Sensex recovers on fresh buying
Mumbai: The Sensex closed at 5233, up 36 points on Monday. In the broader markets, the Nifty stayed above the 1640 levels to end at 1642, up 9 points.

Market Gainers
Infosys Technologies, ICICI Bank, Ranbaxy Laboratories, State Bank of India, Tata Motors, HDFC Bank Ltd, Wipro, Hindalco, Bajaj Auto, Bharti TeleVentures, Reliance Energy, BHEL, Hero Honda, Dr Reddy's Laboratories, Cipla, ACC, Gujarat Ambuja Cements, Tata Power, MTNL, Maruti Udyog, HCL Technologies, i-flex Technologies, Hughes Software, e-Serve International, Polaris Lab, Macmillan, MRF Ltd, Ceat, TVS Srichakra, Goodyear

Market Losers
Reliance Industries, ITC, ONGC, HDFC, Satyam Computer, Grasim Industries, HPCL, Zee Telefilms, SAIL, Mangalore Refineries, IDBI, Container Corporation, Chennai Petroleum, National Fertilisers

Market Counters
BSE 30
Figures in Rupees
Gain (+) / Loss (-)
ACC
261.40
+3.95

Bajaj Auto
869.25
+14.70

Bharti Televentures
152.20
+3.20

BHEL
574.75
+19.00

Cipla
244.30
+1.10

Dr. Reddys Laboratories
782.85
+9.75

Grasim Industries
1,035.90
-4.00

Gujarat Ambuja
309.40
+6.00

HDFC
568.40
-2.75

HDFC Bank
369.85
+3.60

Hero Honda Motors
465.55
+13.30

Hindalco Industries Limited
1,101.95
+49.95

Hindustan Petroleum Corp
317.00
-3.75

HLL
116.30
+0.15

ICICI Bank
276.90
+4.35

Infosys Technologies
1,535.05
+8.75

ITC
1,044.25
-1.65

Larsen & Toubro Limited
792.80
+26.25

Maruti Udyog
403.05
+3.35

MTNL
128.95
+1.40

ONGC
713.25
-4.75

Ranbaxy Labs
952.10
+8.05

Reliance Energy
587.05
+8.10

Reliance Industries
492.10
-1.75

Satyam Computer Services
344.00
-0.40

State Bank Of India
457.80
+16.55

Tata Motors
426.15
+1.00

Tata Power
270.70
+7.35

TISCO
403.50
-0.25

Wipro
558.05
+7.25

Zee Telefilms
131.65
-3.20

Others
Numeric Power Systems up 0.54 per cent at Rs.140.85
Hikal up 10 per cent at Rs.308
Hindalco up 4.75 per cent at Rs.1, 101.95
Nalco up 2.12 per cent at Rs 146.95
Sterlite Industries up 7.71 per cent at Rs.539.15
Hindustan Zinc up 2.41 per cent at Rs.95.65
Rain Calcining up 4.26 per cent at Rs.16.16
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SEBI probes 'insider trading' allegation in GTB shares
Mumbai: The SEBI Chairman, G.N. Bajpai, has said that the regulator is investigating the alleged insider trading in Global Trust Bank (GTB) securities before the announcement of moratorium and merger with Oriental Bank of Commerce by the Reserve Bank of India.

The trading volume in GTB shares rose sharply from the middle of June till the time the RBI announced the three-month moratorium on July 24 and later initiated its merger with Oriental Bank of Commerce.

On reports that the Government was seeking clarification from the SEBI on insider trading in GTB, he said that the regulator had not received any written communication from the Government on the issue.
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StanChart MF offers an All Seasons Bond Fund
Mumbai: Standard Chartered Mutual fund has launched a debt asset allocation fund — Standard Chartered All Seasons Bond Fund. The fund is an open-ended fund of funds scheme. The fund's retail plan specifies a minimum investment of Rs.500, and the institutional plan requires a minimum investment of Rs 1 crore. The initial public offering of the scheme remains open from August 9 to 27.
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Opportunities from Kotak
Mumbai: Kotak Mahindra Mutual Fund has launched Kotak Opportunities, an open-ended equity growth scheme. The fund is an aggressive scheme with a flexible investment style, where the fund manager will look for opportunities in the market and can invest a high proportion of the portfolio in sectors he feels will outperform others over the short — medium term, according to the asset management company.

The fund is for investors with a long-term investment horizon. The fund would primarily invest in sectors such as IT, pharmaceuticals, banking, cement, infrastructure, auto, engineering etc. The fund carries an entry load of 2.25 per cent and the initial public offer remains open from July 27 - August 25.
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Arvind Mills gets shareholder nod to up FII limit to 49%
Ahmedabad: Arvind Mills Ltd (AML) has received approval from shareholders to increase its FII limit to 49 per cent of the paid-up equity capital of Rs.195.37 crore. The approval to raise the limit from 24 per cent to 49 per cent came at the AGM held at Ahmedabad on August 7.

The company had already reached the FII threshold level as the holding by FIIs stood at 23.94 per cent as on June 30. The company has a market capitalisation of around Rs.1, 560 crore with the scrip trading at Rs.80.
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