The Hindu Business Line : Wednesday, November 24, 2004

Bulls prevail
BULLS gained control of Tuesday trading activity. However, their dominance led only to the extent of reducing the bear count. The sentiment reading of the tradable counters stands neutral. Further bull pressure on Wednesday is likely to change ... More

STOCK MARKETS

Reliance stocks close in the red — Sensex tests 6,000 level again
SHARES of Reliance group companies, which recovered at the end of the day yesterday, showed continued volatility on Tuesday. The scrips of all four Reliance companies closed in the red today. Three of them, except Reliance Energy, opened ... More

Promoters buying lifts scrip
ENGINEERING company ABG Heavy Industries stock was again in the limelight on Tuesday. Dealers said the interest in the stock came after talk of promoters of the company buying shares from the market. The company has been reportedly doing well ... More

DERIVATIVES MARKETS

HPCL: Outlook positive, buy December futures
THE following strategies are based on Tuesday's trading in the spot and the derivatives segment on the NSE: HPCL: The stock closed at Rs 342 in the spot market. The outlook appears positive. The upside price target is Rs 351. The target ... More

ASSET MANAGEMENT COMPANIES

Cholamandalam AMC mulls dividend yield scheme
Cholamandalam AMC Ltd has filed an offer document for launching its Dividend Yield Fund with Securities and Exchange Board of India. Birla Sun Life AMC was the first fund house to launch such a scheme. Recently, Principal PNB AMC and Tata ... More

COMMENTARY

Heavyweights prop up Sensex
SUSTAINED buying interest in Sensex heavyweights helped the BSE Sensex record smart gains of 46.06 points (or 0.77 per cent) to close the day at 6,009.86 points. Following the clarification issued by Mr Mukesh Ambani on the ownership issue ... More

IPOS

Bharati Shipyard IPO opens on Dec 2 — Price band fixed at Rs 55-66
BHARATI Shipyard Ltd, one of India's leading shipyards in the private sector, is entering the capital market on December 2 with an IPO of 1.25 crore equity shares of face value Rs 10 each at a price band of Rs 55 to Rs 66 per share through 100 ... More

ECONOMIC OFFENCES

Biyani gets bail in CSE scam case
A DIVISION bench of the Calcutta High Court, comprising Mt Justice N.A. Choudhury and Mr Justice Alok Kumar Basu, today granted bail to Mr Alok Biyani, who was the 20th accused in the Rs 120-crore Calcutta Stock Exchange (CSE) scam. The Court ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Mid-term Credit Policy Review for 2004-05

Foreign Trade Policy 2004-09

Pick a Winner Stock Market Contest

ACC to invest Rs 370 cr to expand capacity

Matrix Labs firms up profit sharing pact with US firms

Ministry amends Drugs Act to monitor clinical studies

Virtual pvt network services — ISPs seek review of entry, licence fee

Turner channels put on good show

Space shortage in mother vessels hits Indian shippers

Kulhads, khadi and kambals in Railways

In Focus

Gold scaling new highs