Business Daily from THE HINDU group of publications
Saturday, July 21, 2007
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Markets (July 20)
BSE Sensex15565.55 (+15.42)
S&P CNX Nifty4566.05 (+3.95)
US Dollar (Buy/Sell)40.32


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MARKETS

NEW FUND OFFER
SBI MF unveils Short Horizon Fund
Mumbai, July 20 SBI Mutual Fund has launched SBI Short Horizon Fund, an open-ended income scheme with two options — liquid plus fund and short-term fund. The fund has been rated ‘AAAf’ by Crisil.The liquid plus fund ... More

STOCKS
Sheths hike stake in Gemini Communication
Conversion of warrants to push up promoters’ stake too More

Avery: Resistance to delist plans?
Small investors appear defiant against the overseas acquirer’s move to delist Avery India. The open offer for 21.56 per cent stake in the weighing weight products and systems company began on July 11 and is scheduled to close on July 30. ... More

TECHNICAL ANALYSIS
Volatile movement
Friday’s trading activity witnessed volatile movement. 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 ... More

FOREIGN INSTITUTIONAL INVESTORS
Foreign securities as collateral for FIIs allowed
Mumbai, July 20 Clearing corporations of stock exchanges can now accept foreign sovereign securities with AAA rating as collaterals from FIIs, for their transactions in the derivatives segment. RBI has notified this in consultation with the ... More

IPOS
Omaxe IPO subscribed 68.12 times
Mumbai, July 20 The initial public offering of Omaxe Ltd was subscribed 68.12 times on the BSE and NSE at 7.00 pm. The IPO received over 121 crore bids against the issue size of 1.77 crore shares. A total of 6.64 crore bids were ... More

PERFORMANCE
Discernible drop in indicative yields of FMPs
Spotlight on short-term debt funds More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Appellate board dismisses Novartis objection

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Looking back
Jul. 8-Jul. 14
Auto, FMCG funds deliver uninspiring numbers in last six months

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