Financial Daily from THE HINDU group of publications
Tuesday, October 11, 2005
Markets (October 10)
BL 2502415.04 (-17.35)
BSE Sensex8483.86 (-7.70)
S&P CNX Nifty2566.85 (-7.20)
US Dollar (Buy/Sell)44.71/44.84
Gold Std (10 gm)6955 (+80)


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DSP Merrill Lynch Super S.I.P
VISAKHAPATNAM: DSP Merrill Lynch launched its one-of-a-kind scheme — Super S.I.P — here on Monday facilitating investments through a monthly plan coupled with insurance cover. In a press release issued here on Monday, Mr S. ... More

STOCKS


Indiabulls net up 46%
INDIABULLS Financial Services net profit rose 46.42 per cent to Rs 59.93 crore during the second quarter of this fiscal compared with Rs 40.93 crore in the same period last year. The company's total revenue rose 58.5 per cent to Rs 155 crore ... More

TECHNICAL ANALYSIS


Bear pressure continues
BEARS were stranded over Monday's trading despite facing strong opposition from the bulls in the initial part of the day's trading. The sentiment reading of the tradable counters continued to remain bearish. Bull move on Tuesday has the ... More

STOCK MARKETS


Jammu & Kashmir Bank up on performance hopes
DESPITE the devastation caused by the earthquake in the State, the Jammu & Kashmir Bank stock rose on Monday. The stock closed at Rs 457.70, up 3.04 per cent with a volume of 61,545 shares on the Bombay Stock Exchange. Dealers said that the ... More

COMMENTARY


Selling pressure puts paid to initial hour rallies
ON Monday, the markets recorded high volatility with many of the indices moving within a per cent band. The markets were stretched on both ends, the bears, however, managed to have the last laugh. Almost all indices on the BSE closed in the red ... More

IPOS


KM Sugar IPO opens on Oct 14
KM Sugar Mills Ltd today said that it plans to enter the capital market with an IPO to raise Rs 33.28 crore to fund its expansion programme. The company, which has a sugar plant in Faizabad district, Uttar Pradesh, is making the offer of 64 ... More
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