Business Daily from THE HINDU group of publications
Wednesday, June 11, 2008
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Markets (June 10)
BSE Sensex14899.25 (-176.85)
S&P CNX Nifty4449.80 (-51.15)
US Dollar42.97 (+0.07)


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ANNOUNCEMENTS
Corporate developments
Coimbatore, June 10 Aditya Birla Nuvo Ltd has informed that it had to shut down its fertiliser plant at Jagdishpur (U.P.) on June 4 due to fire in synthesis gas compressor turbine. The company is assessing the extent of damage and time ... More

INVESTMENTS
Life insurance cos see value buying as FIIs exit
Domestic institutions buy Rs 2,989-cr equities in June so far More

STOCKS
Bosch Chassis considering hiking offer price for buyback
Now it sets Rs 600/share against earlier Rs 430 for delisting More

Several bank stocks hit 52-week lows
Investors exiting due to uncertainty over RBI move More

IMPACT
Boost to Educomp’s ICT presence
Government contract enhances order book More

DERIVATIVES MARKETS
Open interest up in Ranbaxy Lab
FIIs turn net sellers More

RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Great Eastern Shipping (Rs 429.75): Sell
We recommend a sell in Great Eastern Shipping Company from a short-term perspective. From the charts of the stock, we note that it was on a medium-term uptrend from its March 2008 low of Rs 311, till it recorded a peak at Rs 537 in late May. ... More

Day Trading Guide
In the last trading session, the stock declined penetrating the 21-day moving average. We retain our sell recommendation in this counter. L&TThe stock has formed a doji candlestick pattern in the last ... More

VENTURE CAPITAL
Axis Private Equity to invest in two more cos
Investment themes favour infrastructure development More






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
‘Medicines should be subsidised too’

Rating builders: Few takers for NHB plan

Inflation: Appreciating rupee not the solution

LIC targets 40 lakh rural micro-insurance policies

Air India may post loss of more than Rs 2,000 cr

Looking back
Jun. 1-Jun. 7
How much more, before we fall?

Better May sales figures drive up auto stocks

S & P downgrades top US investment banks

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