Business Daily from THE HINDU group of publications
Saturday, April 28, 2007
ePaper
Markets (April 27)
BSE Sensex13908.58(-320.30)
S&P CNX Nifty4083.50 (-94.35)
US Dollar (Buy/Sell)41.11 (+0.16)


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MARKETS

NEW FUND OFFER
AIG to park its $10 m in maiden fund
Keen on entering mortgage guarantee biz More

DIVIDEND ANNOUNCEMENT
Canbank to pay 7% for Cancigo
Canbank Mutual Fund has declared a seven per cent dividend (pre-tax) for Cancigo scheme under the income plan. Cancigo scheme is an open-ended debt scheme with marginal exposure in equities. The scheme can invest up to 90 per cent in debt ... More

MUTUAL FUNDS
Select stocks turn active thanks to mid-cap funds
Birla Corp, Eicher Motors, AB Nuvo witness fund buying More

TECHNICAL ANALYSIS
Bear domination
Bear dominated over Friday's trading activity. The sentiment reading of the tradable counters turned to bearish. Bull move on Monday has the potential to change the sentiment reading in their favour. On the contrary, the prevailing bearish ... More

OVERSEAS INVESTMENTS
`Investors can seriously benefit from global markets'
Earlier this week, the Liberalised Remittance Scheme came in for further liberalisation when the Annual Policy Statement of the Reserve Bank of India proposed doubling of the current limit of $50,000 to $1,00,000 per financial year for any ... More

REGULATORY BODIES & RULINGS
SEBI bars 7 brokers from share debut trading
`Manipulators place abnormally large orders to rig price' More

COMMENTARY
Inflation, selling pressure pull down Sensex
Meek Asian markets, concern over inflation and selling pressure dominated market sentiments on Friday. The BSE Sensex witnessed a fall of 2.25 per cent and ended the day at 13,908 points. The Nifty too, pulled down the shutters at 4,083, lower ... More

IPOS
GSS America files for public issue
GSS America Infotech LTd, the Hyderabad-based enterprise application integration (EAI) and infrastructure management services company, will come out with a public issue soon to raise Rs 120 crore. "We propose to issue 34.97 lakh equity shares ... More

Binani Cements eyes capital market entry with public issue
Price band fixed at Rs 75-85 a share More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
POSCO-India officials begin meeting people directly for land acquisition

China propels world aluminium production growth

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SEBI bars 7 brokers from share debut trading

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Looking back
Apr. 15-Apr. 21
As the market powers its way ahead

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