Business Daily from THE HINDU group of publications
Thursday, July 26, 2007
ePaper
Markets (July 25)
BSE Sensex15699.33 (-95.59)
S&P CNX Nifty4588.70 (-32.05)
US Dollar (Buy/Sell)40.35


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MARKETS

OPEN OFFERS
UB Holdings’ open offer for Air Deccan yet to get nod
Bangalore, July 25 The Securities & Exchange Board of India (SEBI) is yet to clear an application from UB Holdings for floating an open offer to acquire 20 per cent additional stake in Deccan Aviation.The window for the open offer ... More

STOCKS
Reliance Cap posts 220% jump in net
Mumbai, July 25 Reliance Capital Ltd reported a 220 per cent jump in net profit at Rs 513.77 crore for the quarter ended June 30, 2007 as against Rs 132.42 crore for the corresponding quarter in the previous year. The company’s total ... More

TECHNICAL ANALYSIS
Bear domination
Wednesday’s trading activity witnessed bear domination. The sentiment reading of the tradable counters changed to bearish. Bull move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

STOCK EXCHANGES
High NSE turnover ‘worrying’
Derivatives turnover crosses Rs 60,000 cr; stock futures trading up More

SAIL outsmarts Sensex
Chennai, July 25 It was a dream run for the SAIL stock at the bourses, considering its price chart in 2000-03, when it was mostly ruling below par. Since the bull party began in 2003, the stock has made big strides. It has massively ... More

STOCK MARKETS
A stock index on Harry Potter!
Captures 13 firms connected to the $10-b phenomenon More

Ramco Sys: Betting on numbers
The stock of Ramco Systems has turned active in the last few days. While the stock closed a shade weaker on the BSE at Rs 158.95 (Rs 159.30), it ended positive on the NSE at Rs 161.70 (Rs 159.75). According to market sources, a group of ... More

IPOS
Puravankara sets Rs 500-525 price band
Mumbai, July 25 Realty major Puravankara Projects Ltd proposes to enter the capital market on July 31 with a public issue of 21,467,610 equity shares of Rs 5 each through a 100 per cent book building process. The price band has been fixed at ... More

Omnitech, Zylog IPOs get good response
Mumbai, July 25 The initial public offerings of Omnitech Infosolutions and Zylog Systems have received good response in the markets and have been subscribed by 61.84 times and 76.45 times respectively.Bids were received across the price ... More

Bang Overseas eyes capital market
Mumbai, July 25 Bang Overseas Limited, a Mumbai-based company engaged in the textile, apparel and retail business, has filed its draft red herring prospectus with Sebi to enter the capital market with an initial public offering equity shares. ... More

INVESTOR PROTECTION
Investors told to diversify
Mumbai, July 25 Asset diversification is the latest advice from fund houses and distributors in the wake of soaring equity markets. Increasing number of fund houses are advising investors to invest in a balance of equity and income funds (debt ... More






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Economic Survey 2006-2007

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Jul. 15-Jul. 21
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