Business Daily from THE HINDU group of publications
Tuesday, October 30, 2007
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Commodities (October 30)
Gold (per gram) Rs934
Silver (per gram) Rs20.40
Brent crude (per bbl) Rs3,507
Markets (Oct. 30)
BSE Sensex19783.51 (-194.16)
S&P CNX Nifty5868.75 (-37.15)
US Dollar39.39 (-0.08)

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Sensex hits 20,000 intra-day on strong corporate show
FIIs, domestic institutions were net buyers for equivalent amounts More

Indian markets among top wealth creators
M-Cap swells by 89% in 2007 to over Rs 61 lakh crore More

Buying a slice of tomorrow’s profits
THE INFRASTRUCTURE STORY More

Capital goods index jumps 3-fold when Sensex doubles
FMCG, Auto, Healthcare remain laggards More

Sensex at 20K, but most stocks miss the bus
BL Research Bureau Congratulating yourself for entering the markets when the Sensex was hovering at 10,000? As the Sensex soars to an intoxicating high of 20,000, here is a sobering thought. There is a 7 in 10 chance that you picked a laggard! ... More

Nissan’s Ghosn gung-ho on Indian auto market
‘All the growth taking place in developing markets’ More

Will bank claims get priority over cane dues?
Recovery certificates issued to sugar mills in Uttar Pradesh More

Rice exporters’ fate hangs in balance
4 lakh tonnes lying in Kakinada port More

Slowdown in credit offtake is major concern
CRR hike will push up rates, say bankers More

RBI & Fed: CRR hike, 25 bps cut in prospect
More

Cisco headcount may go up to 10,000 here
India has talent, innovation ability and biz models, says CEO More

Rights issue exerts downward pressure on Tata Steel
Even though the Sensex scaled the 20k on Monday, lower price for the forthcoming rights issue exerted downward pressure on the benchmark component of Tata Steel’s market price, a week ahead of the record date. The company announced the ... More

Strong sales, moderate margins from Maruti
Pricing to be key in sustaining performance More

Today's Pick: Birla Corporation (Rs 351.90)
We recommend a buy in Birla Corporation at current levels. From the weekly chart of Birla Corporation, we note that following a steep decline from the January high of Rs 375, the stock found support in late March at Rs 180. Since then, the ... More

Day trading guide
Following a bullish engulfing pattern (formed on October 22), the stock has been rallying steadily. The short-term outlook remains positive. We maintain our buy recommendation.Infosys We recommend a sell in this stock with ... More

Broking firm stocks outperform Sensex
Return of more than 40% in the space of a month and a half More

Cool seawaters smother Bay system
Thiruvananthapuram, Oct 29 Sunday’s depression over southwest Bay of Bengal let off some steam after wading into cooler coastal waters and lay straddled across sea and land over west-central and adjoining southwest Bay, north coastal ... More


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