Business Daily from THE HINDU group of publications
Wednesday, September 19, 2007
ePaper
Commodities (Sept 18)
Gold (per gram) Rs873
Silver (per gram) Rs18.70
Brent crude (per bbl) Rs3,087
Markets (Sept. 18)
BSE Sensex15669.12 (+164.69)
S&P CNX Nifty4546.20 (+51.55)
US Dollar (Buy/Sell)40.51 (-0.08)

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Indians take to insurance spending in a big way
Raising resources poses a challenge for the industry More

IDBI cuts fixed home loan rates
Mumbai, Sept. 18 IDBI Ltd cut the interest rates on fixed home loans by about 100 basis points with effect from September 1. However, the floating interest rate continues to remain unchanged. The bank has also increased rates on fixed deposits ... More

Zero customs duty on digicams, flat monitors
New Delhi, Sept. 18 In a major relief to the industry, the Finance Ministry has clarified that flat panel monitors and digital cameras will be treated as IT products with nil customs duty, although this will not mean any change in product ... More

Bank stocks shine as Sensex gains 165 points
Mumbai, Sept. 18 The market, which began the week on a positive note, continued the trend on Tuesday with the Sensex gaining 165 points to close at 15,669.12. Bank stocks were active with the banking index going up by 2.47 per cent on ... More

More States double as ‘angel investors’
AP, Kerala, Punjab, Rajasthan, Karnataka follow Gujarat model More

India’s opium report card ‘clean’
‘The Government can be correctly proud of its diligent law enforcement agencies’ More

Fed will go 50 bps
As this is being written, the all-important meeting of the Federal Open Market Committee (FOMC), which decides on US interest rates, looms ahead.Far more than the usual excitement (and, it must be said, anxiety) are preceding this FOMC ... More

US cos’ move may impact Indian firms
Reduced capex spending, profit warning by some telecom majors More

DoT seeks operators’ views on spectrum allocation, pricing
New Delhi, Sept. 18 With the GSM-based operators issuing a legal notice to the Government expressing their concern over spectrum allocation, the Department of Telecom has thrown the ball back into the operator’s court by asking them to ... More

Maruti plans jt venture with Japanese co Futaba
Co to make and sell exhaust systems components More

Continuous arrivals keep local wheat prices soft
Ample supplies, lack of demand from mills also factors More

Allow new players to offer mobile TV: TRAI
‘Existing telecom players not to be hit by proposed guidelines’ More

Today’s Pick: Action Construction (Rs 330)
We recommend a buy in Action Construction Equipment at current level. The stock fell sharply from its life-time high at Rs 400 to the trough at Rs 162 in March.

It has gained over 100 per cent since this low. The movement since May can be ... More

IT education stocks in limelight
'Cos earn most of their revenues from within the country' More

Yet another overseas buy for Indian Hotels
Acquires 10% stake in Orient Express More

Day Trading Guide
The stock has key resistance at Rs 932. Buying is recommended only if the stock moves above this level with strong volumes.

InfosysThe stock formed a doji denoting indecision. Trading is not recommended in this stock for the day. ... More

Adani Enterprises jumps
The stock of Adani Enterprises shot up by 12 per cent on Tuesday to Rs 460.15 over Monday’s price. Over a month’s time, the stock has gained 26.17 per cent. Tuesday’s volume also jumped four-fold to 16.46 lakh shares against its ... More

Moser's decisions appear strategic
Product diversification on the cards More


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