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Wednesday, May 11, 2005

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MARKETS

TECHNICAL ANALYSIS


Bears prevail
The day's market action resulted in terminating the uptrend in a few tradable counters. However, the sentiment reading of the tradable counters remains bullish with no downtrend counters. Click here for ... More

FINANCIAL MARKETS


Mirabaud Cie plans to launch India-specific fund
MIRABAUD Cie, a Swiss-based bank, and the New York-based Neptune Capital Management are jointly planning to launch a hedge fund specifically for India in about 8 months. It will initially begin with $10-20 million and the plans are to achieve a ... More

STOCK MARKETS


Dr Reddy's on `downgrade' fever
SHARES of pharma company Dr Reddy's Laboratories continued to slip downwards after its disappointing March quarter results. Dealers said sustained selling was seen in the counter following its results as several top broking firms have ... More

Flextronics calls for EGM to delist from BSE, NSE
FLEXTRONICS Software Systems (FSS) has called an extraordinary general meeting of shareholders on June 3 to seek their approval for getting the shares of the company delisted from the Bombay Stock Exchange and the National Stock Exchange. This ... More

Archies up on retail card
IS Archies the next big story on the unfolding retail canvas? Taking a cue from the company's reinvented business strategy and growth plan, a section of investors are evincing fresh interest at the Archies stock. The counter on Tuesday buzzed ... More

Samtel Color jumps on strong show
THE stock price of Samtel Color, a company into manufacturing of picture tubes, was up sharply in today's trading after its strong financial results for the fourth quarter. The company reported a net profit of Rs 18.6 crore for the March ... More

DERIVATIVES MARKETS


Outlook may turn negative for ONGC, GAIL
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: ONGC: The May futures contract closed at 874. The outlook may turn negative if the May contract trades below 860.50. The downside target is ... More

COMMENTARY


Markets turn weak in volatile trade
AFTER being on a roll for six consecutive trading days, the markets ended in the negative territory on Tuesday. In a highly volatile trading in the post-noon session, the Sensex shed 26.64 points (or 0.41 per cent) to close at 6,454.91 ... More

IPOS


SBI Caps seeks to regain share in IPO market
IN a bid to regain its share in the initial public offering (IPO) market, investment banker SBI Capital Markets has initiated a two-pronged strategy for the current fiscal. It will expand the network of its retail broking outfit and empanel more ... More
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Top Stories
Malladi Drugs acquires US-based Novus


Educational, medical institutions run on commercial lines may lose tax sop

VAT panel may assume quasi-judicial role

Debit card usage at point-of-sale rising

Tur prices rise on supply fears

Company Affairs Ministry okays Sun group's DTH application

In Focus

BHEL Disinvestment
China's 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
May. 1-May. 7
Looking for buying support

LIC to focus on equities, may scale up exposure

Turnover, volumes dip on bourses

IGF seeks probe into alleged price rigging in 3 banks


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