Business Daily from THE HINDU group of publications
Saturday, September 30, 2006
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Markets (September 29)
BSE Sensex12454.42(+73.68)
S&P CNX Nifty3588.40(+16.65)
US Dollar (Buy/Sell)45.99 (-0.35)


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MARKETS

STOCKS
Gems, jewellery stocks lose sheen
US move to end duty-free entry is negative trigger More

SAIL gains on rollback news
Speculation that SAIL is likely to roll back its Rs 500 discount saw the stock witness sustained buying on the bourses on Friday. Analysts said that this is seen as a sign of the company going in for a price hike. Sources said that while the ... More

SKM Egg betting on growth
Improved profitability on the back of a drop in egg prices appears to have improved earnings forecast for SKM Egg Products Ltd. Analysts said that the company is also looking to set up its own poultry farm with an attached feed ... More

TECHNICAL ANALYSIS
Bull domination
Bulls dominated Friday's trading activity. The sentiment reading of the tradable counters changed to bullish. Bear move on Tuesday is likely to change the sentiment reading in its favour. On the other hand, the prevailing bullish sentiment is ... More

STOCK MARKETS
Singapore retail investors' award for Meghmani
For 2nd consecutive year, the co was selected by about 25,000 retail investor members More

FOREIGN INSTITUTIONAL INVESTORS
Deccan Chronicle seeks nod for 24% foreign holding
Deccan Chronicle Holdings Ltd has sought permission from the Foreign Investment Promotion Board (FIPB) to allow foreign holding in the company up to 24 per cent. According to the foreign investment guidelines, a company in the print media can ... More

REGULATORY BODIES & RULINGS
Tariff rationalisation: SAT upholds SEBI's move
`No' transaction fees when securities moved from one participant to another More

Pay fees on off-market transactions: SEBI
SEBI has notified stockbrokers to pay fees on off-market transactions entered by them and report it to the stock exchange. Stockbrokers with multiple memberships will have to report off market transactions on the respective stock exchanges and ... More

INTERVIEW
`Cement prices to remain firm till March 08'
Demand has grown by 10 pc from April to August this year: India Cements More

COMMENTARY
Strong GDP number propels benchmarks
More

IPOS
DCB bets on IPO, draws up growth plan
Development Credit Bank (DCB), whose IPO to raise Rs 157-186 crore capital has opened, is pinning hopes on the offer for implementation of its revitalisation programme. "The IPO enables us to improve our capital adequacy ratio (CAR) to around ... More

REC mulls initial public offering
Awaits Cabinet nod for IPO; hopes to add Rs 150 cr to equity More






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Top Stories
External debt jumps $6.9 b

Iron ore industry opposes cess, ban on exports

`Info upload in Indian languages growing'

Taxing dividends of agricultural companies

Banks resume mop-up through bulk deposits

Confusion, lack of clarity over sugar estimate

`Cement prices to remain firm till March 08'

NRIs likely to get voting rights

`Growing affluence redefines lifestyle aspirations'

ABB to ramp up automation products biz

Looking back
Sep. 17-Sep. 23
`Strength should be lord of imbecility'

Market breadth remains neutral, FIIs net buyers

2,200 DSE listed cos may get BSE, NSE trading chance

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