Business Daily from THE HINDU group of publications Tuesday, November 11, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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STOCK MARKETS: Chinese stimulus package buoys markets Sensex rises 572 points, Nifty up 5.89%; Asian markets react positively. Mumbai, Nov. 10 The equity market snapped its four-day losing streak on Monday as world markets surged after China announced a massive economic stimulus ... RECOMMENDATION: Hindustan Construction (Rs 58.8): Buy Investors can buy Hindustan Construction Company at current levels with a short-term perspective. The stock bottomed at Rs 30.1 on October 27 after a protracted down trend. It had rebounded from this support in January 2005 too. ... STOCKS: Target prices of India Inc weighed down Post-revision, stocks still have upside potential. Chennai, Nov. 10 The stock market turmoil might have prompted some downward revision in stock prices but global brokerage houses are bullish on quite a few Indian ... FINANCIAL SERVICES: Trading terminals of 124 brokers disabled in October Deactivation signifies lack of liquidity, say brokers. Mumbai, Nov. 10 The number of broker-member terminals deactivated by the NSE in October was more than double the deactivations in the ... VENTURE CAPITAL: Manappuram receives Rs 108 crore through private equity funding UK-based Ashmore Alchemy and US-based Granite Hill pump in money. Kochi, Nov. 10 Manappuram Group of companies has received Rs 108 crore from UK and US-based private equity firms along with participation by the promoter ... STOCK MARKETS: Channelise PF, pension funds to stock market: ANMI Ahmedabad, Nov. 10 In order to restore market confidence, the Association of National Exchanges Members of India (ANMI) on Monday urged the Government to set up a Sovereign Fund to support the equity of well-managed listed companies. It ... STOCKS: Monorail project: Challenge for L&T Consortium facing stiff deadline, standards. While bagging the country’s first monorail system project is no doubt, one more feather in Larsen & Toubro’s cap, the execution of this first-of-its-kind project in the country within ...
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