Business Daily from THE HINDU group of publications
Friday, June 27, 2008
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Markets (June 26)
BSE Sensex14421.82 (+201.75)
S&P CNX Nifty4315.85 (+63.20)
US Dollar42.75 (-0.02)


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MARKETS

ANNOUNCEMENTS
Corporate developments
India Ltd has said that the Board of Directors at its meeting held on June 25 has considered the proposal of buy back of shares and decided to defer a decision on the same.Madras Fertilizers Ltd has ... More

MUTUAL FUNDS
BNP Sundaram MF in pact with J&K Bank
Mumbai, June 26 BNP Sundaram Paribas Mutual has entered a tie-up with The Jammu & Kashmir Bank Ltd to distribute its entire bouquet of schemes across its branches in major business cities in the country.“We see greater ... More

STOCKS
Idea Cellular dips on fears of short-term margins pressure
Equity dilution also to impact, say analysts More

Oil and gas stocks gain on short covering
News of RIL starting production in Sept buoys the stock More

IMPACT
Good times continue for Aban Offshore
Firm day rates highlight strong demand for jack-up rigs More

STOCK MARKETS
‘Oil is not yet fully priced in stock market’
Large-caps look a better choice: Mitesh Mehta, Enam Securities More

DERIVATIVES MARKETS
Heavy short positions in Nifty July future
Reverse arbitrage in Reliance Ind More

RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Godawari Power & Ispat (Rs 211.95): Buy
We recommend a buy in Godawari Power and Ispat from a short-term perspective. We see that the stock has been on a medium-term up trend since its March 2008 trough of Rs 150 (a key support level). On June 26, the stock jumped up more than 4 ... More

Day Trading Guide
The stock is pausing at around Rs 700 levels. Avoid initiating buy or sell position in this counter for the session. Infosys Sell the stock in rallies with tight stop-loss at Rs 1,800. More

PUBLIC OFFER
UCO Bank gets nod for follow-on public issue
Plans to raise Rs 400 crore by third quarter 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
Ranbaxy-Daiichi deal

People's car

Other Top Stories
Ministry in favour of cutting import duty on cotton

NAPC going abroad for mining

Lukewarm response to reverse mortgage scheme

Nokia outlines initiatives targeting rural markets

Jeddah meet: No respite for oil importing countries

Heavy short positions in Nifty July future

Mumbai port privatisation move to render 100 workers jobless

Looking back
Jun. 15-Jun. 21
Sterlite, Tata Power to figure in Sensex from July 28

Will RIL-RCom spat affect markets?

Ashok Leyland shareholders to get stake in Nissan jt venture

SEBI advises MFs to focus on hassle-free redemptions

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