Business Daily from THE HINDU group of publications
Friday, June 20, 2008
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Commodities (June 19)
Gold (per gram) Rs1,150
Silver (per gram) Rs26.55
Brent crude (per bbl) Rs5,834
Markets (June 19)
BSE Sensex15087.99 (-334.32)
S&P CNX Nifty4504.25 (-78.15)
US Dollar43.00 (+0.09)


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Domestic airlines hike fares to beat rising costs
Industry will consider more measures to improve financial health More

Govt gets support of key allies for nuclear deal
New Delhi, June 19 The Congress-led Government’s all-out efforts to push ahead with the Indo-US nuclear deal in the face of continuing Left opposition received added boost on Thursday, with key constituents of the ruling United ... More

Sensex drops 334 points as selling continues
Mumbai, June 19 Weak Asian markets, inflationary woes and uncertainty regarding the nuclear deal continued to dampen market sentiment on Thursday for a second consecutive day. The Sensex dipped 334.32 points at 15087.99 levels and the Nifty ... More

Global IT majors push for unrestricted Net telephony
New Delhi, July 19 Global IT and telecom majors including Google, Microsoft, BT and AT&T are pushing for unrestricted Internet telephony in India. They have written to the telecom regulator to allow consumers to make cheaper ... More

Monsoon posts 45% surplus in first 19 days
Kerala, Marathawada, Assam & Meghalaya in the red More

The importance of being Lipitor
More

Fuelling turbulence
In the 1970s, when oil prices shot up ten-fold, it was considered ‘black gold’. The fortunes of several countries with large reserves of oil soared. However, this black gold is turning the bottom-line of the aviation industry a deep ... More

Banks readying to fund ‘informal’ loans of farmers
Second phase of credit support operations to begin soon More

STD calls: Carrier choice looks distant for users
Private players join BSNL in opposing TRAI plan More

‘Financial inclusion will be a reality in 3-5 years’
Chidambaram launches micro-credit scheme for slum-dwellers in Delhi More

No shortage of fertilisers, says Fertiliser Dept
‘States are failing to monitor supplies’ More

TODAY'S PICK (Latest Audio: English/Tamil)
Dr Reddys Laboratories (Rs 680.20): Sell
We recommend a sell in Dr Reddys Laboratories from a short-term perspective. The stock has been on a medium-term uptrend since its February 2008 low of Rs 501. However, the stock met with a significant resistance at Rs 720 level in early June and ... More

Day Trading Guide
In line with our expectation, the stock declined in the last trading session. We retain our sell recommendation in this counter. Infosys We recommend a sell in this stock for the session. More

Ranbaxy tumbles on muted guidance
Foreign brokerages see no upside in near-term More

Uniform regulations for all market intermediaries
Existing intermediaries should file disclosure norm in specified form More

Zee Next spin off could improve earnings
Risk remains with film production foray More


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