Business Daily from THE HINDU group of publications
Friday, May 16, 2008
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Markets (May 15)
BSE Sensex17353.34 (+375.19)
S&P CNX Nifty5115.25 (+103.50)
US Dollar42.77 (+0.24)


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ANNOUNCEMENTS
Corporate developments
Coimbatore, May 15 With reference to the earlier announcement dated December 24, 2007 regarding temporary suspension of operations at the plant located at Ennore (Tamil Nadu), Coromandel Fertilisers Ltd has now informed ... More

STOCKS
Falling rupee lifts textile companies
Analysts feel that still it is a wait-and-watch situation More

SC ruling on cane price lifts sugar stocks
Expectation of firm sugar price also bodes well More

IMPACT
Blue Star sees record growth in FY-08
Commonwealth Games to provide huge opportunity More

STOCK EXCHANGES
100 years
More

STOCK MARKETS
Sensex gains 375 points on positive news on economy
Mumbai, May 15 Stocks gained on Thursday on positive reports on the Indian economy by global ratings firm Moody’s and the positive outlook for some sectors that stand to gain from a depreciating rupee.Indications of monsoon ... More

DERIVATIVES MARKETS
Bank future shed open position ahead of inflation numbers
Shree Renuka Sugars hog limelight More

FOREIGN INSTITUTIONAL INVESTORS
SAT sets aside SEBI order on Goldman
Mumbai, May 15 The Securities Appellate Tribunal (SAT) on Thursday set aside the impugned SEBI order penalising the FII Goldman Sachs Investments (Mauritius) Ltd in the matter of issuing off-shore derivative (ODI) instruments to an overseas ... More

FII outflows – turn in tide?
Internal concerns deter investors More

RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Maruti Suzuki India (Rs 822.70): Buy
We recommend a buy in Maruti Suzuki India from a short-term perspective. From the charts of the stock it is clearly evident that it was on a long-term downtrend from its October 2007 high of Rs 1,252, forming lower peaks and lower troughs till ... More

Day Trading Guide
In line with our expectation, the stock moved up in the last trading session, accompanied with good volume. We retain our buy recommendation. L&TThe stock has surged accompanied with good volume in the last ... More

IPOS
Anu’s Lab IPO subscribed 8 times
Mumbai, May 15 The initial public offering of Anu’s Laboratories was subscribed 8.43 times, according to the NSE Web site. The issue received bids for 3.22-crore equity shares as against the 38.2-lakh equity shares on offer, according to ... More

PUBLIC OFFER
Finance Ministry rejects NTPC follow-on public offer proposal
Company had plans to raise Rs 6,000 crore More

VENTURE CAPITAL
PE funds shy away from real estate sector
30% of deals stuck over valuation concerns More






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
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