Business Daily from THE HINDU group of publications
Sunday, May 04, 2008
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Commodities (May 3)
Gold (per gram) Rs1,052
Silver (per gram) Rs23.90
Brent crude (per bbl) Rs4,654
Markets (May 2)
BSE Sensex17600.12 (+312.81)
S&P CNX Nifty5228.20 (+62.30)
US Dollar40.68 (+0.13)


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M&M makes pref offer to Goldman Sachs arm to raise Rs 700 cr
On conversion stake will be 3.68% More

IPO mop-up plummets in April
More

Corporate India’s profit growth decelerates sharply in Q4
But core business and not ‘other income’ drives earnings More

Edible oils offer some relief as inflation dogs consumers
GIVING THE SLIP More

Guntur chilli market yard gutted, loss estimated at Rs 55 cr
AP Govt to decide on compensation package after insurance payment More

SEBI to conclude talks for SME exchange by May-end
In consultation with different segments of the market More

Titan Industries: Buy
Investors can buy the stock of Titan Industries (Titan) with a two- to three-year perspective. At the current market price, the stock trades at about 27 times its likely FY09 per-share earnings, well below its historical range. The valuation ... More

Business confidence index slips by 3.4%: NCAER survey
Financial market volatility, inflationary pressures lead to the fall More

Index Outlook
The Indian equity market, in its present all-forgiving mood, took the 25 bps hike in the cash reserve ratio in its stride, choosing to rejoice at the largesse doled out to IT companies instead. Sensex clung to the gains made in the preceding ... More

ABB: Buy
More

New venue for investors
Real estate mutual funds (REMFs) hold promise as a viable option for retail investors to participate in real estate as an asset class. While this could be a challenge to the mutual fund industry to manage a different asset class, the scheme ... More

Hero Honda: Hold
More

AIA Engineering: Buy
More

DSPML Balanced Fund: Invest
Investors with a conservative risk profile may find balanced funds, which invest in a mix of debt and equity, a suitable investment option at this juncture. These offer investors the opportunity to earn equity-linked returns, while reducing ... More

HDFC Top 200: Invest
Investments can be considered in the units of HDFC Top 200 Fund, considering its good long-term track record and ability to contain losses better than its benchmark in market downturns.Suitability and Performance: The ... More

No, for now, to a new house
More

Weekly News Round-up (Latest Audio: English)
Three upcoming PSU refineries, units coming under the STPI scheme and 100 per cent export-oriented units were some of the beneficiaries of the amendments moved by the Finance Minister, Mr P. Chidambaram, to the Finance Bill 2008 in the Lok ... More


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