Business Daily from THE HINDU group of publications
Wednesday, March 19, 2008
ePaper | Mobile/PDA Version
Markets (March 18)
BSE Sensex14833.46 (+23.97)
S&P CNX Nifty4533 (+29.90)
US Dollar40.56 (-0.25)


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ANNOUNCEMENTS
Corporate developments
Coimbatore, March 18 ABG Shipyard has informed that it has received shipbuilding subsidy, amounting to Rs 12.79 crore, from the Ministry of Shipping, Road Transport and Highways, towards Yard No 209 & 211.More

INSIGHT
The road ahead for SEBI
More

STOCKS
Post-Bear Stearns’ sell off, select stocks recover
Investors focussing on fundamentals now More

IMPACT
Promoter selling, FCCBs drag Orchid Chemicals
Uncertainty continues More

TECHNICAL ANALYSIS
Volatile movement
Tuesday’s trading activity witnessed volatile movement. The sentiment reading of the tradable counters remains bearish. Bull domination on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the current ... More

STOCK MARKETS
Stocks end flat after early gains
Mumbai, March 18 After taking a heavy beating yesterday, the benchmark stock indices ended flat on Tuesday as investors waited for positive clues from global markets. The Sensex closed at 14833.46, up by 0.16 per cent from the previous ... More

DERIVATIVES MARKETS
Reliance Capital tumbles sharply
Nifty sees 15% rollover of positions More

FOREIGN INSTITUTIONAL INVESTORS
IMPACT
New FII registrations provide silver lining
Reflect positive view on the long-term growth prospects More

INTERVIEW
‘Most people choose a fund purely based on recommendation’
More

RECOMMENDATION
TODAY'S PICK (Latest Audio: English | Tamil)
Cipla (Rs 204.45): Buy
We recommend a buy in Cipla from a short-term perspective. From the charts of Cipla, we see that the stock has been consolidating sideways in a broad range between Rs 165 and Rs 220 since August 2007. However, the stock has been on a medium-term ... More

Day trading guide
In the last trading session, the stock was trading choppy and formed a spinning top candlestick pattern that indicates indecisiveness. Desist trading in this counter for the session. Infosys The stock declined ... More

IPOS
20 Microns files for IPO
Mumbai, March 18 20 Microns Ltd, a manufacturer of white minerals, announced that it has filed the draft red herring prospectus with SEBI to enter the capital markets soon with an initial public offering. The company plans to offer 94.25 lakh ... More

ECONOMIC OFFENCES
SEBI examining alleged insider trading in Reliance Petroleum shares: Govt
New Delhi, March 18 The Government on Tuesday confirmed in the Rajya Sabha that the Securities and Exchange Board of India (SEBI) was looking into the alleged insider trading activities in the shares of Reliance Petroleum Ltd. ... More






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