Business Daily from THE HINDU group of publications
Wednesday, May 23, 2007
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Markets (May 22)
BSE Sensex14453.72 (+35.12)
S&P CNX Nifty4278.10 (+17.20)
US Dollar (Buy/Sell)40.56 (-0.13)


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MARKETS

MUTUAL FUNDS
Select funds raise exposure to financial services
Banking sector funds top in short-term returns More

STOCKS
Tata Tea scrip surges on Coke interest in Glaceau
Soft drink major files notification with FTC on proposed acquisition More

Exports not affecting domestic formulations biz: Alembic
Alembic has come out with the fourth quarter numbers of FY07. The company has reported a net profit of Rs 11 crore as against Rs 17 crore in the corresponding quarter of the previous year. Mr Chirayu Amin, CMD, says the company's FY07 profit ... More

New gas find reports fuel Reliance Industries
Stock has gained 11.10% in a week More

TECHNICAL ANALYSIS
Bulls march ahead
Bulls dominated over Tuesday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear move on Wednesday has the potential to change the sentiment reading in their favour. On the contrary, the prevailing bullish ... More

FOREIGN INSTITUTIONAL INVESTORS
Foreign investments - value subtracting?
Forget CAC11, or, for that matter, CAC1 - the two reports on the road map for capital account convertibility. The real issues are different. Some weeks back, the country's forex reserves crossed $200 billion. There were the usual ... More

IPOS
New merged `Air India' will tap market in 2008
New logo and livery unveiled More

Central Bank of India files draft prospectus
Central Bank of India has filed the draft red herring prospectus with SEBI for its proposed public issue. The bank is offering through the issue 80,000,000 equity shares of Rs 10 each through the book building route. This includes 4,000,000 ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
New merged `Air India' will tap market in 2008

Keeping the faith, violently

Internet successes go mobile

Global steel production up 7.6% in April

FDI hike in insurance: `No assurance, but not ruled out'

SpiceJet hoping for break-even this quarter

NIS Sparta in deal with ITC Wills Lifestyle

MTNL launches voice-based messaging

Looking back
May. 13-May. 19
ICICI Bank raises £ 350 m in the sterling market

No service tax on entry, exit loads charged by MFs

FMCG stocks back in action

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