The Hindu Business Line : Sunday, November 22, 2009

Retail investors make Rs 1.9-lakh cr in market rally
Promoters walk away with Rs 13 lakh crore. BL Research Bureau Stock price gains have generated crores of rupees in notional wealth for investors holding on to equities so far this year. However, only a small slice of this may have accrued to ...

ICICI Bank raises $750 m through overseas bond issue
Mumbai, Nov. 21 ICICI Bank has raised $750 million (about Rs 3,500 crore) through an overseas bond issue, at an yield of 5.5 ...

Consumers buying wheat fl... Euphoria is short-lived
Qualified Institutional Placements. Qualified Institutional Placements (QIPs) have created a buzz in the stock market in recent months, with companies raising QIP funds seeing a surge in stock prices in the run-up to such offers, foreign ...

Tata DoCoMo to bill roaming calls too by the second
New Delhi, Nov. 21 It’s the death of roaming charges. In yet another game-changing move, Tata DoCoMo is extending to roaming services seconds-based billing that it offers for local calls. Subscribers on Tata DoCoMo’s network ...

200 more ‘King Longs’ to offer BEST ride
CHINA STEERS MUMBAI. Mumbai, Nov. 21 Brihanmumbai Electric Supply & Transport Undertaking (BEST) will be acquiring 200 air-conditioned buses from Chinese manufacturer King Long for Rs 110 crore, adding to its existing fleet of 143 ...

Manufacturing sector set for recovery with high growth in first half
New Delhi, Nov. 21 The manufacturing sector is showing signs of revival with a higher growth trajectory in the first half of the fiscal over the corresponding period last year, according to a CII ...

Index Outlook: Market keeps everyone guessing
Market was at its provoking best last week. It rallied higher in the early part of the week, but not enough to make the bulls perk up. Then it declined, but so slightly that the bears were left unsatisfied as well. The close was on a very ...

Why gold prices are at dazzling highs
If you had set your heart on new jewellery and were waiting for gold prices to dip ‘just a little’ before you made that purchase, gold’s recent price moves may have had you grinding your teeth ...

Tata Elxsi: Buy

Neyveli Lignite Corp: Book Profits
Investors can consider booking partial profits in the Neyveli Lignite Corporation stock as valuations have run ahead of fundamentals, driven by divestment ...

Phillips Carbon Black: Buy
The passenger car industry is on a strong growth path. Although commercial vehicles have posted a more tentative recovery, a near 5 per cent year-to-date growth in domestic sales from the steep declines last year offers hope of an early ...

Hotel Leelaventure: Hold
Shareholders can retain their exposure to the stock of Hotel Leelaventure, which owns and operates a chain of luxury hotels across the ...

Chart Focus: United Sprits (Rs 1,195.2): Buy
Investors with medium-term perspective can consider buying the stock of United Sprits. Following steady decline from Rs 2,160 to Rs 425 over a year, the stock reversed from the long-term support range between Rs 400-425.The stock has been on ...

Kotak Opportunities Fund: Invest
Investors can buy the units of Kotak Opportunities fund considering its long-term performance. Over a five-year period the fund clocked an annualised return of 30 per cent and outpaced its benchmark S&P CNX500 by nine percentage points ...

Stocks Strategy: Consider short straddle in Tata Teleservices
Tata Teleservices Maharashtra (Rs 25.9): The stock has been in a downtrend for quite sometime. It faces a strong resistance at Rs 33 and so as long as it stays below that level, the weak trend is likely to persist. However, it ...

Index Strategy: Bull spread for high-risk traders
The coming week being the derivative expiry week promises to showcase a lot of volatility. So even though the overall bias is positive, traders may have to brace themselves for wild swings in option premiums. A risky proposition and hence ...

Gold sales fall by 30-40% in 7 months this fiscal
Recession, rising prices hit yellow metal volumes. Kochi, Nov. 21 Gold sales in the country have registered a fall in terms of quantity by 30-40 per cent in the first seven months of the current fiscal due to economic recession as well as ...

Pivotals: Reliance Industries (Rs 2,125.1)
It was a bumpy ride for investors on the Reliance counter as the stock first rose to Rs 2,163 then plunged to a low of Rs 2,051 only to recoup all the losses in the second part of Friday’s session to close the week on a flat note. The ...