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  • FOREIGN FUNDS NET SELL RS.463.89 CR IN EQUITIES ON NOVEMBER 20 (PROV)
  • MUTUAL FUNDS NET SELL RS.176.7 CR IN EQUITIES ON NOVEMBER 19
  • DII'S NET BUY RS.18.46 CR IN EQUITIES ON NOVEMBER 20 (PROV)
  • TO ENTER INTO CUSTOMIZED MOTOR CYCLE BIZ VIA PRO-BIKING SHOWROOMS
  • TO EXPAND PANTNAGAR CAPACITY TO 70,000 UNITS IN NEXT FEW MONTHS
  • AKER IS A NORWEGIAN SERVICE PROVIDER CO FOR OIL AND GAS OPERATIONS
  • AKER SOLUTIONS TO PROVIDE SUPPORT SERVICES IN KG BASIN
  • AKER BAGGED SUB SEA PRODUCTION ORDER FROM RIL IN 2006 ALSO
  • RELIANCE IND PLACES RS.115 CR ORDER WITH NORWAY'S AKER SOLUTIONS
  • PORTING CHARGES TO BECOME APPLICABLE FROM DECEMBER 31, 2009
  • MNP ALLOWS USERS TO CHANGE OPERATORS WHILE RETAINING MOBILE NOS
  • USERS TO PAY MAX OF RS.19 TO CHANGE OPERATOR WHILE RETAINING OLD NUMBER
  • TRAI COMES OUT WITH NUMBER PORTABILITY CHARGES
  • PUNJAB NATIONAL BANK PLANS TO RAISE RS 700 CR BY SELLING BONDS
  • TATA TELE-QUIPPO OFFERING BETTER SERVICING DEAL FOR TOWERS: SOURCES
  • GTL BID 10-15% HIGHER THAN TATA-QUIPPO: SOURCES
  • DEAL VALUED AT AROUND RS.6000 CR : SOURCES
  • GTL FRONTRUNNER IN RACE FOR AIRCEL'S TOWER BIZ: SOURCES
  • UNDERWEIGHT ON THE TELECOM SPACE; BULLISH ON I.T., BANKING STOCKS
  • PROMOTERS PLEDGE 1.8% ADDL STAKE; TOTAL PLEDGED SHARES AT 28.28%: NW
  • RUPEE CLOSES AT 46.62/$ VS 46.68/$ ON NOVEMBER 19
  • LONG ONLY HEDGE FUNDS LIKELY TO RAISE EQUITY EXPOSURE IN COMING MONTHS
  • SUGAR MILLS TO PAY FRP, SAP DIFFERENCE
  • CONSENSUS DECISION OF THE UPA GOVT TO SCRAP CLAUSE 3B FROM THE SUGAR POLICY
  • PROMOTERS PLEDGE 1.8% ADDL STAKE TOTAL PLEDGED SHARES AT 28.28%: NW
  • MAY JOIN RACE FOR SHELL'S EUROPEAN REFINERIES: SOURCES
  • INDEX GAINERS: SUZLON UP 9.3%, TATA STEEL UP 6.3%, SAIL UP 5.3%
  • METAL INDEX UP 3.7%, AUTO INDEX UP 2.3%, FMCG UP 1.5%
  • CNX MIDCAP INDEX UP 1%, BSE SMALLCAP INDEX UP 1.6%
  • SENSEX, NIFTY UP 1% EACH FOR THE WEEK
Updated:25/01/2008 | 05:59 PM IST
Columns
Weekly outlook: Stocks, gold, crude
The Nifty looks strong on daily and weekly charts. The momentum indicators are very positive. The index convincingly traded above its strong support of 4,900 throughout last week.
Stick to momentum counters
Till the time the markets give some clarity on sectors and individual stocks it would be better for investors to stick to momentum plays. For the week, supports should be watched at 15,926 – 15,564 for the Sensex and 4,610 – 4,567 for the Nifty.
Auto Expo 2008 or Tata Expo 2008?
Auto Expo 2008 attracted many visitors just to see the Nano. But even without that car, this expo belonged to Tata Motors and its alliance partner Fiat only added to the glitz.
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Special
Mukesh Ambani richest Indian in Forbes list
With a staggering wealth of 32 billion dollars (about Rs 1.5 lakh crore), industrialist Mukesh Ambani is the richest Indian, followed by steel tycoon Lakshmi Mittal and Anil Ambani, business magazine Forbes said today in its annual rich list for the country.
Interviews
There are a lot of mid caps which have pretty high quality earnings and management. The space seems to be ready for its next leg upwards and this is where money is to be made incrementally.
The corrections in markets are part of global phenomena in which risk assets are sort of taking a breather. Currency movements are dictating the short-term movement in asset prices.
Some structural defects have been created in creating overcapacity in the industry and that will definitely hurt the industry in the short to medium term.
There are signs of economic recovery and indicators suggest a V-shaped recovery (meaning a vigorous recovery). It will be not wise to think that everything is bad in the US macro economy.
After re-focussing the bank's attention and getting into new lines of business like private equity, IDBI is now looking to rationalize its existing subsidiaries specially IDBI Capital and IDBI Home Finance.