The Hindu Business Line : Wednesday, December 17, 2008

MARKETS

STOCKS: ADR plummets 54%
In reaction to the proposed deal, the ADR of Satyam Computer in the New York Stock Exchange tumbled by over 50 per cent. At 8.45 pm IST, the ADR plummeted by about 54 per cent to trade around $6.15 against the previous day’s close ...

RECOMMENDATION: Tanla Solutions (Rs 91.65): Buy
Investors with a short-term trading perspective can consider buying Tanla Solutions stock. It is apparent from the charts of Tanla Solutions that it has been on a long-term downtrend from its life high of Rs 410 touched in January. The stock ...

RECOMMENDATION: Day Trading Guide
We recommend a sell in IT stocks such as Satyam, Infosys and TCS as the near-term stance is ...

STOCK MARKETS: Sensex crosses 10,000 in late-hour rally
Mumbai, Dec. 16 The Sensex crossed 10,000-mark in the intra-day trade while the Nifty closed above the 3,000-mark on Tuesday, as a rush of buying in the closing hours of trade led to gains ...

STOCK MARKETS: Every fifth stock hits upper circuit on BSE
Mid & small-cap stocks find frenzied buying. Mumbai, Dec. 16 Every fifth stock traded on the BSE hit the upper circuit filter on ...

STOCKS: From lower costs to stimulus, many triggers to cement stocks
Falling coal prices and cut in diesel prices also positive factors. Cement stocks have seen a good rebound in the last two weeks after falling over 50 per cent since the beginning of this ...

MUTUAL FUNDS: Hike in MF borrowing limit considered
SEBI says temporary step to shield customers. Mumbai, Dec. 16 The raising of borrowing limits for mutual funds to 40 per cent of their net assets, from 20 per cent, was discussed at the SEBI Board meeting on December ...

FINANCIAL SERVICES: RMoney to partner Infinity with eye on Malaysia
Mumbai, Dec. 16 Reliance Money announced on Tuesday that it will be tying up with Malaysia’s Infinity Financial ...

IPOS: SAT reserves order in IPO scam hearing
Mumbai, Dec. 16 Securities Appellate Tribunal (SAT) has reserved the order on NSDL and CDSL appeal against SEBI order in the IPO scam after hearing the arguments of both the parties in ...

STOCKS: RNRL sees sharp drop in open interest
Chennai, Dec. 16 Turnover remained moderate at Rs 39,172.96 crore in the F&O segment on the NSE on Tuesday. The NSE December future added 3.88 lakh shares in open interest positions, most of them were on the long side. It ended at ...

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Markets (Dec 16)

Nifty (at close)	3041.75(+60.55)
US Dollar (Buy/Sell)	47.81/82
Brent crude (a bbl) Rs	2,247
Gold (a gram) Rs	1,192
Silver (a kg) Rs	17,715

Nifty Companies News
Corporate Filings
SE Diary
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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
Jewellery exports down 34% in November

MS India sales ‘impacted’

Jury is still out on extent of slowdown

Too mild a stimulus to boost confidence

Hunger: The poor man’s terror

Raters, regulators in the dock

Looking back
Dec. 7-Dec. 13
IRDA seeks investment details from insurers

Small debt funds face concentration risk: Crisil

Realty index spurts the most on revival steps

RCom jumps on FCCB buyback, stake sale talk

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