Business Daily from THE HINDU group of publications
Saturday, January 06, 2007
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Markets (Jan 5)
BSE Sensex13860.52 (-11.19)
S&P CNX Nifty3983.40 (-5.40)
US Dollar (Buy/Sell)44.34 (-0.01)


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MARKETS

MUTUAL FUNDS
UTI to launch overseas fund by March-end
To invest in foreign securities, GDRs, ADRs More

UTI Mutual readying for another round of consolidation
The move is to offer finer suite of products More

STOCKS
West Coast Paper in spotlight
The stock of West Coast Paper Mills is being keenly watched by market players following the company's recent announcement of an expansion programme. According to market sources, the company is likely to arrange for debt financing for this ... More

TECHNICAL ANALYSIS
Volatile movement
Friday's trading activity witnessed volatile movement. The sentiment reading of the tradable counters changed to bearish. Bull move on Monday is likely to change the sentiment reading in its favour. NIFTY ... More

STOCK MARKETS
Steam still left in the stock market: UTI MF
From a fund's perspective, there was `ample scope of giving returns better than the market' More

OVERSEAS INVESTMENTS
MFs ceiling for overseas investment raised to $3b
The Security and Exchange Board of India has allowed mutual funds to invest in ADRs/ GDRs/ Foreign securities up to the overall limit of $3 billion, following the enhancement in overseas investment limits by the Reserve Bank of India. The Sebi ... More

COMMENTARY
Support at lower levels helps Sensex remain flat
Taking cues from the Asian counterparts, after a seesaw battle the markets closed flat for the last trading day of the week. Sensex opened low at the opening session, but strong support at lower levels helped it to bounce back nicely to gain 100 ... More

IPOS
Tanla Solutions lists at a premium
The stock of Tanla Solutions Ltd listed on the BSE at Rs 379.80, at a premium of 43.32 per cent over its issue price of Rs 265 on the BSE. The stock went to a low of Rs 365 and closed at Rs 379.80. On the NSE, the stock opened at Rs 377.40, a ... More

Pyramid Saimira lists at 35 pc premium on BSE
The stock of Pyramid Saimira Theatre Ltd made its debut on the BSE at Rs 135, a premium of 35 per cent to the issue price of Rs 100. The stock went to a high at Rs 163.85 and a low at Rs 125 before settling at Rs 158.20. Total of 1,69,69,613 ... More

BONUS ANNOUNCEMENTS
Orient Ceramics plans exclusive showrooms in major cities
To expand product portfolio More






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