Business Daily from THE HINDU group of publications
Saturday, August 18, 2007
ePaper
Commodities (Aug 17)
Gold (per gram) Rs818
Silver (per gram) Rs17.70
Brent crude (per bbl) Rs2,856
Markets (August 17)
BSE Sensex14141.52 (-216.69)
S&P CNX Nifty4108.05 (-70.55)
US Dollar (Buy/Sell)41.34 (-0.01)

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FII selling drives Sensex down
Index recovers from 570-pt intra-day fall to close 216 points lower More

Rupee & money markets shiver
Currency rebounds to 41.33/34; call rates shoot up More

US sub-prime fears continue to grip infotech stocks
Sector witnesses hectic selling activity from foreign funds More

Rupee, Sensex move in tandem on volatile day
When stocks rise, bonds normally fall (yields rise) and when stocks fall, bonds rise (yields fall).This is a typical market scenario.Where foreign investments are permitted in a country’s financial markets, there is the currency ... More

Large-caps most likely to stage comeback and save funds
Kolkata, Aug. 17 Large-cap stocks, many of them hurt badly on a day (Thursday) the Sensex went down by over 600 points, may yet save the day for equity funds. Or so feel fund houses, ones that believe that these counters will be among ... More

FDI inflow trebles in first half at $11.4 b
Country remains favourite destination: Kamal Nath More

ICICI Bank gets FIPB nod to sell 24% in arm
Four FDI proposals cleared for stake in DSE More

Bajaj’s Waluj plant workers get pay hike
Akurdi plant workers must wait More

For Coke, flavoured milk is the new real thing
PORTFOLIO EXPANSION More

Dollar still key safe haven asset
More

Nokia detects 1 lakh sets with defective batteries
Impact on sales will be known in a week’s time More

Inflation rate dips on cheaper manufactured items
Wholesale Price Index of all commodities at 213.1 More

ICICI Bank has role in 79% of outbound M&A deals
Sets up global investment group to ride merger wave More

Bullion prices in sync with weak global markets
Mumbai, Aug. 17 Traders in the local bullion market are advising a bit more of a wait-and-watch period for the eager bullion investors. Prices in the domestic market are expected to plunge further due to continued bearish trend in the ... More

Centre bans GM crop trials on farmers’ lands
‘Seed firms should use own premises or long-leased lands’ More

Infrastructure growth slips to 5.3% in June
Slowdown in crude, coal, cement, finished steel output More

FIIs help in realty stocks’ resilience
Unitech, Sobha Developers facilitate realty index end in green More

Uncertainty over oil bond issue drags oil marketing companies
Kolkata, Aug. 17 In tune with the overall market mood the oil stocks, except Reliance Industries, a diversified player, dropped today on the bourses. The decline, according to market analysts and industry experts, was particularly pronounced ... More

Stake sale buzz in Indusind Bank
Market talk of Deutsche Bank picking up a stake in the mid-sized private sector IndusInd Bank has increased the trading interest and volumes in the bank’s stock. Despite the sharp corrections in the stock markets for the past few days, the ... More


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