Business Daily from THE HINDU group of publications
Tuesday, February 20, 2007
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Markets (Feb 19)
BSE Sensex14402.90 (+47.35)
S&P CNX Nifty4164.55 (+18.35)
US Dollar (Buy/Sell)44.15 (+0.07)


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MARKETS

INVESTMENT BANKING
Collins Stewart stake in Inga
Global financial services provider, Collins Stewart, has picked up a 50 per cent stake in Inga Advisors Private Ltd, a Mumbai-based Category-I Merchant Banker. Inga Advisors has been promoted by Mr G.S. Ganesh, a chartered accountant, Mr Ravi ... More

NEW FUND OFFER
UTI Mutual Fund launches Gold ETF
Issue open for subscription from March 1 to 12 More

STOCKS
Volatile construction stocks upset funds' NAVs
Some funds already pare exposure to this segment More

Premier sees heightened activity
Premier Ltd is seeing heightened activity of late in view of promoters and a group of non-promoters making separate moves to increase their respective stakes in the auto component company. Today the stock finished at Rs 54.10, hitting its 5 per ... More

TECHNICAL ANALYSIS
Sideways movement
Monday's trading activity witnessed sideways movement. The sentiment reading of the tradable counters remains neutral. Bull move on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the sentiment reading may turn ... More

COMMENTARY
Benchmarks lack direction in dull trade
After the fireworks of Thursday, Indian equity markets spent Monday in a relatively sedate sideways move. Sensex attempted to move close to 14,500 early in the session but the general air of caution kept a lid on the rally and the index finally ... More

IPOS
Afcons plans to raise up to Rs 250 cr thru IPO
The ongoing Rs 75-crore, oil jetty project at Port Louis Harbour is the first major project being implemented by an Indian construction company, here. More

Shriram EPC's order book swells to Rs 600 cr
Shriram EPC Ltd, part of the Chennai-based Shriram group, is sitting on an order book worth Rs 600 crore, twice as much as its expected turnover for the current year. The company is into providing a variety of engineering and construction ... More

Ybrant buys AdDynamix for $10 m
Plans IPO by March-end More

Page Industries IPO opens on Feb 23
Page Industries Ltd, the exclusive licensee of Jockey International Inc, is entering the capital market with an initial public offering of 28.04 lakh equity shares. The issue comprises a fresh issue of 14.12 lakh shares and an offer for sale of ... More






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