Business Daily from THE HINDU group of publications
Tuesday, December 18, 2007
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Commodities (Dec 17)
Gold (per gram) Rs946
Silver (per gram) Rs19.70
Brent crude (per bbl) Rs3,649
Markets (Dec. 17)
BSE Sensex19261.35 (-769.48)
S&P CNX Nifty5777.00 (-270.70)
US Dollar39.55


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Stocks nosedive on US inflation concerns, weak Asian trend
Selling pressure shaves off 769 points in second biggest fall for Sensex More

Upcoming US reports may add to market turbulence
Expiry of December contracts in F&O is also crucial More

Oil India files IPO papers
Mumbai, Dec. 17 Government-owned Oil India Ltd, the country’s second largest oil and gas company as measured by total proved and probable oil and natural gas reserves and production, has filed its papers with SEBI for an initial public ... More

Moser Baer, Titan Energy, Videocon apply for units under fab policy
Combined investment value put at Rs 20,000 cr More

Global bidders quote high rates as wheat flares up
More

Bajaj workers keep their cool with yoga
STALEMATE CONTINUES More

Delay in mineral policy holding back global steel investments
Apprehensions on iron ore block allocation, mining lobbies More

Mid-cap cos opt for overseas borrowing to fund foreign buys
34 corporates sponge about $2.2 b from foreign lending institutions More

No major power project likely in TN before 2011-12
State may face 30% shortage in peak demand, 15% in energy availability More

Tremors in financial markets: A problem of plenty
More

Nasscom for extending tax sops beyond 2009
Continuation of STP scheme will help India sustain BPO sector growth, it says More

Coming soon at ATMs: Passbook updating facility
NCR Corp says it has received enquiries from public sector banks More

India overtakes Germany in almond imports from US
Strong rupee, increased consumption help boost imports More

Today's Pick: Glaxo Pharma (Rs 1063.40)
We recommend a buy in GlaxoSmithKline Pharmaceuticals. It is clearly evident from the weekly chart of GlaxoSmithKline Pharmaceuticals that it had been on an intermediate-term downtrend from June high of Rs 1,340 to November low of Rs 935. ... More

Nifty futures witness sharp fall
Jindal Steel, RNRL biggest losers More

Metal stocks get mauled on profit booking
The BSE Metal index was the biggest loser More

Day trading guide
The stock has breached the 21-day moving average line in the last session. Fresh sell position should be initiated if the stock falls below Rs 1,148.Infosys Near-term outlook for the stock is bearish. Sell the ... More

Geodesic escapes slaughter
Geodesic Information Systems, a component of the BSE-500 and BSE Midcap, fared better than the indices, which reeled under selling onslaught on Monday. According to market sources, expectations of a significantly higher revenue and earnings ... More

IMPACT
Repeat orders buoy ABG Shipyard
Co has 12 orders for limited number of customers More

MIT-returned techie designs heating/cooling jacket
Files for US patent; US, Indian Army show keen interest More


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