The Hindu Business Line : Thursday, July 10, 2008

MARKETS

OUTLOOK: Foreign brokerages downgrade Indian firms
High oil prices, inflation rates lead to major concerns. Mumbai, July 9 Rising domestic inflation, political uncertainties, and the recent movement in oil prices have led to many foreign brokerages downgrading Indian firms. Lehman Brothers, ...

ANNOUNCEMENTS: Corporate developments
Coimbatore, July 9 Apollo Sindhoori Capital Investments Ltd’s board of directors, which on November 21, 2007 had proposed to privately place 6, 64,800 shares of Rs10 each and for which the approval of the ...

RECOMMENDATION: Day Trading Guide
Initiate fresh long-position only if the stock moves above Rs 1,837 level, with tight stop-loss. ...

TODAY'S PICK (Latest Audio: English/Tamil)
RECOMMENDATION: Siemens (Rs 483.35): Buy
We recommend a buy in Siemens from a short-term perspective. From the charts of Siemens, we observe that the stock had been on an intermediate-term downtrend from its January 2008 peak of Rs 1,047 to its 52-week of low Rs 363, recorded in ...

STOCKS: Allied Digital sees higher volumes on talk of eyeing Nasdaq firm
Shares of Allied Digital, the Mumbai-based systems integrator and provider of IT infrastructure management services, have been witnessing higher volumes on the bourses.According to marker sources, the company is close to buying out an arm ...

STOCK MARKETS: IT sector watching out for greater clarity from US
Mumbai, July 9 The Indian IT sector will have to watch out for not only how the US economy shapes up, but also how the US presidential elections pan out, said ...

IPOS: Birla Cotsyn issue subscribed 1.1 times on last day
Mumbai, July 9 The IPO of Birla Cotsyn was subscribed by1.1 times on the last day across the price band. ...

IMPACT
STOCKS: Cotton import duty removal to benefit spinning cos
Move could help ease supply situation. Stocks of cotton textile companies rallied on Wednesday on the back of the removal of import duty on cotton prices. The move could help ease cotton supply situation, which has been tight due to increasing ...

IMPACT
STOCKS: Mundra Port soars on dismissal of petition
Supreme Court allows SEZ construction. The stock of Mundra Port and Special Economic Zone hit the upper circuit limit on Wednesday and closed at Rs 554 after the Supreme Court dismissed a petition that sought stoppage of construction activity ...

DERIVATIVES MARKETS: Shree Renuka Sugars hogs limelight
Nifty future sees short-covering. Chennai, July 9 Turnover improved to Rs 47,907.81 crore on Wednesday in the F&O segment against Tuesday’s turnover of Rs 41,117.91 crore. The Nifty July future, which was ruling at a high premium of ...

FINANCIAL SERVICES: KMA award for Geojit MD

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SE Diary
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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Ranbaxy-Daiichi deal

People's car

Other Top Stories
VAS providers want ‘fair’ revenue sharing

Anti-dumping probe on Chinese plastic initiated

Price realisation of tea up on demand

Nuclear deal: UPA could have handled it better

MBO: Management or `managed' buyouts?

Looking back
Jun. 29-Jul. 5
SAT sets aside SEBI’s final order against Karvy group

Only 4 sectoral indices post positive return in one-year

Holcim ups stake in ACC

Heavy short-covering seen on Nifty future

Buyback to support DLF?

More than two-thirds of IPO stocks rule weak

Archidply Ind tumbles on listing day

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