Business Daily from THE HINDU group of publications
Saturday, February 03, 2007
ePaper
Markets (Feb 2)
BSE Sensex14403.77 (+136.59)
S&P CNX Nifty4183.50(+46.30)
US Dollar (Buy/Sell)44.14


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MARKETS

FINANCIAL SERVICES
DSP Merrill Lynch launches `Trust Services'
Will enable individuals or married couples to structure their wealth More

MUTUAL FUNDS
Reliance MF displaces UTI as largest fund house
Its assets under management at Rs 39,019 cr as of end-Jan More

Fidelity Mutual seeks nod for global use of feeder funds
Wants overhaul of norms for overseas investment More

STOCKS
RCom crosses Rs 1 lakh-cr market cap
Reliance Communications has crossed the Rs 1 lakh crore market-cap today in eleven months after listing on the bourses. ONGC has the largest market value at Rs 1,94,000 crore followed by Reliance Industries, TCS, Infosys, NTPC and Bharti ... More

Network 18 Fincap lists at Rs 300 on BSE
The scrip of Network 18 Fincap got listed at Rs 300 on the BSE following its de-merger from TV18. The stock made significant gains at Rs 394 before settling at Rs 366.75. On the NSE, the stock opened at Rs 312.10, touched an intra-day high at ... More

TECHNICAL ANALYSIS
Bulls prevail
Bulls prevailed over Friday's trading activity. The sentiment reading of the tradable counters changed to bullish. Bear move on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish sentiment is ... More

COMMENTARY
Buoyant mood takes indices to another high
Taking the positive cues from global peers, markets opened in green. During the mid session, markets gained a further momentum to touch an intra-day high, but profit booking at higher levels in the last hour of the trading, pulled the Sensex ... More

IPOS
C&C Constructions plans IPO with a price band of Rs 270-291
C & C Constructions Ltd, an infrastructure company, proposes to enter the capital market with a public issue of 4,269,451 equity shares of Rs10 each through a 100 per cent book building process. The price band has been fixed at Rs 270 to Rs ... More

Firstsource IPO subscribed by 47.46 times
Transwarranty Finance 1.45 times More

Asahi Songwon to invest Rs 52 cr in expansion
Plans IPO this year More

Jagjanani Textiles to tap capital market
Jagjanani Textiles Ltd will be entering the capital market with a public issue of 81 lakh equity shares of Rs 10 each at a price of Rs 25 per equity share aggregating Rs 20.25 crore. The public issue opens on February 15 and closes on February ... More

VENTURE CAPITAL
Bellwether Microfinance Fund gets $2.4-m Dutch investment
Bellwether Microfinance Fund, the country's first microfinance venture capital fund, has received an investment of $2.4 million from the Dutch financial major FMO. Post this investment, FMO would have 18.6 per cent holding of the total paid-up ... More






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