Business Daily from THE HINDU group of publications
Wednesday, April 25, 2007
ePaper
Markets (April 24)
BSE Sensex14136.72(+208.39)
S&P CNX Nifty4141.80 (+56.70)
US Dollar (Buy/Sell)41.18 (-0.51)


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MARKETS

NEW FUND OFFER
Franklin plans Capital Protection Fund
Franklin Templeton Investments (India) will launch capital protection oriented scheme called Franklin Templeton Capital Protection Oriented Fund. This is the second capital protection fund from Franklin Templeton. The New Fund Offer period will ... More

MUTUAL FUNDS
Fidelity now adopts monthly disclosure
Fidelity International has moved towards the practice of disclosing its funds' complete portfolios on a monthly basis. The fund house, until recently, disclosed its portfolios only on a half-yearly basis, while a truncated snapshot of its ... More

TECHNICAL ANALYSIS
Bull domination
Bull dominates on Tuesday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear move on Wednesday has the potential to change the sentiment reading in its favour. NIFTY ... More

STOCK MARKETS
Sensex closes above 14,000
The central bank's policy to keep key interest rates unchanged propelled the Sensex to close above the 14,000-mark. The BSE benchmark index Sensex gained 208.38 points or 1.5 per cent to end at 14,136.72 points. S&P CNX Nifty closed 1.39 per ... More

OVERSEAS INVESTMENTS
Increase in overseas limit will encourage global offerings: MFs
Fund houses await word on their individual limits More

COMMENTARY
Relief rally in banking stocks marks day of credit policy
With the Reserve Bank of India deciding to hold rates in its much-awaited credit policy, the markets breathed a sigh of relief on Tuesday and banking stocks were among the major gainers. The benchmark BSE Sensex gained 208 points to close at ... More

BONUS ANNOUNCEMENTS
Sun TV board okays 1:1 bonus issue
The Board of Directors of Sun TV Network Ltd in its meeting held on Tuesday recommended a bonus issue of one share for every share held. ... More






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