Business Daily from THE HINDU group of publications
Tuesday, June 10, 2008
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Commodities (June 9)
Gold (per gram) Rs1,161
Silver (per gram) Rs26.75
Brent crude (per bbl) Rs5,887
Markets (June 9)
BSE Sensex15066.10 (-506.08)
S&P CNX Nifty4500.95 (-126.85)
US Dollar42.90 (+0.22)


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Stocks plummet as crude oil jitters continue
Global slowdown fears weigh on sentiment; FIIs keep exiting More

BSNL long distance call tariffs slashed
New Delhi, June 9 In a move that will benefit over 70 million telephone users across the country, State-owned Bharat Sanchar Nigam Ltd has reduced STD rates for its fixed line and cellular subscribers by up to 50 per cent. Once the new ... More

Spot steel prices start moving up
Long-term contract prices higher by 5-7 per cent More

Changes in shareholding to be out in 2 days
SEBI proposes to shrink time period for disclosure from 9 days as of now More

Indian cos leveraging PE funds’ expertise to gain global edge
Helps access world markets, global best practices and managerial skills More

Zydus Cadila buys 70% in S. Africa’s Simayla Pharma
Acquisition amount not known; co sees opportunity to grow its business More

World oilseeds output to rebound; no price relief though
Palm oil production may hit 44 million tonnes More

Centre mulling decontrol of sugar industry afresh
Likely to be done in phases; Pawar to take a call More

Recent growth in West Bengal
More

ICICI to focus on business banking
Pressure on spreads makes retail lending less attractive More

UB group may offer stake in airline biz to raise funds
Mounting losses a major source of worry More

TODAY'S PICK (Latest Audio: English/Tamil)
Balaji Telefilms (Rs 196.85): Buy
We recommend a buy in Balaji Telefilms from a short-term perspective. The stock’s intermediate-term downtrend from its November 2007 high of Rs 388 got arrested at around Rs 165 in mid April 2008. Since then, the stock was on a sideways ... More

Day Trading Guide
The stock has formed a spinning top candlestick pattern, indicating indecisiveness. The outlook is cautious for the stock. Avoid initiating buy or sell positions in this counter for the day. Infosys Initiate ... More

Info tech, pharma stocks survive this bear scar
Nifty back to its March low level More

179 stocks on NSE hit year lows
Large-cap stocks also wilt under selling pressure More

‘Safe’ stocks end on a positive note
Unaffected by rising inflation, crude oil prices More

Realty stocks go below IPO price
‘Likely to face further pressure in the short-term’ More

Simayla buy: Positive for Cadila
Adds better front-end presence, good product basket More

Dipole lends odds-on chance for surplus rain
Onset of monsoon earlier than normal in several parts More


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BL Career 2008

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ADB World Outlook 2008

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