Business Daily from THE HINDU group of publications
Thursday, March 20, 2008
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Markets (March 24)
BSE Sensex15289.40 (+294.57)
S&P CNX Nifty4609.85 (+35.90)
US Dollar40.34 (-0.15)


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MARKETS

STOCKS
Deccan to wait for stock market to improve
Deccan Aviation, part of the UB Group, will wait till the stock market improves to raise funds upto Rs 1,600 crore.This was conveyed to the company’s shareholders at an extra-ordinary general meeting which passed a resolution to ... More

Poor response to Mumbai auction weakens realty further
Mumbai, March 19 The signals were already there, but the thin participation at Tuesday’s auction of office plots in Mumbai quite reinforced the downtrend in the realty sector. The auction bids were much lower than the ones that ... More

TECHNICAL ANALYSIS
Volatile movement
Wednesday’s trading activity witnessed volatile movement. The sentiment reading of the tradable counters changed to bullish. Bear domination on Monday is likely to change the sentiment reading in their favour. On the contrary, the ... More

STOCK MARKETS
Sensex loses steam after a bullish start
Mumbai, March 19 The 75-basis point rate cut by the US Federal Reserve boosted sentiments across Asian markets on Wednesday, but the Indian bourses could not sustain gains. Lower opening of the European markets and more bad news such as poor ... More

Holiday mood
More

Marketmen discount Fed rate cut
Financial crisis in US continues to haunt More

REGULATORY BODIES & RULINGS
Institutional investors must pay margins: SEBI
Short selling and securities lending and borrowing from April 21 More

IPOS
Generation of surplus comes first, its usage later
More

RIGHTS ISSUE
SBI rights issue subscribed fully
Mumbai, March 19 The rights issue of State Bank of India was oversubscribed, said a senior official from the bank. This is based on provisional data, as the bank is still in the process of collating detailed information. ... More






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