Business Daily from THE HINDU group of publications
Sunday, November 18, 2007
ePaper | Mobile/PDA Version
Markets (Nov. 16)
BSE Sensex19698.36 (-86.53)
S&P CNX Nifty5906.85 (-5.25)
US Dollar39.33


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

MARKETS

FINANCIAL SERVICES
Market boom triggers rush for demat a/cs
CSDL sees sharp rise in last 2 months More

DIVIDEND ANNOUNCEMENT
Update
JP Morgan Asset Management India has launched JP Morgan India Smaller Companies Fund. The objective of the fund is to generate long-term capital appreciation from a portfolio of equity and equity related securities ... More

MUTUAL FUNDS
Doha Bank of Qatar to launch India oriented MF
Awaits regulatory clearances More

STOCKS
Prominent bulk deals on NSE & BSE
More

STOCK MARKETS
Query corner
I am planning to buy Rajesh Exports. Please let me know the level at which I can buy this stock. SnehaRajesh Exports (Rs 855): Rajesh Exports has beaten our expectations and turned ... More

Reliance
RIL reversed above the support at Rs 2,600 and moved on to a 5 per cent gain for the week. The break-out on Wednesday has set off the third leg of the short-term move that began from Rs 2,384. This move has the targets of Rs 2,894 and then Rs ... More

SBI
The stock recorded yet another strong week with a gain of over 7 per cent. Though Thursday’s fall caused a minor reversal, it is expected to move higher to Rs 2,430 and then Rs 2,530 in the near term. The near-term outlook will reverse ... More

Tata Steel
Tata Steel struggled valiantly to hold the support at Rs 800, indicated in our last column. This resulted in a volatile move between Rs 800 and Rs 900. The short-term outlook for the stock stays negative. Tata Steel is expected to move lower ... More

Infosys
IT stocks led by Infosys weighed the market down last week. Despite the mid-week bounce, Infosys ended with a 5 per cent loss. The stock could spend a few sessions moving in a band between Rs 1,610 and Rs 1,730. Fresh purchases should be ... More

Bharti Airtel
Bharti Airtel tested the support at Rs 840 last Monday; reversing from an intra week low of Rs 834. Though this key support is holding, the recovery was rather tentative. The medium-term trend continues to be down in the stock. The resistance ... More

Satyam Computers
Satyam recorded an intra-week low of Rs 407 and moved sideways thereafter, between Rs 410 and Rs 440. The stock is positioned way below its long-term averages. The short-term outlook stays negative. Satyam is not likely to move above the ... More

Trader's Corner
For a day trader, each day is war. Just as a general with a detailed plan of action who eventually wins the war, the more the preparation that is put in prior to the commencement of the trading day, the greater the chance of a success. ... More

DERIVATIVES MARKETS
Nifty may trade in ranges
Consider going long on MTNL More

FOREIGN INSTITUTIONAL INVESTORS
Private equity firms make a beeline to IIM-B
Bangalore, Nov 17 Private equity firms are wooing Indian Institute of Management Bangalore (IIM-B) grads this year. For the first time, PE bellwether Blackstone Group has hired at the institute. Other PE majors such as ChrysCapital, Greater ... More

FII ceiling in Unitech hiked to 100%
The Reserve Bank of India has allowed Foreign Institutional Investors (FII) to increase their exposure to up to 100 per cent in Delhi-based Unitech. The company had earlier passed resolution to this effect at the Board of Directors’ and the ... More

RECOMMENDATION
Tata Power: Book profits
Tata Power shareholders can consider booking profits on their holdings. The stock has run up rather sharply in the last two months, gaining by 67 per cent to Rs 1,252 on Friday. At this price, the stock discounts the annualised sustainable ... More

Aurobindo Pharma: Buy
More

DSPML Equity: Invest
With a strong long-term track record, a well-diversified investment strategy and a portfolio that carries a blend of large-cap and mid-cap stocks, DSPML Equity is a good option for investors with a moderate risk profile. The fund figures in ... More

Renaissance Jewellery: Avoid
More

JM Emerging Leaders: Hold
Investors can retain their units in JM Emerging Leaders as the fund has witnessed a turnaround in performance over the past six months. The scheme has seen a change in fund management twice since its inception two years ago.The fund, ... More

Kolte-Patil Developers: Invest at cut-off
More

Kaushalya Infrastructure: Avoid
More

IPOS
Persistent’s equity share issue
Persistent Systems Ltd has filed its Draft Red Herring Prospectus (DRHP) with SEBI to issue 49.74 lakh equity shares of Rs 10 each. This includes an offer for sale of 9.65 lakh equity shares by the shareholders. The proceeds from the issue will ... More

OUTLOOK
Index Outlook
The bulls, rejuvenated by the Diwali break, came thundering back last week to yank the Sensex back from a deeper correction. The Indian markets displayed remarkable resilience last week. Weak industrial production numbers for September and ... More

What’s ahead?
After being in the “sell” mode for while, foreign institutional buyers showed signs of renewed interest, buying shares worth net Rs 1,740 crore in the last two days. The Government’s announcement that it would be approaching ... More

Market View
In the past month we have seen both bouts of euphoria and volatility, in our view this reflects the acceptance of emerging market equities as an asset class and also some unfounded concerns on impending regulatory actions. FII’s in a ... More






Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Nifty Companies News
SE Diary
Stock Quotes


Related Topics
A Ringside View
ADR Watch
Asset Management Companies
Bonus Announcements
Buyback
Cartoon
Chat
Commentary
Debt Market
Derivatives Markets
Ear to the ground
Economic Offences
Financial Markets
Financial Services
F & O Outlook
Foreign Institutional Investors
Insight
Interview
Investment Banking
Investments
Investor Grievances
Investor Protection
IPOs
Mergers & Acquisitions
Mutual Funds
Mutual Confidence
New Fund Offer
Open Offers
Outlook
Overseas Borrowings
Overseas Investments
People
Preferential Allotments
Private Placement
Public Offer
Recommendation
Regulatory Bodies & Rulings
Rights Issue
Sensor
Stock Exchanges
Stock Markets
Stocks
Taxation
Technical Analysis
Venture Capital


P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
India Inc presents not so rosy a picture

Private equity firms make a beeline to IIM-B

Reliance’s problems in Iraq are just the tip of the iceberg

Customers have things to fear in mobile number portability

Looking back
Nov. 11-Nov. 17
Wish we could say Saawariya of the Sensex!

Nifty future swings wildly around spot

Advt Links:
Six books on Stocktrading, FREE TIPS
Trading On Equities,Commodities Made Easier
Opportunity Never waits..Stock/Commodity Tips Create Wealth

The Hindu Shopping


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line