Business Daily from THE HINDU group of publications
Wednesday, March 26, 2008
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Markets (March 25)
BSE Sensex16217.49 (+928.09)
S&P CNX Nifty4877.50 (+267.65)
US Dollar40.13 (-0.21)


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ANNOUNCEMENTS
Corporate developments
Coimbatore, March 25 Cholamandalam DBS Finance Ltd’s board of directors has approved the issue of short-term non-convertible debentures up to an amount of Rs 4,500 crore on private placement basis to various investors ... More

STOCKS
Tobacco stocks still weak on Budget blues
Kolkata, March 25 Cigarette stocks remarkably did not participate in the general upward movement on Tuesday as the tax blow continued to drag them downwards.According to analysts, apart from the Budget blues on non-filtered cigarettes, ... More

Realty stocks gain on value buying
Rally in line with the market trend More

GHCL restructuring is long-term positive
Future listing, stake sale to impact stock More

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

STOCK MARKETS
Sensex soars 928 points on global cues, goes past 16k
Scores second largest single-day points gain this year More

DERIVATIVES MARKETS
JP Associates, DLF jump; add open interests
Turnover picks up sharply More

RECOMMENDATION
TODAY'S PICK (Latest Audio: English | Tamil)
Apollo Tyres (Rs 42.80): Buy
We recommend a buy in the Apollo Tyres with a short-term perspective. From the charts of Apollo Tyres, we note that the stock has been on a long-term uptrend. It has been forming higher peaks and troughs since its June 2006 low of Rs 19.4. The ... More

Day Trading Guide
Our short-term outlook for the stock is bullish. We retain our buy recommendation in this counter.Infosys In the last trading session, the stock rallied accompanied with good volume. Buy the stock in dips with ... More

OUTLOOK
Market mood: Cautious optimism prevails
Marketmen expect choppiness to continue More






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