Business Daily from THE HINDU group of publications
Friday, February 29, 2008
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Markets (Feb. 28)
BSE Sensex17824.48 (-1.51)
S&P CNX Nifty5285.10 (+16.70)
US Dollar39.91 (+0.07)


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MARKETS

ECONOMIC SURVEY
Survey advises retail investors to take informed decisions
Painting an optimistic picture on expected expansion of activity in the capital market, the Economic Survey has said that the strong fundamentals of the economy combined with higher growth would help sustain the interest of domestic and ... More

ANNOUNCEMENTS
Corporate developments
Bosch Chassis Systems India Ltd has informed that the shareholders have approved the proposal received from Robert Bosch Gmbh, the parent-holding company of the promoters, to undertake a voluntary de-listing of shares from the ... More

NEW FUND OFFER
Quantum Gold ETF makes debut on NSE
Mumbai, Feb. 28 Quantum Mutual Fund, a Mumbai-based mutual fund house, today listed its Quantum Gold Fund, the country’s fifth gold Exchange Traded Fund (ETF) on the NSE. It made its debut at Rs 680 a unit, a rise of Rs 87.15 ... More

INSIGHT
Muted pre-Budget sentiment positive
Trader, investor disinterest may reduce B-day volatility More

STOCKS
Docpharma sale: Is the move driven by Mylan?
Strategic, financial reasons push Matrix to sell-off More

Power stocks fail to take cues from the Survey
Shares end flat; Await specific direction from Budget More

Firm global prices lift aluminium stocks
Exports from India expected to rise with a fall in output from China More

TECHNICAL ANALYSIS
Volatile movement
Thursday’s trading witnessed volatile movement. The sentiment reading of the tradable counters turned to neutral due to expiry. Bull domination on Friday is likely to change the sentiment reading in their favour. On the contrary, ... More

STOCK EXCHANGES
BSE, SIES sign MoU for training programme
Mumbai, Feb 28 The Bombay Stock Exchange (BSE) and SIES College of Management Studies (SIESCOMS) have signed a memorandum of understanding (MoU) for jointly conducting training programmes and other Diploma or Certificate Programmes. ... More

Trading volumes down by 36% since Jan
High volatility keeping investors wary More

DERIVATIVES MARKETS
Cautious day ahead of Budget
Nifty future witnesses a rollover of 75% More

REGULATORY BODIES & RULINGS
SEBI relaxes norms for transfer of securities
Mumbai, Feb. 28 Stock market regulator SEBI today withdrew a few of the earlier restrictions it had imposed on Delivery Instruction Slips (DIS) to Depository Participants (DPs). In an earlier circular, SEBI had laid down a few guidelines to ... More

IPOS
Corporates to step up access to primary market
New Delhi, Feb 28 Indian corporates would step up their access to the primary market to raise resources both through equity and debt issues. Alongside, the overseas issues (ADR/GDR) too are expected to gain in importance to supplement the ... More

OUTLOOK
Sensex follows Budget-eve trend, closes flat; Survey fails to enthuse
The benchmark indices closed flat on Thursday, the eve of the Union Budget. The market appears to be not too impressed by the economic report card presented in Parliament, which said that achieving 9 per cent growth would be challenging. ... More






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