Business Daily from THE HINDU group of publications
Friday, March 14, 2008
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Commodities (March 13)
Gold (per gram) Rs1,193
Silver (per gram) Rs29.05
Brent crude (per bbl) Rs4,292
Markets (March 13)
BSE Sensex15357.35 (-770.63)
S&P CNX Nifty4623.60 (-248.40)
US Dollar40.48 (+0.12)


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Sensex down 770; dollar dive against yen impacts markets
Marked lack of buying support; IIP data seen as indicating slowdown More

Capital goods: Govt studying dip in growth
Situation on the ground different, says industry More

Brokers, analysts downgrade several blue chip stocks
More downgrades likely in bank stocks which have overseas exposures More

IIP numbers: Explaining the blip
While the steep decline in the ‘capital goods’ index may be one-off, trends in the IIP numbers do suggest that a slowdown is under way. More

Airports union calls off protest
Govt may review the concession pact with new Hyderabad airport operators More

Airlines losing Rs 800 on every passenger
TAKING STOCK More

Indian crude basket moves close to $102
Steep increase in international prices More

GAIL, Reliance looking at joint projects in Qatar, Russia
To study possibilities of mutual cooperation in domestic market More

Rupee weakens on stock market crash, oil prices
Bond prices seen to stay rangebound More

Higher spreads, larger pool to drive used car loans segment
Mumbai, March 13 Finance for second hand cars has grown by almost 25 per cent on a year-on-year basis and bankers expect it to double in the next three-to-four years. According to a recent report by Crisil, the estimated used car finance grew ... More

US co Aptuit unveils tool for accelerating drug discovery, cutting costs
Facilitating companies to take molecules to human studies More

The issue of listing more PSUs
The cryptic announcement by the Union Finance Minister, Mr P. Chidambaram, in his Budget speech that it is the policy of the Government to list more Central public sector enterprises (CPSEs) in the bourses to unlock their true value and mend ... More

TODAY'S PICK (Latest Audio: English | Tamil)
Tata Chemicals (Rs 303.95): Sell
We recommend a sell in Tata Chemicals from a short-term perspective. It is evident from the charts of Tata Chemicals that it has been on a long-term up-trend from March 2007 trough of Rs 187. However, in the medium-term the stock has been on a ... More

Day trading guide
In the last session, the stock opened with a downside gap and it has failed to fill the gap. Utilise rallies to sell the stock with stop-loss at Rs 875.Infosys In line with our anticipation, the stock declined ... More

Cabinet approves mineral policy, appellate tribunal
New Delhi, March 13 The Union Cabinet on Thursday cleared the much-awaited national mineral policy, 2008 and also gave its approval for setting-up an independent dispute resolution mechanism ‘Mining Administrative Appellate Tribunal ... More

Realty stocks take a battering
More investors seen pulling out More

IIP take on ‘capital goods’ different
Most firms in the listed space clock healthy growth More

Profit booking, supply worries impact key steel scrips
Mumbai, March 13 Most of the metal stocks suffered huge losses on Thursday as the equity market suffered a sharp fall. According to analysts, the losses range from 8 to 11 per cent in key metal scrips.High raw material costs and supply ... More

‘We may bring the new Audi A4 by year-end’
Assembling the Audi A6 in Aurangabad; to introduce Audi A8; working on SUV Q7 which is perfect for Indian needs More


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