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Markets: Mid-cap engineering stocks rule the day
Mumbai: while the Sensex ended flat at 5298 points the Nifty closed at 1649 points, with a loss of 0.44 per cent for the day.

Market Gainers
Crompton Greaves, Cummins India, Atlas Copco, Havell's India, Greaves Cotton, Blue Star, Blue Star Infotech, Madras Cements, Monsanto, MRF, Rain Calcining, Corporation Bank, Kotak Mahindra Bank, Lumax Industries, Kothari Products, Coromandel Fertilisers, Herdillia Chemicals, Jindal Photofilms, FourSoft, SPIC, Nirma, Hindustan Lever, Zuari Agro

Market Losers
Vardhaman Spinning, Mahavir Spinning, Zee Telefilms, Micro Inks, United Phosphorus, Aban Loyd Chiles, 3M India, Alfa Laval, Praj Industries, Bank of Baroda, Punjab National Bank, Oriental Bank of Commerce, Bank of India, Vijaya Bank, Andhra Bank, Union Bank of India, Pfizer, Aventis, Nicholas Piramal, Matrix Labs, Snowcem, Suven Pharmaceuticals, Bharti Tele-Ventures, Great Eastern Shipping, Jagsonpal Pharma, Birla Corp, Motherson Sumi Systems, Elgi Tyres, Venky's India, Carborundum Universal

Market Counters
BSE 30
Figures in Rupees
Gain (+) / Loss (-)
ACC 270.85 -0.15
Bajaj Auto 912.00 -4.15
Bharti Televentures 132.75 -3.75
BHEL 561.95 -10.35
Cipla 248.90 -0.50
Dr. Reddys Laboratories 715.15 -3.20
Grasim Industries 1,160.95 +4.70
Gujarat Ambuja 336.75 +2.75
HDFC 590.35 +0.75
HDFC Bank 382.00 -12.20
Hero Honda Motors 441.90 -8.45
Hindalco Industries Limited 1,186.40 -4.70
Hindustan Petroleum Corp 311.20 -2.30
HLL 118.65 +2.60
ICICI Bank 267.35 +2.15
Infosys Technologies 1,621.95 -2.50
ITC 1,080.05 +37.30
Larsen & Toubro Limited 792.80 0.00
Maruti Udyog 385.30 -6.85
MTNL 118.90 -1.60
ONGC 693.75 -10.70
Ranbaxy Labs 998.70 +13.10
Reliance Energy 634.20 +3.15
Reliance Industries 485.85 +3.35
Satyam Computer Services 360.80 -2.90
State Bank Of India 462.75 -2.75
Tata Motors 394.75 -4.25
Tata Power 283.75 -2.80
TISCO 256.80 -1.65
Wipro 589.75 -0.50
Zee Telefilms 151.15 -8.25

Others
Godavari Fertilisers up 7.91 per cent at Rs.50.50
Coromandel Fertilisers up 8.55 per cent at Rs.144.15
Gujarat State Fertiliser firm at Rs.73.25
Tata Teleservices Maharashtra Ltd down 3.11 per cent at Rs.8.70
Teledata Informatics Ltd up 9.97 per cent at Rs.43.55
Hindustan Construction Co Ltd. (HCC) down 5.33 per cent at Rs.195.35
Nagarjuna Construction Co's down 3.86 per cent at Rs.234.10
Era Construction up 4.91 per cent at Rs.101.50
Geojit Securitites down 1.33 per cent at Rs.92.5
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SEBI seeks public comments on EDIFAR upgradation
Mumbai: The Securities and Exchange Board of India (SEBI) is upgrading the Electronic Data Information Filing And Retrieval (EDIFAR) system, and has sought public comments and suggestions for the Web site.

The Web site has been set up by SEBI to enable listed companies to file their periodic disclosure reports electronically. These are currently being filed in the physical form with the stock exchanges (SEs).

EDIFAR is being implemented in a phased manner. All listed companies are required to file disclosure statements and other informations with the SEs where they are listed. The SEs disseminate this information through trading terminals, Web site etc.

Financial statements including cash flow statements and quarterly financial statements of 2,545 companies are now being filed through EDIFAR. These companies also file corporate governance reports, shareholding pattern statements and any action taken against a company by any regulatory agency with EDIFAR.
"These companies also continue to file this information in the physical form with the SEs. Gradually the physical filling will be discontinued and both the number of companies as well as the disclosure statements will be expanded to cover all the actively traded companies for all the disclosure statements. All physical filing would then be discontinued," said the SEBI Web site.
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SEBI debars Viram Investments, Amal Parikh and Uday Shah
Mumbai: The Securities and Exchange Board of India has directed Viram Investments Private Ltd (VIPL), Amal Parikh and Uday Shah to disassociate themselves from the securities market and not to deal in securities for six months.

The entities have been debarred under the prohibition of fraudulent and unfair trade practices regulations in their dealing with the scrip of Intellivision Software Ltd.

The order observed that facts of the case leads one to believe that the trades by these parties were non-genuine and were meant to serve purposes other than that of ordinary trading in the market.
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Jhunjhunwala picks Rs.7 crore stake in Geojit Securities
Mumbai: The Mumbai-based proprietary trader Rakesh Jhunjhunwala has acquired a 13-per cent stake in the Kochi-based Geojit Financial Services company.

C.J. George, Managing Director, Geojit Financial Services, confirmed that Jhunjhunwala had come on board as a financial investor. The company today issued 9,00,000 equity shares to Jhunjhunwala and 1,00,000 shares to Rekha Jhunjhunwala at Rs.70 per share. Thus, Jhunjhunwala's investment in the company amounts to Rs.7 crore.

Geojit has a customer base of two lakh. It is the only licensed broking business entity in the West Asia from India. Geojit's board also allotted 1,00,000 shares to Pankaj Talwar at Rs.70 per share. It has also decided to issue 1,00,000 shares to Sheikh Sultan Bin Saud Al Qasimi, Director of the company, and Chairman of Barjeel Securities, a joint venture between the Indian and the West Asia firm.
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domain-B : Indian business : News Review : 10 September 2004 : markets