Business Daily from THE HINDU group of publications
Friday, January 25, 2008
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Commodities (Jan 23)
Gold (per gram) Rs1,044
Silver (per gram) Rs22.50
Brent crude (per bbl) Rs3,516
Markets (Jan. 24)
BSE Sensex17221.74(-372.33)
S&P CNX Nifty5033.45 (-169.95)
US Dollar39.50


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Twenty20: IPL reaps a bumper with Rs 2,800-cr bids
Mukesh Ambani, Vijay Mallya vie with Shah Rukh More

SBI net grows 70% in Q3 on higher income
Picking up 91% in Global Trade Finance More

Markets start positive, but close in the red
Mumbai, Jan. 24 The stock markets closed in the red on Thursday, the Sensex losing 2.12 per cent and the Nifty 3.27 per cent.The Sensex opened optimistically with a gain of 327 points, later surging above the 18,000 levels, making an ... More

‘US has lessons to give on investor-friendly action’
Brokers, investors seek similar relief from Government More

RIL at Rs 10, Dr Reddys at 7!
COOL AS A CUCUMBER More

PSU banks promise additional capital market exposure
Within regulatory limits set by the RBI More

FIIs betting on reverse-arbitrage?
Kolkata, Jan. 24 If you go by the SEBI figures for recent FII investments, then you may conclude that they are net sellers in the Indian equities. But it’s deceptive, say brokers and overseas fund managers.According to them, a ... More

Cabinet clears changes to Forward Contracts Act
Paves way for options trading, commodity index futures More

A software that can diagnose diseases!
VIRTUAL PHYSICIAN More

PNB examines funding options for housing finance arm
To exit life insurance joint venture; posts 26% rise in Q3 net More

‘Domestic IT services market to grow to $10.73 b by 2011’
Gartner sees growth in consulting, business process management services More

TCS wins $40-m New India Assurance deal
This is its first major engagement in the non-life insurance space More

BSNL ties up with US firm SOMA for WiMax
To roll out services during July-Sept in 3 States More

TODAY'S PICK
Axis Bank (Rs 1,005.75): Sell
We recommend a sell in Axis Bank at current market price. From the weekly chart of Axis Bank we note that it had been on a long-term uptrend from its August 2007 low of Rs 534 till its lifetime-high of Rs 1,291 touched in mid-January. However, ... More

Bears hug metal stocks
BSE Metal index dips 860 pts More

Day Trading Guide
More

Challenging times for IPOs issued after meltdown
Mumbai, Jan. 24 The stock market meltdown hasn’t affected the smaller public offers that have hit markets after the meltdown so far but the real challenge would be to see retail investors’ response to the multi-billion rupees IPOs ... More

No rush for demat accounts
Mumbai, Jan. 24 The opportunity of ‘value stock buys’ at the current lows, being recommended by advisors, has not seen any unusual rush for new demat accounts.Last year-end witnessed growth in the number of demat accounts, ... More

Entertainment Network re-rated
On expectations of higher growth in OOH business More

TCS deal with Sony
Represents shift in gears in terms of service delivery More

Broking firm stocks fare poorly
As many face payment problems More


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