Business Daily from THE HINDU group of publications
Saturday, December 23, 2006
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Markets (Dec 22)
BSE Sensex13471.74 (+86.88)
S&P CNX Nifty3871.15 (+37.65)
US Dollar (Buy/Sell)44.59 (-0.17)


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MARKETS

STOCKS
Sesa Goa rides on price hike hopes
Sesa Goa, the only pure iron ore counter, reacted positively to the news of the first global price hike signal for the next fiscal on Friday. The iron ore exporter finished up 12.53 per cent at 1391.70 with a traded volume of over 5 lakh shares ... More

TECHNICAL ANALYSIS
Bull run continues
Bull run continued over Friday's trading activity. The sentiment reading of the tradable counters changed to bullish. Bear move on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish sentiment ... More

STOCK MARKETS
Govt move to allow export fails to cheer sugar stocks
Expectations of bumper crop weaken price More

FOREIGN DIRECT INVESTMENT
Foreign investments up to 49 pc allowed in stock exchanges
No foreign investor can hold more than 5 pc of equity, says SEBI More

FOREIGN INSTITUTIONAL INVESTORS
Actis initiates talks to offload its stake in Punjab Tractors
More

INTERVIEW
Theoretical physicists look at markets differently
"Frontiers of physics are now unbounded. Physicists have loved working in uncharted territories." More

COMMENTARY
Range-bound markets end positive
More

IPOS
Omaxe Ltd files prospectus with SEBI for public issue
Issue has greenshoe option too More

ECONOMIC OFFENCES
SEBI penalises HSBC Investment Bank
The Securities and Exchange Board of India has imposed a penalty of Rs 10 lakh on HSBC Investment Bank (Netherlands) NV for issuing participatory notes against the purchase and sale of Bharat Petroleum Corporation Ltd (BPCL) shares during the ... More






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