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Saturday, August 09, 2008
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STOCKS: Gold ETFs post negative returns for first time this year
Prices down by 7-8% in July; funds not perturbed. Mumbai, Aug. 8 Listed gold exchange-traded funds (ETF) posted negative returns for the first time this year, sliding 6.95 per cent in ...

STOCK MARKETS: Tracking error of index funds widens
Mumbai, Aug. 8 Tracking error of index funds has been widening as the market turned extremely volatile in 2008. Eight funds out of the 22 had a tracking error (in the last one-year period) of more than 2 at the end of June 2008, according to ...

COMMENTARY: Markets this week
In the absence of earth-shattering news, markets on Monday turned lacklustre and moved in a range to finish with a slender loss of 78 points in the BSE at ...

STOCKS: Shanthi Gears witnesses frenzied trading
Denies any decision on stake sale agreement. Coimbatore, Aug 8 The Shanthi Gears Ltd counter witnessed frenzied trading in the National Stock Exchange on Friday following media speculation that the wind energy major Suzlon Energy Ltd is ...

STOCKS: Aspinwall bonus shares in 1:1 ratio

STOCKS: Maruti shares sold at profit, says Corporation Bank
Mangalore, Aug. 8 Corporation Bank, which was one of the highest bidders for the shares of Maruti Udyog Ltd (MUL) in May 2007, has earned a profit of around Rs 16 crore by selling the shares. ...

PEOPLE: Rajnikant Patel quits BSE
Mumbai, Aug. 8 The Managing Director & CEO of Bombay Stock Exchange, Mr Rajnikant Patel, resigned from his post late on Thursday evening, allegedly over mounting differences of opinion among the board members over the exchange’s ...



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Markets (Aug 07)
Nifty (at close)4523.85 (+6.30)
US Dollar (Buy/Sell)42.01/02
Brent crude (per bbl) Rs4,825
Gold (per gram) Rs1,118
Silver (per gram) Rs24.85

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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
Remembering Ramachander

Ranbaxy-Daiichi deal

People's car

Other Top Stories
GM to set up $200-m power train plant

It’s still IT over manufacturing for engg students: CII

‘Problems facing Indian economy are short term’

Gold ETFs post negative returns for first time this year

Tracking error of index funds widens

Southern Railway passenger volume up 12%, earnings 16%

Falling prices cheer; but upside risks remain

FIPB rejects ICP plan to buy 2i Capital stake in Umang Realtech

‘India can become global hub for packaging’

Looking back
Jul. 27-Aug. 2
Reliance Power gains on news of inclusion in Nifty

Volatility index records new peak

Reliance Cap, HSBC, ICICI join SBI to manage EPFO fund

Negative surprise shocks market participants

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