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Saturday, October 09, 2004

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TAXATION
Small distributors up the ante on service tax
THE names Kailas Zaparde, Suresh Kulkarni or Kaajal Thadani may not be instantly recognised by all and sundry, but they now form a part of what seems to be the first organised initiative by distributors of mutual funds against service tax. Dozens ... More

TECHNICAL ANALYSIS
Bulls march ahead
BULLS maintained their pressure over Friday's trading activity. The sentiment reading of the tradable counters continues to remain bullish. Bear domination on Saturday is likely to terminate most of the uptrend counters in the tradable list ... More

STOCK MARKETS
Shipping stocks maintain good run
SHIPPING stocks maintained their good run on the bourses given that the sharp surge in freight rates, particularly in the wet bulk (tankers) sector, continues unabated. Dry bulk rates that hit an all-time high almost a month ago, are ruling ... More

Shiv-Vani Universal benefits from oil sector boom
SHIV-Vani Universal, a company engaged in the business of oil-exploration related activities, is attracting lot of market interest despite the stock being moved to trade-to-trade segment. Dealers said with rising international crude prices and ... More

Value buying gears up Dynamatic Tech
Dynamatic Technologies is the market leader in hydraulic gear pumps with its main customer segment being the domestic tractor segment where it controls virtually 80 per cent of the market. While the stock has been transferred to the `T' group ... More

DERIVATIVES MARKETS
Set up long positions on IOC, Tata Tea on price breakout
THE following strategies are based on Friday's trading in the spot and the derivatives segment on the NSE. IOC: The stock closed at Rs 438 in the spot market. The outlook could turn positive if the stock moves past Rs 446. In the event, ... More

FOREIGN INSTITUTIONAL INVESTORS
Monsoon Capital plans to invest in listed Indian cos
US-based investment fund Monsoon Capital plans to invest in listed Indian companies across various sectors including auto components, pharmaceutical, IT and infrastructure, by the next quarter. The firm will focus on mid-sized companies with a ... More

COMMENTARY
Action in mid-cap stocks continues
IT was a lacklustre day at the markets though activity in mid cap space continued. Automobile stocks languished while select pharma stocks took a breather after a hectic run-up, especially in mid cap pharma companies. More


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