Business Daily from THE HINDU group of publications
Tuesday, November 06, 2007
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Markets (Nov. 5)
BSE Sensex19590.78 (-385.45)
S&P CNX Nifty5847.30 (-85.10)
US Dollar39.34 (-0.01)


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MARKETS

ANNOUNCEMENTS
Corporate developments
Coimbatore, Nov. 5 Jet Airways India Ltd has revised with effect from November 5, fuel surcharge by Rs 150 on all types of fares in both Club Premiere and Economy Class tickets on all domestic routes in the country, in view ... More

FINANCIAL SERVICES
Inter-corporate loans: No cap likely on broking firms
Revamped company law may favour safeguards for self-regulation More

‘Small brokers will survive corporate onslaught’
Coimbatore, Nov. 5 Though stock broking business is witnessing increasing corporatisation, small stock brokers would continue to survive and serve the investors. The only change they would need to make is to be professional in their approach ... More

INSIGHT
Stock market: Disconnected from national savings
More

STOCKS
Deccan Gold: Sun Mining opts out of warrant conversion
Kolkata, Nov. 5 Sun Mining and Exploration Ltd, a Cyprus-located investment vehicle of Delhi-based private equity player Sun group, has not opted for conversion of warrants into equity shares in Deccan Gold. It was issued 1,10,77,027 ... More

Allcargo stock recovering after its weak Q3 numbers
Unutilised land at various ICD and CFS locations seen as positive More

Some fertiliser stocks see sharp rise
Mumbai, Nov. 5 Prices of certain fertiliser stocks saw a sharp rise on Monday with some of them recording their highest ever prices on Monday. Deepak Fertilisers and Petrochemicals Corporation Ltd increased by 5.56 per cent to Rs 140, which is ... More

TECHNICAL ANALYSIS
Bear domination
Monday’s trading witnessed bear domination. However, the sentiment reading of the tradable counters changed to bullish. Bear move on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the current ... More

STOCK MARKETS
Sensex sheds 385 pts on weak global cues
Mumbai, Nov. 5 Weak global cues coupled with selling pressure saw the BSE-Benchmark index losing 385.45 points on Monday.The Sensex, which opened positively at 20009.35, fell to an intraday low of 19502.45 (falling by over 500 points) ... More

L&T may be well placed to capture new orders
Keen on providing one-stop solutions More

RCom: Trying to deliver on a different platform?
To leverage on the huge IP-based NGN network More

DERIVATIVES MARKETS
RNRL in the limelight
Open interest jumps 35% for RPL More

RECOMMENDATION
Today's pick: Aditya Birla Nuvo (Rs 1,580.80)
We recommend a buy in Aditya Birla Nuvo at current price levels. From the weekly chart of Aditya Birla Nuvo, we note that it has been on a steady long-term bull run (forming higher peaks and higher troughs) since June 2006. However, following ... More

Day trading guide
We note that stock appears to have reversed and further decline is likely. We recommend a sell.Infosys

After finding resistance at Rs 1,920, the stock declined in the last trading session, penetrating ... More




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P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
Hyundai mulls launch of i30 in India

Amrutanjan adding olive oil, home insecticides to portfolio

‘India needs to do more to lure investments in infrastructure’

World pepper output likely to drop in 2008

Praj Ind commissions UK company’s bioethanol plant

H1 spices exports top Rs 2,100 crore

Pulses market turning potentially explosive

Banks gear up to keep ATMs fully loaded

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Looking back
Oct. 28-Nov. 3
We cannot afford shocks, says Chidambaram

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PSU Bank BEES makes debut

Assocham demands cut in interest rates

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