Business Daily from THE HINDU group of publications
Thursday, December 06, 2007
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Markets (Dec. 5)
BSE Sensex19738.07 (+208.57)
S&P CNX Nifty5940 (+81.65)
US Dollar39.49 (+0.03)


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ANNOUNCEMENTS
Corporate developments
Coimbatore, Dec. 5 Crystal Software Solutions Ltd has approved increase in authorised share capital of the company from Rs 5 crore to Rs 10 crore, sub-division of the shares of face value of Rs 10 each to face value of Re 1 ... More

FINANCIAL SERVICES
Securities research team set up
More

STOCKS
Investors remain bullish on power sector cos
Betting on infrastructure boom, 11th Plan More

Essar Steel turns active ahead of de-listing
Analysts feel offer price does not reflect the true value More

Tata Chemicals jumps on re-rating talk
The stock of Tata Chemicals has been accumulated by punters on expectation that it would be re-rated soon by institutions. Market sources say that the stock has been witnessing a lot of institutional buying – both domestic and ... More

TECHNICAL ANALYSIS
Bull domination
Bulls dominated over Wednesday’s trading activity. 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 current sentiment ... More

STOCK MARKETS
‘Keep abreast of market developments’
Tiruchi, Dec 5 The high rate of economic growth, favourable demographic profile and the market potential are the factors that have enabled the country to emerge as the hotspot for investors across the globe, Ms S. Gayathri, Manager (Finance), ... More

Ispat Industries turns star performer
Premium widens for Nifty Dec future More

RECOMMENDATION
Today's Pick: JB Chemicals (Rs 71.45)
We recommend a buy in JB Chemicals & Pharmaceuticals at current market price. It is evident from the weekly chart of JB Chemicals that it has been on a long-term downtrend since its life high of Rs 139, recorded in early 2006. However, ... More

Day trading guide
The stock is range bound between Rs 1,100 and Rs 1,200. Sell the stock in rallies with stop loss at Rs 1,210.Infosys The stock is losing momentum and the volumes are also declining. Desist from trading in this ... More

IPOS
Transformers and Rectifiers IPO opens on Dec 7
Price band fixed between Rs 425-465 More

PUBLIC OFFER
Syndicate Bank expects nod soon for follow-on issue
New Delhi, Dec. 5 Syndicate Bank expects to get the necessary clearances from the Government and other regulatory bodies for its follow-on public issue soon.“The bank’s board has already cleared the proposal, but we are ... More






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