The Hindu Business Line : Friday, June 01, 2007

INSIGHT
Equity derivatives on a high
In line with global trends, the equity derivatives market in India has been notching up trade volumes many times that of the underlying cash market. More

STOCKS
Tata Tea eyes stake in Mount Everest?
Reports that Tata Tea might pick up significant stake in Mount Everest Mineral Water, makers of the Himalayan brand of mineral water, sent the shares of both the companies soaring on the exchanges on Thursday. Tata Tea gained Rs 44.30 or 5.05 ... More

Himatsingka Seide sees accumulation
There has been a slow accumulation of the stock of Himatsingka Seide as talk of the company acquiring an overseas brand is doing the rounds. The stock has been trading actively with an average of over 10,000 shares being traded daily on the BSE ... More

SpiceJet up on Deccan Aviation deal
SpiceJet, which was meandering quietly on the bourses during the day, suddenly witnessed frenzied action in the closing hours of the market. The stock, which was quoting around the Rs 52 level till 2 pm, jumped 21 per cent to end at Rs 61 after ... More

TECHNICAL ANALYSIS
Sideways movement
Thursday's market witnessed a sideways movement. The sentiment reading of the tradable counters changes to sideways. Bull move on Friday has the potential to change the sentiment reading in its favour. On the contrary, the current sentiment ... More

STOCK MARKETS
Diamond and jewellery stocks lack lustre
Of the 34 stocks, trading in 14 remains suspended More

IPOS
Nelcast plans IPO to raise Rs 95 cr
Nelcast Ltd, a castings and component manufacturing company, plans to enter the capital market with an IPO of 43.50 lakh equity shares to raise Rs 95.27 crore. The issue, which constitutes 25 per cent of the post-issue paid-up capital, opens ... More

ECONOMIC OFFENCES
SEBI suspends Mittal Securities for 4 months
SEBI today suspended the certificate of registration of Mittal Securities and Pvt Ltd, a member of the National Stock Exchange for a period of 4 months. The certificate of registration of Mittal Securities has been suspended in respect to ... More