Business Daily from THE HINDU group of publications
Saturday, November 24, 2007
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Markets (Nov. 23)
BSE Sensex18852.87 (+326.55)
S&P CNX Nifty5608.60 (+89.25)
US Dollar39.73 (+0.23)


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MARKETS

STOCKS
Re-rating pushes up Adhunik Metaliks
Adhunik Metaliks is being re-rated on Dalal Street. According to market sources, the upward revision is linked to increasing value of its mining assets. It owns iron ore mines having estimated reserves of 40 million tonnes (mt) — 25 mt in ... More

Arihant Foundations warrants
Arihant Foundations & Housing Ltd has informed the BSE that a meeting of the board of directors of the company will be held on November 27 to approve the allotment of 10 lakh convertible warrants to promoters, body corporate and others. ... More

Rohit Ferro issues warrants
Rohit Ferro Tech Ltd has informed the BSE that the board of directors of the company at a meeting on November 23, after receiving in-principle approval from stock exchanges and approval of the members of the company at the EGM on October 9, ... More

TECHNICAL ANALYSIS
Volatile movement
Friday’s trading activity witnessed volatile movement. The sentiment reading of the tradable counters changed to bullish. Bear move on Monday is likely to change the sentiment reading in their favour. On the contrary, the current ... More

FOREIGN INSTITUTIONAL INVESTORS
Ansal Properties seeks FIPB nod to hike FII cap to 49%
New Delhi, Nov 23 Ansal Properties and Infrastructure Ltd is learnt to have sought the Foreign Investment Promotion Board’s approval for increasing the ceiling of holding of registered foreign institutional investors (FIIs) from 24 per ... More

REGULATORY BODIES & RULINGS
SEBI action makes manipulators pay
Traders cough up fine, seek settlement of offences More

ALLIANCES & JOINT VENTURES
Brokerages, public sector banks tie-up on the rise
PSBs gain value addition and income from retail stock investors More

EVENTS
Invest Smart 2007 at Madurai
In an effort to take the financial investment opportunities to a larger audience who are unaware of available platforms, a two-day exhibition titled ‘Invest Smart 2007’ is being held at Hotel Fortune Pandyan in the city on November 24 ... More

IPOS
‘Jet has received money only through normal channels’
New Delhi, Nov. 23 Jet Airways has not received any remittance other than through the normal banking channels, an investigation carried out by the Income Tax Department shows, the Minister of State for Finance, Mr S.S. Palanimanickam, informed ... More

Barak Valley Cements lists at 55% premium
Mumbai, Nov. 23 The stock of Barak Valley Cements made its debut on the BSE at a premium of 54.76 per cent at Rs 65 against its offer price of Rs 42, while on the NSE, it opened at a premium of 49.05 per cent at Rs 62.60. It touched a high of ... More

INVESTOR PROTECTION
Investor education top priority for SEBI in 2008
Damodaran calls for better risk management systems More






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P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

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Investor education top priority for SEBI in 2008

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Nov. 11-Nov. 17
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