Business Daily from THE HINDU group of publications
Tuesday, May 08, 2007
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Markets (May 7)
BSE Sensex13879.25 (-55.02)
S&P CNX Nifty4111.15 (-6.20)
US Dollar (Buy/Sell)40.72 (-0.22)


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MARKETS

NEW FUND OFFER
DSP Merrill micro cap fund
DSP Merrill Lynch Fund Managers has launched DSP Merrill Lynch Micro Cap Fund, a three-year close-ended equity growth scheme in the Kerala market. The new fund offer will close on May 25. Mr V. Girish, Vice-President (Sales), ... More

MUTUAL FUNDS
Sanjay Sinha is CIO of SBI Mutual
Mr Sanjay Sinha, Head of Equities, SBI Mutual Fund, will take over as Chief Investment Officer of the mutual fund from June 1. Mr N. Sethuram Iyer, present CIO, who was on deputation from State Bank of India, will go back to the ... More

STOCKS
Oil marketing stocks turn top draws
Appreciating rupee, high refining margins brighten outlook More

Gold BeES can be collateral
`Gold BeES' - the Gold Exchange Traded Fund from Benchmark Mutual Fund, is now an approved security forming part of the non-cash component of liquid assets for the capital markets as well as the future and options segments of the National ... More

TECHNICAL ANALYSIS
Volatile movement
Monday's trading activity witnessed volatile movement. The sentiment reading of the tradable counters changed to bearish. Bull move on Tuesday has the potential to change the sentiment reading in their favour. On the contrary, the prevailing ... More

FOREIGN INSTITUTIONAL INVESTORS
Avesthagen gets Rs 22.5 cr from NYLIM India Fund
Avestha Gengraine Technologies Pvt Ltd has announced a Rs 22.5-crore investment by New York Life Investment Management India Fund, LLC, through equity shares for nearly five per cent stake in the company. The investment will go towards the ... More

IPOS
DLF going ahead with IPO
Targets Rs 13,000-14,000 cr through issue More

Nitin Fire Protection plans Rs 64-cr public issue
IPO price band fixed at Rs 171-190 More

RIGHTS ISSUE
Orient Paper gets nod for rights issue
Price range, ratio to be ready this month More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

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