Business Daily from THE HINDU group of publications
Sunday, December 30, 2007
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Commodities (Dec 28)
Gold (per gram) Rs976
Silver (per gram) Rs20.80
Brent crude (per bbl) Rs3,754
Markets (Dec. 28)
BSE Sensex20206.95 (-9.77)
S&P CNX Nifty6079.70 (-1.80)
US Dollar39.45 (+0.01)


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Index funds struggle to beat benchmarks
Outflows, volatility hit open-end funds More

Chidambaram backs IFCI’s rejection of conditional bid
Urges banks to see the merits of consolidation More

Indian IT stocks underperform on US bourses
New Delhi, Dec. 29 With the rupee rising sharply against the greenback, the American depository receipts (ADRs) of Indian IT heavyweights including Infosys, Wipro and Patni took a beating on US bourses during 2007, significantly ... More

Minimum export price for rice hiked
More

There’s no one to blame if your ATM hands you a fake note!
ON A WORRIED NOTE… More

Steel capacity to touch 60 mt by this fiscal end
New Delhi, Dec. 29 Domestic steel capacity, the main as well as the secondary producers together, is likely to touch 60 million tonnes (mt) by the end of the current financial year. Currently, the total domestic steel capacity is around 56.84 ... More

Index Outlook
Dalal Street is all set to give a thumping farewell to 2007 that will go down in history as the year of the raging bull market. Every correction in the year has been met with a renewed charge that made the index rise to a new peak; eliciting ... More

‘Institutional investors ought to ask more questions at AGMs’
More

CEMENT
After build-up could come the softening
More

Sensex outlook for 2008
It is that time of the year when we take a look at the twists and turns that lie ahead for the Sensex. When we did this exercise last year, our preferred view was that the Sensex would move sideways between 11,000 and 15,400 in 2007. Our outer ... More

Ranbaxy Labs: Buy
More

Rounding off 2007 with rich valuations
More

Figuring out fund performance
More

‘Banks need to think of larger scale for growth’
Bangalore, Dec. 29 The Union Finance Minister, Mr P. Chidambaram, on Saturday said the financial services sector had a key role in helping the country sustain its high growth. He said high growth needs large scale financing and banks, mutual ... More


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