Financial Daily from THE HINDU group of publications
Friday, October 21, 2005
Markets (October 20)
BL 2502248.21 (-23.29)
BSE Sensex7935.12 (-35.94)
S&P CNX Nifty2395.45 (-17.00)
US Dollar (Buy/Sell)45.16/45.29
Gold Std (10 gm)6845 (-85)


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I-T search operations at IL&FS
MUMBAI: Income-Tax authorities conducted search operations at the office of IL&FS at Bandra Kurla Complex in Mumbai on Thursday. When contacted, a senior official of IL&FS said the I-T authorities were conducting a survey for ... More

Darashaw & Co picks up 51% stake in Tata Share Registry
AN 80-year old broking and investment banking house Darashaw & Company has acquired 51 per cent stake in Tata Share Registry for an undisclosed amount. Under this new dispensation, Tata Share Registry will soon be called TSR Darashaw Ltd and ... More

INSIGHT


Black Monday revisited
The 1987 stock market crash was not followed by any Depression, as in 1929. That the market recovered quickly was attributed to the assurance of the Federal Reserve that it would stand by for any rescue act in case the payment mechanism broke down. More

TECHNICAL ANALYSIS


Bears prevail
THE sentiment reading of the tradable counters continues to remain bearish. Bull domination on Friday has the potential to neutralise the sentiment reading. On the contrary, the prevailing bearish sentiment is likely to be further ... More

STOCK MARKETS


Tech stocks up on rupee slide
THE falling rupee against dollar seems to have given a fillip to IT stocks as a section of market players interpreted it as additional revenue benefit for the local software exporters. The frontline IT stocks finished in the green on Thursday, ... More

FOREIGN INSTITUTIONAL INVESTORS


Indraprastha Gas hits FII buy limit
THE Reserve Bank of India has notified that foreign institutional investors can make no further purchase of equity shares of Indraprastha Gas Ltd under the Portfolio Investment Scheme in the primary or secondary markets without the prior ... More

COMMENTARY


Markets retreat from day's high but later recover from low levels
THE stock market recovered smartly today during the last hour of the trading session led by gains in the frontline IT stocks and some metals stocks. According to analysts, the rising dollar against rupee provided an opportunity for greater ... More

IPOS


Vikash Metal aims to raise Rs 25 cr from IPO
THE Kolkata-based Vikash Metal & Power Ltd (VMPL) has charted out a Rs 134-crore expansion plan to set up an integrated steel project for manufacturing long-steel products used in the construction and infrastructure sectors. The company will ... More
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Top Stories
Global benchmarks in manufacturing — Indian arms of MNCs show the way


Black Monday revisited

Crude oil output dips by 7.3% in Sept

Steel cos likely to sustain growth on robust volumes

High margins trigger increase in soya oil imports

Cabinet gives in-principle nod for IBP-IOC merger

Sports channels have to share telefeed with Prasar Bharati — Cabinet clears uplinking, downlinking policy

In Focus

Indian Aviation: Sky is the limit
Stock splits
India Inc's bonus bonanza
Dabhol power regenerated
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Oct. 9-Oct. 15
33 pc independent directors on co boards — Govt studying Irani panel proposal

It's now consolidation phase


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