Business Daily from THE HINDU group of publications
Tuesday, August 01, 2006
Markets (July 31)
BSE Sensex10743.88(+63.65)
S&P CNX Nifty3143.20(+12.40)
US Dollar (Buy/Sell)46.57(-0.13)


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MARKETS

MUTUAL FUNDS
Lotus India AMC gets SEBI nod for MF operations
Plans to launch two schemes initially More

STOCKS
Man Ind okays plan to de-merge aluminium divn
The Board of Directors of Man Industries (India) Ltd, which met on Monday, approved a proposal to de-merge its aluminium division, describing it as a move to enhance shareholders value. The proposed scheme of de-merger envisages a share ... More

ICICI Bank: On non-interest income
ICICI Bank has been attracting heavy trading volumes of late; its price has also witnessed a sharp surge. According to analysts tracking the banking industry, the counter has been active on account of its good financial performance due to strong ... More

Marico shines on performance
FMCG counter Marico Industries jumped sharply in the last few trading sessions. Analysts attribute this to Marico's 30 per cent-plus sales growth in the first quarter of fiscal 2007, especially to the 25 per cent reported by its focused brands. ... More

TECHNICAL ANALYSIS
Volatile movement
Monday's trading activity witnessed a volatile movement. The sentiment reading of the tradable counters turned to bullish. Bull move on Tuesday is likely to further strengthen the bullish sentiment with additional counters. On the contrary it ... More

INTERVIEW
`Quality mid-cap stocks will again start attracting investors'
India can be in a position to command a price earnings multiple of 13x-15x on a one-year forward basis, feels Mr Dinesh Thakker, CMD of Angel Broking. "Retail investors, who truly form the backbone of the market, need to fully understand the ... More

COMMENTARY
Robust Q1 numbers help Sensex to end positive
More

IPOS
GMR Infrastructure IPO subscribed 1.58 times on day 1
Foreign investors' portion by three times More


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