Business Daily from THE HINDU group of publications
Thursday, July 13, 2006
Markets (July 12)
BSE Sensex10930.09(+315.74)
S&P CNX Nifty3195.90 (+79.75)
US Dollar (Buy/Sell)46.26 (+0.10)


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MARKETS

PREFERENTIAL ALLOTMENTS
GHCL promoters to convert 45 lakh warrants in March 2007
Plans to raise FII limit to 49% from 24 per cent More

MUTUAL FUNDS
Opening the gates to property
Real-estate mutual funds should stick to their knitting More

SIB-Franklin Templeton ink MoU
South Indian Bank has signed an MoU with Franklin Templeton Investments to distribute its products through the bank's branches. Speaking on the occasion, Mr M. Valsan, Chief General Manager of the bank, said: "With this move, ... More

STOCKS
Infosys lifts entire sector's morale
BSE-IT Index climbs 6.27 per cent More

BOC India edges down
BOC India declined on lost market hopes of an open offer from Linde AG of Germany, the recent overseas acquirer of BOC Group of the UK. The process of acquisition of the holding company of BoC India in the UK began in April last. But the market ... More

Allahabad Bank turns weak
After sanctions slapped by the Japanese authority on Sampo, a proposed partner of Allahabad Bank in a four-way insurance joint venture, sentiment over the counter dampened. The stock has lost 12 per cent in the last one week and 21 per cent in ... More

TECHNICAL ANALYSIS
Bull domination
Bulls dominated Wednesday's trading activity. The sentiment reading of the tradable counters changed to bullish. Bear move on Thursday is likely to neutralise the sentiment reading. On the other hand, prevailing sentiment reading is likely to be ... More

STOCK MARKETS
Indian resilience poses stark contrast to overseas counterparts
Sensex closed higher the next day after 1993 & 2003 Mumbai serial blasts More

Markets put blasts behind
Sensex jumps 315 points on the back of Infosys numbers; highest close in two months More

FOREIGN INSTITUTIONAL INVESTORS
FIIs bullish despite blasts
Tuesday's bomb explosions in the country's commercial capital have failed to dampen foreign investors' interest in Indian equity markets. Foreign institutional investors continued to show faith in the Indian stocks, emerging as net buyers to ... More

FIIs can buy up to 74% in Aptech
Foreign institutional investors (FIIs) can purchase under portfolio investment scheme, equity shares and convertible debentures of Aptech Ltd. FIIs can purchase up to 74 per cent of the company's paid-up capital, through primary ... More

INTERVIEW
Strong Q1, rupee depreciation helped raise guidance: Nilekani
Mr Nandan Nilekani, Managing Director and CEO of Infosys, says that increase in business volume, depreciation in rupee and a strong Q1 have helped upping Infosys' financial year 2007 guidance. Excerpts from CNBC-TV18's interview with Mr ... More

COMMENTARY
Sensex vaults, but mid, small-caps see muted gains
More

IPOS
Shirdi Industries withdraws IPO
Shirdi Industries has withdrawn its Rs 43-50 crore initial public offering (IPO) as it failed to garner sufficient investor demand. This is the third company in recent times to withdraw the IPO due to lukewarm investor interest in the primary ... More

Unfixed relationships
Can your father be your father-in-law or your mother your mother-in-law? It may sound strange, anomalous and paradoxical; yet it is possible. A successful Tamil movie by veteran K. Balachander in the 1980s, ... More


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Top Stories
Citizen reports help news channels strengthen viewership

`Mumbai blasts will not hurt economic growth'

Grave grief, small graces

Rlys mulls permitting pvt players to manage warehouses

Govt clarifies on farm sector FDI

TI to strengthen presence here

Insurance claims process for Mumbai blast victims made easy

OVL has two more weeks to bid for Rosneft stake

Infosys lifts entire sector's morale

Looking back
Jul. 2-Jul. 8
Pure commodity funds may not be so easy to introduce

Bellwether indices continue to move within narrow range

Sensex flares up on strong buying in frontline stocks

Mixed global trend pulls down indices

Profit booking leaves a weak note


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