Business Daily from THE HINDU group of publications
Thursday, September 06, 2007
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Markets (Sept. 5)
BSE Sensex15446.15 (-19.25)
S&P CNX Nifty4475.85 (-3.40)
US Dollar (Buy/Sell)40.96 (+0.03)


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FINANCIAL SERVICES
State Bank of Patiala offers e-trading
Mumbai, Sept. 5 The State Bank of Patiala has launched a 3-in-1 account e-trading facility in association with SBICAP Securities Ltd.It is an online trading facility which will allow theaccount holders of the bank to trade on BSE and ... More

NEW FUND OFFER
Morgan Stanley plans multi-cap open-ended fund
New offering comes after 13 years; to track BSE-200 More

MUTUAL FUNDS
UTI’s energy fund to focus on new areas of investment
Kolkata, Sept. 5 The petroleum sector fund managed by UTI Mutual Fund will change tack by broadbasing its investment strategy in order to cover a host of new areas.To be called UTI Growth Sectors Fund – Energy Fund (it is now ... More

STOCKS
Merger talk boosts PNB Gilts
PNB Gilts, a primary dealer in Government securities and a subsidiary of Punjab National Bank (PNB), on Wednesday shot up by 10 per cent in value and traded quantity also jumped on expectation that it may be merged with its principal. Mr K. ... More

Order buzz buoys Omnitech
The stock of recently listed IT solutions firm Omnitech Infosolutions has been buzzing with hectic buying activity of late. According to market men tracking the stock, the company has clinched a substantial deal in the infrastructure management ... More

TECHNICAL ANALYSIS
Volatile movement
Wednesday’s trading activity witnessed volatile movement. However, the sentiment reading of the tradable counters remains bullish. Bear move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the ... More

FOREIGN INSTITUTIONAL INVESTORS
4 FIIs buy over 7% in Gitanjali Gems
Jewellery segment turns attractive to foreign funds More

IPOS
IPO: OIL to decide on lead managers soon
New Delhi, Sept. 5 Oil India Ltd (OIL) hopes to firm up the lead managers for its initial public offer (IPO) shortly. “The company has invited all the major merchant bankers to apply and we hope to take a decision by next ... More

Dhanus eyes Rs 107 cr from IPO
Mumbai, Sep.5 Chennai-based Dhanus Technologies, proposes to enter the capital markets with a public issue of 38.3 lakh equity shares of Rs 10 each. At the lower end of the price band of Rs 280 to Rs 295 per equity share, the company proposes ... More

Mundra Port IPO plans on course
Kolkata, Sept. 5 The Adani Group is expecting to come out with the Rs 1,500-crore Mundra Port and Special Economic Zone Ltd (MPSEZL) initial public offering in October. The group is not planning any revision in the proposed issue due to ... More






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