Business Daily from THE HINDU group of publications
Monday, March 03, 2008
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Markets (Feb. 29)
BSE Sensex17578.78 (-245.76)
S&P CNX Nifty5223.50 (-61.60)
US Dollar39.81 (-0.08)


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MARKETS

BUDGET
Budget offers a slew of negatives for brokerages
Volumes will suffer only temporarily, feel marketmen More

Temporary impact
When the Finance Minister increased the tax rate on short term capital gains, extended service tax to cover stock exchanges and introduced the commodity transaction tax on the lines of STT, most investors considered such attempts by the ... More

STOCK MARKETS
Aftershocks on Monday?
Wall Street closed down on Friday. Khan was betting that the Sensex might follow it Dakshinamoorthy was of the opinion tha apart from selective auto and pharma stocks, there was anything to cheer up traders, or investors in the ... More

COMMENTARY
Mixed trend
Bank, IT sectors end on weak note More

RECOMMENDATION
TODAY'S PICK (Latest Today's pick audio)
Aurobindo Pharma (Rs 329.75): Buy
We recommend a buy in Aurobindo Pharma from a short-term perspective. Form the stock’s life high of Rs 820 (touched in July 2007) Aurobindo Pharma has been on a long-term downtrend as is evident form the charts. However, the stock halted at ... More

Day Trading Guide
More

OUTLOOK
Market may see psychological jam of sorts in short term
Investment disincentives likely to prove dampeners More






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People's car

P-Note blues

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

Other Top Stories
Industry unhappy over silence on STPI scheme

Steel manufacturers to meet Paswan

Bonds stable as liquidity eases on arbitrage flows

Aftershocks on Monday?

Bajaj bike sales down 8% in Feb

Drugmakers let down on absence of research incentives

Budget 2008: Lagging behind M&A appetite

Looking back
Feb. 24-Mar. 1
Down is up for global equity markets

Tax experts see CBDT circular on securities lending as let-down

Liquidity would continue to chase stocks

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