Markets:
Midcaps rule the roost
Mumbai: The
BSE Sensex, registered losses third day in a row, falling
by 36.85 points (0.72 per cent) to close at 5103. The
S&P CNX Nifty fell by 9 points (0.56 per cent) to
1598.2 points.
Market Gainers
Reliance
Industries, ONGC, ACC, Gujarat Ambuja Cements, Grasim
Industries, Prism Cement, Mysore Cements, Shree Digvijay
Cement, Kakatiya Cement, India Cement, Madras Cements,
Orchid Chemicals, Unichem Labs, Neuland Labs, Alembic,
Suven Life Sciences, Mahavir Spinning, Madhucon Projects,
Birla Corp, Vardhman Spinning, KSB Pumps
Market Losers
Hindustan
Lever, Bharti Tele, MTNL, Tata Motors, Mahindra &
Mahindra, Maruti Udyog, Escorts, Hero Honda, Bajaj Auto,
Jain Irrigation, Apollo Tyres, iGate Global, Ballarpur
Industries
Market Counters
BSE 30
Figures
in Rupees
Gain (+) / Loss (-)
ACC
|
262.50
|
+6.15
|
Bajaj
Auto
|
864.50
|
-6.95
|
Bharti
Televentures
|
150.60
|
-7.90
|
BHEL
|
562.30
|
-0.40
|
Cipla
|
243.65
|
-0.40
|
Dr.
Reddys Laboratories
|
740.50
|
-21.45
|
Grasim
Industries
|
1,035.90
|
+28.65
|
Gujarat
Ambuja
|
307.55
|
+11.65
|
HDFC
|
561.80
|
-8.75
|
HDFC
Bank
|
364.10
|
-6.90
|
Hero
Honda Motors
|
440.65
|
-3.70
|
Hindalco
Industries Limited
|
1,097.70
|
+6.70
|
Hindustan
Petroleum Corp
|
309.65
|
+1.45
|
HLL
|
110.50
|
-3.65
|
ICICI
Bank
|
274.95
|
-2.00
|
Infosys
Technologies
|
1,480.00
|
-19.50
|
ITC
|
1,018.75
|
-23.70
|
Larsen
& Toubro Limited
|
792.80
|
+26.25
|
Maruti
Udyog
|
387.25
|
-6.45
|
MTNL
|
124.10
|
-4.75
|
ONGC
|
691.05
|
+14.35
|
Ranbaxy
Labs
|
959.35
|
-17.95
|
Reliance
Energy
|
587.70
|
-0.45
|
Reliance
Industries
|
476.80
|
+1.45
|
Satyam
Computer Services
|
334.20
|
-2.95
|
State
Bank Of India
|
445.70
|
+3.65
|
Tata
Motors
|
400.80
|
-8.35
|
Tata
Power
|
267.45
|
+1.55
|
TISCO
|
255.75
|
-2.20
|
Wipro
|
534.05
|
-9.75
|
Zee
Telefilms
|
131.40
|
-1.15
|
Others
ITC Hotels up 20 per cent at Rs.162.
ITC down 2.3 per cent at Rs.1018.75.
KEC International up 5.7 per cent at Rs.90.3
Zandu Pharma up by 2.5 per cent at Rs.3, 190.55
Mid-Day Multimedia down by 2.5 per cent at Rs.31.15.
Back
to News Review index page
ING
Vysya to launch Medium Term Income Fund
Mumbai: ING Vysya Investment Management (India)
is launching the ING Vysya Medium Term Income fund, according
to the offer document filed with Securities and Exchange
Board of India. The primary objective of the scheme is
to generate income by investing in fixed income securities
of medium term maturity and money market instruments of
varying maturity dates with a view to maximise income
while maintaining the optimum balance of yield, safety
and liquidity. The asset allocation of the fund would
be 70-100 per cent in debt instruments and 0-30 per cent
in cash and money market instruments.
The performance of the fund would be benchmarked against
the Crisil Composite Bond Fund Index, according to the
offer document. The fund is available in growth and dividend
options. The scheme targets Rs.10 lakh to be raised during
the initial public offerings, which open on September
20, according to the document.
Back
to News Review index page
NIIT
to start trading from Aug 16
New Delhi: IT training company NIIT Ltd shares
would start trading on the Bombay Stock Exchange and National
Stock Exchange from August 16.
NIIT shares had gone off the trading list of stock exchanges
in the second week of July to facilitate credit of new
shares of NIIT and NIIT Technologies Ltd. This followed
the spin-off of NIIT's global software solutions business
into NIIT Technologies Ltd.
The capital has been structured in a manner that in lieu
of 100 shares of Rs.10 each held by the shareholders of
NIIT Ltd, the holders receive 50 shares of the demerged
NIIT Ltd and 75 shares of NIIT Technologies Ltd, both
of the face value of Rs.10 each. The process of listing
of NIIT Technologies Ltd shares is likely to be completed
in the next few weeks.
Back
to News Review index page
|