The Hindu Business Line : Friday, September 07, 2007

ANNOUNCEMENTS
Corporate announcements
Aurobindo Pharma Ltd has received the Establishment Inspection Report (EIR) from the US FDA stating their acceptance of the company's sterile injectable formulation facility in Chitkul village, near Hyderabad. This is the third successive USFDA ... More

MUTUAL FUNDS
Asset sizes of equity linked savings schemes swell
Equity linked savings schemes (ELSS), or tax-savers in other words, are coming into their own, considering the size of the assets these have started managing. The assets under management of several tax-planning funds is currently well over Rs ... More

STOCKS
‘Interest’ingly insensitive
Bank balance-sheets More

Sanmar Group to sell stake in India Cements
Chennai, Sept. 6 The Sanmar group, led by Mr N. Sankar, will sell its residual stake in India Cements Ltd, to the co-promoters led by Mr N. Srinivasan, Vice-Chairman and Managing Director, India Cements, and his family.In an ... More

Cement stocks getting stronger
Import cost from Pakistan turns unattractive More

Premier Explosives in strategic radar

TECHNICAL ANALYSIS
Bull domination
Thursday’s trading activity witnessed bull domination. The sentiment reading of the tradable counters remains bullish. Bear move on Friday is likely to change the sentiment reading in their favor. On the contrary, the prevailing bullish ... More

STOCK MARKETS
Funds sell stake in Gokaldas
Mumbai, Sept 6 FID FDS (M) Ltd & FID AUS India Fund have sold about 4.36 per cent of their stake in Gokaldas Exports Ltd, thereby reducing holding in the company to 1.36 per cent from 5.72 per cent. The two companies sold about 15 lakh ... More

DERIVATIVES MARKETS
Much action likely in 14 new additions to NSE F&O segment
Mumbai, Sept 6 Heightened interest in the days ahead among investors in the cash segment is forecast for the 14 stocks that were added today to the futures and options segment of the NSE.The new entries are 3i Infotech, Aptech, Bhushan ... More

Refinery counters see open interest
Chennai, Sept. 6 Despite the introduction of 13 new stocks into the F&O segment, turnover took a marginal dip on the National Stock Exchange. Turnover on Thursday was Rs 40,927 crore against Wednesday’s figure of Rs 42,642.91 ... More

RECOMMENDATION
Today’s Pick: Sun Pharma
Our technical stock pick today is Sun Pharmaceutical Industries. We recommend a buy in this stock at the current price level. It is evident from the daily chart that the stock has been declining after recording a life-time high at Rs 1,196 in ... More

Trading Guide
The stock is consolidating after the sharp rally witnessed since August 29. The near term outlook is bullish. IDBI: Buy The stock continues to display strength, recording yet another life-time high on Thursday. The outlook for the ... More