The Hindu Business Line : Tuesday, June 21, 2005

StanChart MF launches maiden equity scheme
STANDARD Chartered Mutual Fund today announced its entry into equity fund mutual business with its maiden fund `Standard Chartered Classic Equity Fund'. Till now the fund had debt schemes where it managed assets over Rs 8,000 crore. A ... More

STOCKS

Select players see `long-term' opportunity in Tata Motors
THE Tata Motors counter is a target of cautiously optimistic long-term investment strategy of some market players as it consolidates at a relatively lower level. The stock today touched a session's high at Rs 427, but finished at Rs 414, down by ... More

BILT launches $60-m FCCB issue
BALLARPUR Industries Ltd (BILT) said today that it has launched a $60-million foreign currency convertible bond offering. The bonds are expected to be listed on the Singapore Stock Exchange and bondholders have an option of converting them to ... More

Indo Asian shares to be re-listed on BSE
INDO Asian Fusegear Ltd said on Monday that the equity shares of the merged entity, which has been formed by merging Indo Asian with Indo Kopp Ltd — are to be re-listed on the BSE. It said in a statement that an application has been ... More

TECHNICAL ANALYSIS

Bull domination
The sentiment reading of the tradable counters stands bullish. Bear domination on Tuesday is likely to reduce the bull count by a considerable margin thereby resulting in change in the sentiment reading. Otherwise, the prevailing bullish ... More

STOCK EXCHANGES

CSE suspends some stocks
THE CALCUTTA Stock Exchange (CSE) has decided to suspend a clutch of stocks from trading and shift them to Z category. The companies concerned have been booked for violating a listing agreement, including the non-payment of listing fees. The ... More

STOCK MARKETS

Sensex scales 7,000, retreats
THE Bombay Stock Exchange's Sensex moved up to another historic high going past the 7,000 point mark, buoyed by the settlement of the ownership dispute between the Ambani brothers, arrival of monsoon in Mumbai and a hike in petroleum ... More

Gains on mistaken identity
THE stock market was upbeat on Reliance group stocks so much so that it went on a rampage on all the stocks that name starts as Reliance. In a case of a mistaken identity, shares of Reliance Chemotex Industries made major gains. Market ... More

DERIVATIVES MARKETS

Intra-day longs may pay off in Tata Motors, NDTV
THE following strategies are based on Monday's trading in the derivatives segment on the NSE. These strategies are constructed to take advantage of small reversal in futures prices. The positions may run counter to the primary trend. ... More

REGULATORY BODIES & RULINGS

Damodaran calls on Chidambaram
THE Securities and Exchange Board of India (SEBI) Chairman, Mr M. Damodaran, today called on the Finance Minister, Mr P. Chidambaram, at his office in North Block. The capital market regulator described his nearly hour-long meeting with the ... More

COMMENTARY

Reliance Energy steals the limelight; bank stocks weak
IT was a day of records in the market, with the Sensex closing at an all time high of 6984.5, up by 78 points. The previous high (closing) being 6915.5 on March 8. The market responded positively to the settlement of ownership feud in the ... More

Stock Quotes
SE Diary

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Pick a Winner Stock Market Contest

Govt may seek GDR end-use details from Morepen

Petro subsidies: Flawed basis

Use of disinvestment proceeds — Throwing good money after bad?

Settlement to benefit shareholders: Kampani

IOB chief raises growth target

Singapore-India pact: A `win-win' settlement

IDFC proposal among FDI worth Rs 484 cr cleared

In Focus

BHEL Disinvestment