The Hindu Business Line : Thursday, May 12, 2005

Principal PNB floats junior cap fund
PRINCIPAL PNB Mutual Fund has launched a new scheme called Principal Junior Cap Fund. The fund offering is from May 12 to June 8. It is an open-ended diversified equity fund. This fund will invest 51 per cent of its portfolio in stocks that are ... More

TECHNICAL ANALYSIS

Bear domination
BEARS gained control of Wednesday's trading activity. The sentiment reading of the tradable counters stands bearish. Bull domination on Thursday is likely to change the sentiment reading in their favour. Otherwise, the prevailing bearish ... More

STOCK EXCHANGES

SEBI chief exhorts BSE to regain market share
THE Bombay Stock Exchange (BSE) should aim to increase its market share in securities trading in order to build a competitive stock market in India, the SEBI Chairman, Mr M. Damodaran, said today. "The BSE is losing its market share in terms of ... More

STOCK MARKETS

Satyam ADS priced at $21.5
SATYAM Computer Services Ltd has announced the pricing of its sponsored secondary offering of 1.30 crore American depositary shares (ADSs), representing 2.61 crore equity shares, at $21.50 per ADS. The maximum size of the offering stands at ... More

Sujana Industries: A long-term bet?
GOING by the Street talk, the Sujana Industries stock could be a market favourite down the road. According to market sources, the company has been able to reduce its interest cost by half. The official confirmation to this effect, however, is ... More

COMMENTARY

Banking, oil, steel stocks lead market decline
THE markets ended in negative territory for second day in a row. They moved in line with the Asian markets, which also closed in the red. Rising crude prices and global weakness in steel stocks kept the sentiment subdued. The Sensex reached a ... More

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