Financial Daily from THE HINDU group of publications
Monday, March 20, 2006
Markets (March 17)
BSE Sensex10860.04(-18.70)
S&P CNX Nifty3234.05 (+7.45)
US Dollar (Buy/Sell)44.47 (+0.04)


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FINANCIAL SERVICES


Karnataka Bank's DP services
Karnataka Bank has launched CDSL-DP services at select branches. A bank release said the service would be extended soon to more centres such as Chennai and New Delhi. Quoting Mr V.V. Raut, Managing Director and Chief Executive ... More

Broking firm Selectgroup to re-brand outlets
Selectgroup, the Kochi-based stock and commodity broking firm is re-branding its outlets and service lines under the umbrella of a new name Investnet. The basic idea behind change in brand name is to project the company's shift in focus from a ... More

INSIGHT


Correction ahead for stocks?
An expected global liquidity crunch, higher supply of stocks through IPOs, and India's high valuations compared to the US are, according to international analysts, reasons enough to go slow on the Indian stock market. This view may be heretical but c annot be ignored. More

MUTUAL FUNDS


Reliance NFO proves MFs can reach out to masses
`What now needs to be ensured is directing more resources towards consumer education' More

STOCKS


`Birdflu scare will affect results'
Srinivasa Hatcheries Ltd has informed the stock exchanges that in the wake of the recent alleged reports of prevalence of the bird flu epidemic, the prices of eggs and chicken have fallen steeply in many parts of the country ... More

STOCK MARKETS


Be careful if you don't know where you're going
Jogin was adding to his knowledge of capital account convertibility, Dakshinamoorthy was making place in his shelf for `comprehensive new company law', and Sridevi was sadly browsing through a photo collection of Surya Kiran's aerobic feats. ... More

FOREIGN INSTITUTIONAL INVESTORS


Selling India: A look at the complete picture
Export-related direct tax concessions for software parks and export-oriented zones can are demonstrably good value for money. If sympathetically implemented, they will make a big difference to our level of export earnings. More

INTERVIEW


`Equity returns in future will be company specific rather than sector or market driven'
We believe that valuations are currently reasonable across sectors More

IPOS


SEBI's rating plan fails to lure IPO cos
Of more than 40 IPOs likely to hit the market, only 4 cos have taken the test exercise More

`Textile cos must enter market'
With the topmost textile company having a market cap of only Rs 3,000 crore, as against that of half the listed companies, which is in excess of Rs 10,000 crore, there is a need to bridge this gap, according to Mr Anand Rathi, ... More

NeST plans IPO for expansion
Semiconductor foray planned More

OUTLOOK


Hot money flow overcomes all odds
This week broader indices may out-perform if the benchmarks remain steady More
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`Equity returns in future will be company specific rather than sector or market driven'


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Looking back
Mar. 12-Mar. 18
Sceptics are turning into believers

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RPG retail arm may tap capital market next year



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