Business Daily from THE HINDU group of publications
Thursday, September 20, 2007
ePaper
Commodities (September 19)
Gold (per gram) Rs879
Silver (per gram) Rs18.80
Brent crude (per bbl) Rs3,153
Markets (Sept. 19)
BSE Sensex16322.75 (+653.63)
S&P CNX Nifty4732.35 (+186.15)
US Dollar (Buy/Sell)40.23 (-0.28)

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Sensex surges past 16,000
It’s all-time high; Fed rate cut powers 653-point gain More

FII show all the way; net buying at Rs 2,457 cr
Mumbai, Sept. 19 FIIs, which led the rally in the stock markets on Wednesday, were net buyers to the tune of Rs 2457.6 crore. The rally was solely led by them, domestic institutions being net sellers at Rs 328 crore and the retail ... More

Britannia plans entering new foods biz
Aims at creating brands that are ‘differentiated’ More

ONGC seeks market price for gas
More

‘ONGC stock split, bonus issue in due course’
ONGC Videsh bags three blocks in Colombia More

Kharif foodgrain output pegged at 112.24 mt
Record harvest seen for cotton, sugarcane crops More

Market buoyancy shows weak integration at global level
Low correlation draws FIIs; better returns here, though risks are higher More

N- deal will help India meet energy needs: Mulford
New Delhi, Sept. 19 While the Left parties have asked the UPA Government to put on hold the implementation of the Indo-US civil nuclear deal for at least six months, the US has asserted that “time is of the essence” in taking the ... More

‘Wide disparities exist in export contribution’
New Delhi, Sept. 19 The Union Minister of State for Commerce, Mr Jairam Ramesh, has expressed his concern over the uneven spread of IT industry in generating employment and revenues across different states. Addressing the executive ... More

US cos could save $9.9 b thru outsourcing: Study
More

Intel puts the squeeze on microchips
Unveils new architecture for nextgen 45-nm processor families More

Gold at new high, silver falters
Mumbai, Sept. 19 On Tuesday, at $723.4 an ounce, gold prices closed at their highest level since 1980; and in the early trades today, the metal traded $4 away from last May’s intra-day peak of $730/oz. Following the FOMCs decision to cut ... More

India gains as BRIC markets back in vogue
Returns 19% during Aug 17-Sept 19 period More

US Fed rate cut tonic for India Inc
Near term outlook may brighten More

Today's Pick: Bank of India (Rs 259.10)
We recommend a buy in Bank of India at current price. The stock has been in uptrend since the July 2006 low of Rs 80. However, after making an all-time high at Rs 276 in July, the stock has been declining. This short-term downtrend got arrested ... More

Day trading guide
The stock broke above the key resistance at Rs 932 backed with good volume. The daily momentum indicator has entered the bullish region. We maintain our buy recommendation on this stock.Infosys On Wednesday the ... More

Realty, Bank, Commodity lead stock market rally
Real estate stocks have made a strong recovery More

Uptrend in sugar stock prices
Although the sugar stocks ran in glory keeping with the overall market trend, the reality seems to be indifferent according to the trade. Sugar stocks seemed to have taken off after the Agriculture Minister was quoted to have said that ... More

Two-wheeler scrips gain across the board
Mumbai, Sept. 19 The US Fed Reserve reduced the benchmark funds target rate by 50 basis points to 4.75 per cent (5.25 per cent) on Tuesday.In anticipation that the Reserve Bank of India will follow suit, an adverse effect occurred on ... More

IT stocks gain amid cautious mood
Mumbai, Sept. 19 Shares of Indian IT firms today entered the positive trajectory, buoyed by sentiments that the cut in interest rates by Federal Bank may help prevent a recession in the world’s largest economy.However, sustained ... More

Betting on Supreme gains
Some players have begun market-making operation in Supreme Industries, betting on its value proposition in view of revenue as well as earnings growth and relatively low market capitalisation. The plastics and plastic product company has reported ... More

Wrangler’s urban legend
The ‘urban cowboy’ brand goes below the line, adopts new media and technology to communicate with its target market. More

Nagarjuna moving up the value chain
Consolidating position as EPC provider More


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