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Friday, February 18, 2005

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PREFERENTIAL ALLOTMENTS


Escorts board gives nod for capital revamp
ESCORTS Ltd on Thursday announced a capital restructuring plan under which it would offer preferential shares to non-resident investors and increase its authorised share capital. The company will restructure its authorised share capital by ... More

MUTUAL FUNDS


Tata MF files offer document for debt scheme
TATA Mutual Fund has filed its offer document for launching Tata floater - long-term fund. This is an open-ended pure debt scheme, investing only in debt and money market instruments. The scheme could invest 65 - 100 per cent of its corpus ... More

STOCKS


Satnam Overseas promoters shed 6 per cent stake
PROMOTERS of Satnam Overseas Ltd , a basmati rice-exporting firm, have sold more than six per cent of their stake in the stock market this month. Leading FIIs have purchased most of these shares. Following the sale of 6.1 per cent stake (12.09 ... More

TECHNICAL ANALYSIS


Bears prevail
BEARS maintained their pressure over Thursday's trading activity. Their dominance resulted in terminating most of the uptrend counters in the list. The market sentiment reading of the tradeable counters stands bearish. Bull domination on Friday ... More

STOCK MARKETS


Matrix Lab may post strong gains
MATRIX Laboratories, whose price movements have been quite volatile, is expected to make strong gains by the end of the current quarter. Brokers say that medium to long-term expectations on the scrip are high as the company is hopeful of ... More

Mahindra Gesco Developers stock hits 52-week high
THE stock of Mahindra & Mahindra group company, Mahindra Gesco Developers, on Thursday closed 10 per cent up despite postponement of Cabinet decision on opening up real estate sector for FDI. The stock scaled its 52-week high at Rs 136, with a .. More

DERIVATIVES MARKETS


Outlook may turn positive for Reliance, ACC
THE following strategies are based on Thursday's trading in the spot and the derivative segments on the NSE: Reliance Industries: The stock closed at Rs 536 in the spot market. The outlook may turn positive if the stock moves above Rs ... More

FOREIGN INSTITUTIONAL INVESTORS


Goldman, Merrill Lynch pick up 5.7 pc in Rajesh Exports
GOLDMAN Sachs and Merrill Lynch have picked up a total of 5.7 per cent stake in Rajesh Exports Ltd, a gold jewellery exporting company. Goldman Sachs bought 4.28 per cent and Merrill Lynch bought 1.42 per cent from the total equity of 70 crore ... More

CORPORATE BONDS


IDBI to launch Omnibonds 2005
MUMBAI: Industrial Development Bank of India (IDBI) informed the Bombay Stock Exchange that it proposes to launch the second tranche of IDBI Omnibonds (2005) issue, for an amount of Rs 3 crore, called IDBI Omnibonds 2005D. ... More

COMMENTARY


Selling pressure seen on all counters
MARKETS on Thursday opened on a weak note and fell for the third straight day as selling pressure was witnessed on all counters. In the late hours of trade, markets recovered the losses of the morning trade. The fall was across all spectrums ... More
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Top Stories
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In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 6-Feb. 12
Jet Airways IPO price band fixed at Rs 950-1125

IVRCL plans Rs 145-cr public issue

IPO: 12 lakh shares reserved for Jet Airways employees


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