Business Daily from THE HINDU group of publications
Thursday, August 02, 2007
ePaper
Markets (August 1)
BSE Sensex14935.77 (-615.22)
S&P CNX Nifty4345.85 (-183)
US Dollar (Buy/Sell)40.51 (+0.11)


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FINANCIAL SERVICES
Brokerages take preventive step to ward off margin call threat
‘NSE pay-in tomorrow at 9.30 am would be crucial’ More

NEW FUND OFFER
HSBC launches Dynamic Fund
Mumbai, Aug. 1 HSBC Investments has launched HSBC Dynamic Fund (HDF) on Wednesday. The fund aims to normally invest in equity but has the flexibility to move 100 per cent of its assets into money market instruments, fixed income ... More

INSIGHT
Earnings of Sensex cos grow 35% in June quarter
Manufacturing biggies reap benefits of strong rupee More

STOCKS
West Coast Paper: One more price hike
In line with the prevailing market mood on Wednesday, the West Coast Paper counter, a component of the BSE Small Cap Index, declined by over five per cent to close at Rs 426.50. But it did not see a sell-off as investors appeared to be unwilling ... More

TECHNICAL ANALYSIS
Bear domination
Wednesday’s trading activity witnessed a bear domination. The sentiment reading of the tradable counters changed to bearish. Bull move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

STOCK MARKETS
Sensex down 600 pts on global worries
Spectre of defaults in US housing loans shakes bourses More

Is the retail investor always on the losing side?
Chennai, Aug. 1 Every time the market crashes we are told that it is a case of panic selling by the FIIs.But what is perhaps not being said is that it is the retail investor, along with the domestic public financial institutions, who ... More

Index funds hit by shaky markets
Diversified equity funds perform better More

FOREIGN INSTITUTIONAL INVESTORS
West Coast Paper plans equities placement to overseas investors
Kolkata, Aug. 1 The West Coast Paper Mills Ltd has planned private placement of equities to a few overseas investors. Mr S.K. Banur, CMD, told Business Line that the placement was likely to be made some time in October. Through ... More

IPOS
Everonn lists at 75% premium
Mumbai, Aug. 1 The stock of Everonn Systems got listed at a 75 per cent premium on the NSE, at Rs 245 against its issue price of Rs 140. The stock soared to an intra-day high of Rs 567, before closing at Rs 477.35.The stock listed at ... More






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