Business Daily from THE HINDU group of publications
Saturday, February 10, 2007
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Markets (Feb 9)
BSE Sensex14538.90 (-113.19)
S&P CNX Nifty4187.40 (-36)
US Dollar (Buy/Sell)44.15 (+0.01)


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PREFERENTIAL ALLOTMENTS
Krebs Bio to issue pref shares
Krebs Biochemicals & Industries Ltd has decided to offer, issue and allot 10.5 lakh equity shares of Rs 10 each at a premium of Rs 75 per share aggregating Rs 8.93 crore to select investors, on a preferential allotment basis. .. More

INVESTMENTS
Budget expectations of financial services sector
The financial services sector has been growing at around 38 per cent year on year and with FIIs getting active in the Indian markets this sector is poised for further growth. A key driver is the infusion of funds in sectors such as Insurance, ... More

MUTUAL FUNDS
With higher interest rates, banks ask FD investors to look at SIPs
Move to help boost their fee-based income More

TECHNICAL ANALYSIS
Volatile movement
Bears dominated Friday's trading activity. The sentiment reading of the tradable counters changed to bearish. Bull move on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bearish sentiment is ... More

STOCK MARKETS
Sensex loses 113 points; bonds, rupee impacted by inflation
Shares, bonds and the rupee were impacted by the higher-than-expected inflation figures, which were released on Friday. The benchmark Sensex, which remained fairly strong during the week, lost 113.19 points on Friday after hitting the all-time ... More

INTERVIEW
Budget less important today than in past: Citigroup
Mr Hans Goetti, Director of Citigroup Private Bank, shares his perspective on how things are likely to shape up in Asian and Indian markets. He says that liquidity is strong in the region, and large amounts of risk appetite are still ... More

COMMENTARY
IT stocks lead decline; Bajaj Auto up on spin-off talks
More

IPOS
Indian Bank IPO subscribed by 32 times
The initial public offering of Indian Bank was oversubscribed 32.09 times on the BSE and NSE at 7.00 pm. Bids were received across the price band of Rs 77-Rs 91 per equity share. A total of 276 crore bids were received against the issue size of ... More

Pochiraju lists with premium
The stock of floriculture company Pochiraju Industries debuted on the bourses on a strong note. The stock listed at Rs 45.10 against the issue price of Rs 30 and ended the day with a gain of 65.5 per cent at Rs 49.65 on the NSE. The stock hit ... More






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