Business Daily from THE HINDU group of publications
Tuesday, May 13, 2008
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Markets (May 12)
BSE Sensex16860.90 (+123.83)
S&P CNX Nifty5012.65 (+30.05)
US Dollar42.09 (+0.48)


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MARKETS

ANNOUNCEMENTS
Corporate developments
Coimbatore, May 12 Bharat Forge Ltd’s Board of Directors on May 20 will review its earlier decision of issue of convertible warrants to the promoters group of up to Rs 300 crore and will also consider alternative ... More

FINANCIAL SERVICES
Joining the bandwagon
More

STOCKS
BSE Mid-cap, Small-cap stocks end in red
Surging inflation, crude oil prices cause concern More

Shipping stocks remain firm despite banning of chartering of vessels
Industry experts see DGH move may not be feasible More

STOCK MARKETS
IMPACT
IIP numbers resurrect concerns for India Inc
CII-ASCON survey also suggests moderation in growth More

DERIVATIVES MARKETS
Cairn India adds 42% in open interest positions
Nifty 4800 June put turns active More

FOREIGN INSTITUTIONAL INVESTORS
Trikona Trinity to divest part of its portfolio
Mumbai, May 12 LSE listed Trikona Trinity Capital, a fund created for investing in Indian real estate and infrastructure, said it has entered into a binding agreement to divest a part of its portfolio and co-invest in new projects with ... More

RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
CESC (Rs 489.55): Buy
We recommend a buy in CESC from a short-term perspective. The charts of CESC show that it has been on a medium-term up trend form its March 2008 low of Rs 360 level. The stock conclusively penetrated the medium-term down trendline (that ... More

Day Trading Guide
Fresh long position can be initiated only if the stock moves above Rs 1,800 level, with stiff stop-loss. L&TOn Monday, the stock opened with a downward gap and closed the gap by rallying. Our near-term ... More






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
‘IT exports to touch $80 b in three years’

Veeda Oncology close to buying US clinical research unit

Graphite India to add 10,500 t at Durgapur plant

Talks on with cement producers to cut prices: Chidambaram

Food for thought — and action

Financial inclusion to overcome exclusions

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Looking back
May. 4-May. 10
Again a week of gains?

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FIPB likely to advise I-Sec to exercise ‘automatic route’

Max New York rules out sectoral funds as investment option for now

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