Business Daily from THE HINDU group of publications
Saturday, September 08, 2007
ePaper
Markets (Sept. 7)
BSE Sensex15590.42 (-25.89)
S&P CNX Nifty4509.50 (-9.10)
US Dollar (Buy/Sell)40.70 (-0.15)


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MARKETS

STOCKS
HDFC hits all-time high
Housing finance cos fare well; analysts see bright future ahead More

Ingersoll Rand to get Rs 103 cr by selling its units
Kolkata, Sept. 6 An extraordinary income of Rs 103.1 crore for Ingersoll Rand (India), owing to sale of its utility equipment, attachments and bobcat business units to Doosan Infracore of South Korea, could not influence the market valuation ... More

TECHNICAL ANALYSIS
Bears prevail
Friday’s trading activity witnessed bear pressure. However, the sentiment reading of the tradable counters remains bullish. Bear move on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

STOCK MARKETS
Sub-prime fallout: Beyond stock markets
The sub-prime lending storm did not break overnight. The clouds had been gathering strength for some months. Low interest rates and ample liquidity led to unbridled credit expansion, asset growth and proliferation of collateralised debt. The ... More

MERGERS & ACQUISITIONS
HDFC, Fidelity pick Corp Bank stake in NSE
Corporation Bank has offloaded its stake in the National Stock Exchange by 0.27 per cent. Fidelity Trustee Corporation and HDFC Ltd have together picked up the stake sold by the bank for Rs 35 crore on September ... More

EVENTS
Meet on capital markets
A workshop on capital markets in Kannada, to create awareness among small investors is being organised by the Savigannada Balaga in collaboration with the Bangalore Stock Exchange (BgSE). Officials of BgSE would participate in the event which ... More

IPOS
Stock options on cards for AI, Indian staff
$120-150 b investment likely in aviation sector More

Koutons Retail public issue opens on Sept 18
Our Bureau Mumbai, Sept. 7 Koutons Retail India Ltd, an integrated apparel and retail company proposes to enter the capital market with an initial public offering of 35.24 lakh equity shares of face value Rs 10 each. ... More

PERFORMANCE
Diversified equity funds close to 52-week peaks
Top players well exposed to large cap stocks More






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