a value proposition by some sections, thanks to the company's recent efforts to firm up exposure to newly-emerging markets. These, analysts feel, will help it boost exports considerably in ... More

TECHNICAL ANALYSIS
Bear domination
Bears dominated Thursday's trading activity. However, the sentiment reading of the tradable counters remains bullish. Bear move on Friday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish sentiment ... More

STOCK MARKETS
Sundaram BNP to limit maximum corpus of forthcoming funds
Select Small Cap to restrict collection to Rs 300 cr More

FOREIGN INSTITUTIONAL INVESTORS
Goldman ups stake in Hexaware
Goldman Sachs Investments (Mauritius) has purchased 0.19 per cent stake in Hexaware Technologies Ltd on Wednesday, thereby increasing its stake in the company to 5.01 per cent. According to data posted on the Bombay Stock ... More

INTERVIEW
Rising rates may affect consumer demand: Rahul Bajaj
Sees no major impact on two-wheeler offtake from low-cost cars More

COMMENTARY
Fear of US slowdown weakens sentiment here
More

IPOS
PowerGrid seeks $2 b loans; plans IPO in April-May
Loans to fund power transmission projects More

Autoline Ind plans Rs 75-cr IPO
Autoline Industries Ltd will enter the capital markets with an initial public issue of equity shares aggregating Rs 75 crore in the price band of Rs 200-225 per equity share of face value of Rs 10 each through 100 per cent book building process. ... More

DLF doubles land bank; silent on valuations
DLF has doubled its land bank in the last six months and its IPO has been on hold. The company has disclosed a land bank of 10,255 acres in the draft red herring prospectus filed with the SEBI on Wednesday, which is more than double the 4,265 ... More






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