Business Daily from THE HINDU group of publications
Friday, February 09, 2007
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Markets (Feb 8)
BSE Sensex14652.09 (+8.96)
S&P CNX Nifty4223.40(-0.85)
US Dollar (Buy/Sell)44.14 (-0.01)


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FINANCIAL SERVICES
Apollo Sindhoori's gambit to expand volumes
Want to do some business sitting at home? Try your hand at stock broking, says Apollo Sindhoori Capital Investments Ltd, a corporate stock and commodity broking house. All it takes is a computer, telephone and a V-Sat to set up a broking ... More

MUTUAL FUNDS
UTI MF to offer micro-pension scheme for rural women in Tiruchi
Fund house hopes to regain top slot in AUM through these initiatives More

TECHNICAL ANALYSIS
Volatile movement
Trading activity witnessed volatile movement on Thursday. The sentiment reading of the tradable counters remains marginally bullish. Bear move on Friday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

STOCK MARKETS
Diversified equity funds' assets cross Rs 1 lakh crore
AUM's linear growth connected to current bull phase More

FOREIGN INSTITUTIONAL INVESTORS
Forward contracts: FII norms eased
Rebooking linked to market value More

INTERVIEW
`India to perform well despite high valuations'
The Managing Director of Morgan Stanley, Mr Daniel Hegglin, believes that liquidity conditions across the world are fairly benign. In his view, India will continue to do well despite high valuations. According to him, Bank of Japan may leave ... More

COMMENTARY
Sensex yo-yos, recovers on late buying
Volatility in the stock market continued unabated on Thursday, even as the key indices managed to close the day's trading session with negligible change over the previous day's close levels. Though the numbers at the end seemed to indicate ... More

IPOS
Global Broadcast lists at 70% premium
The stock of Global Broadcast News Ltd, owners and operators of news channel CNN-IBN, made its debut on the NSE at a 70 per cent premium at Rs 425 against the offer price of Rs 250. The stock witnessed an intra-day high at Rs 518.80 before ... More

Astral Poly plans to raise Rs 34 cr thru IPO
Astral Poly Technik Ltd, manufacturer of plastic pipes and plumbing products, aims to enter the capital market on February 14 with a public issue of 29.71 lakh equity shares of Rs 10 each at a price of Rs 115, to raise Rs 34.17 crore. The issue ... More

Cabinet okays stake sale in 3 power companies
Public offer of fresh shares likely in first quarter of next fiscal More

AMD Metplast IPO opens on Feb 15
Price band fixed at Rs 65-75 More

SMS Pharma IPO subscribed 2.6 times
The initial public offering of SMS Pharmaceuticals Ltd was subscribed 2.64 times on the BSE and NSE at 6:30 pm. Bids were received across the price band of Rs 360-Rs 380. Total bids were received were about 68 lakh shares against the issue size ... More






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