Business Daily from THE HINDU group of publications
Thursday, March 13, 2008
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Markets (March 12)
BSE Sensex16127.98 (+4.83)
S&P CNX Nifty4872 (+6.10)
US Dollar40.36 (-0.12)


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ANNOUNCEMENTS
Corporate developments
Coimbatore, March 12 Birla Corporation Ltd has declared ‘Suspension of Operations’ with effect from 10 p.m. of March 11 at its Durgapur Cement Works and Durga Hitech Cement, Durgapur, units in view of ... More

INVESTMENT BANKING
Future Capital to pick up stake in Centrum arms
Mumbai March 12 Future Capital Holdings, the financial services arm of Kishore Biyani-promoted Future Group, would be investing Rs 100 crore for acquiring majority stakes in two subsidiaries of investment banking firm Centrum ... More

STOCKS
Dunlop to go ahead with listing, rights issue plans
AAIFR dismisses appeals filed by SEBI, BSE on sick status More

Oil marketing cos remain weak despite bond assurance
Rising crude is expected to push up procurement costs More

IMPACT
Marico: Retains focus on wellness
Sil sale not to have significant change on earnings More

IMPACT
Suven’s 2nd drug deal: Long-term positive
Major milestone possibly at the end of pre-clinicals More

TECHNICAL ANALYSIS
Bears prevail
Bears prevailed over Wednesday’s trading activity. The sentiment reading of the tradable counters changed to bullish. Bear domination on Thursday is likely to change the sentiment reading in their favour. On the contrary, the ... More

Geojit launches online technical analysis module
Mumbai, March 12 Geojit Financial Services Ltd, a retail stock broking company, has launched an online Technical Analysis Module which will provide an investor with research of technical details of the scrips. Geojit said it is the only ... More

DERIVATIVES MARKETS
Turnover picks up on volatile day
Shree Renuka maintains momentum More

INTERVIEW
I have sold all emerging markets except China: Jim Rogers
Chennai, March 12 The 21-per cent year-to-date decline of the Shanghai Composite Index notwithstanding, American investor and investment guru Mr Jim Rogers remains optimistic on the prospects of China.When Business Line ... More

RECOMMENDATION
TODAY'S PICK (Latest Audio: English | Tamil)
Hindalco Industries (Rs 191.80): Sell
We recommend a sell in Hindalco Industries from a short-term perspective. From the charts of Hindalco Industries, we note that after encountering resistance at Rs 220 in early January ’08, the stock declined and found support at Rs 150 ... More

Day Trading Guide
Our short-term outlook for the stock is bearish. We retain our sell recommendation.L&TThe stock is experiencing selling pressure at higher levels. Sell the stock while keeping the stop-loss at Rs ... More

IPOS
V-Guard listing today
Kochi, March 12 Kochi-based V-Guard Industries Ltd, engaged in the manufacturing and marketing of electrical and electronic products, will list 80 lakh equity shares on the NSE and BSE on March 13, according to an official press release here. ... More

REC debuts at a premium
Mumbai: Rural Electrification Corporation Ltd made its debut at a premium of 23.7 per cent against the issue price of Rs 105 on the NSE on Wednesday. – Our ... More






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People's car

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Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

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