Business Daily from THE HINDU group of publications
Wednesday, September 26, 2007
ePaper
Markets (Sept 25)
BSE Sensex16889.54 (+53.71)
S&P CNX Nifty4938.85 (+6.65)
US Dollar39.82 (-0.05)


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MARKETS

ANNOUNCEMENTS
Corporate Developments
Gayatri Projects has secured new order valued at Rs 154.01 crore relating to the East-West Corridor project in Uttar Pradesh. The current order book strength of the company is Rs 3,450 crore.Great Eastern ... More

MUTUAL FUNDS
RBI allows cos, mutual funds to invest more overseas
Easing the pressure of inflows; ECB prepayment limit hiked More

STOCKS
Hind Unilever’s buyback plan to begin on Oct 3
Maximum price fixed at Rs 230/share More

US ruling lands Indian drug makers in a soup
Pfizer will be eligible for full damages if it wins More

JP Hydro shoots up 27%
Owing to ‘undervalued stocks’ picking by FIIs, HNIs More

BPCL witnesses wild swings intra-day
Co denies major discovery in Assam block More

TECHNICAL ANALYSIS
Volatile movement
Tuesday’s market witnessed volatile movement. The sentiment reading of the tradable counters remains bullish. Bear move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, prevailing bullish ... More

STOCK MARKETS
Gangotri Iron & Steel: Solid gains
Gangotri Iron & Steel, which is expanding capacity through new TMT bar and wire rod plants located near Patna, has been moving up strongly in the recent weeks on positive developments related to its fundamentals.According to market ... More

DERIVATIVES MARKETS
Total turnover hits Rs 1-lakh cr
Healthy rollovers in refinery stocks More

FOREIGN INSTITUTIONAL INVESTORS
Overseas investors fuel Sensex surge
Pump in over Rs 13,000 cr in 4 days More

RECOMMENDATION
Day Trading Guide
The stock is halting below the resistance at Rs 1,010. A buy is recommended only when the stock penetrates this level.Infosys Infosys is hovering above the key support at Rs 1,750. Buy close to this support ... More

Today's Pick: Alembic (Rs 85)
We recommend a buy in Alembic Ltd at current price level. It is evident from the weekly chart of Alembic that it has been moving sideways in a broad range between Rs 50 and Rs 85 since early 2006. But the trend in the stock has been up since ... More






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