Markets:
Recovering lost ground.
International Markets
|
Current
|
Change
|
DJIA-
Dow Jones Industrial Average
|
2088.61
|
-1.39
|
Nasdaq
Composite |
10603.96 |
-18.92 |
National
Markets
NIFTY
|
2015.50
|
+
17.15
|
SENSEX
|
6420.46 |
+
53.07 |
Market
Counters
Figures in Rupees
Gain (+) / Loss (-)
BSE 30
ACC |
350.35 |
+6.75
|
Bajaj
Auto |
1,094.60
|
+23.45
|
Bharti
Televentures |
210.60
|
-0.40
|
BHEL |
737.40
|
-2.0 |
Cipla |
291.60
|
-1.90
|
Dr.
Reddys Laboratories |
810.50
|
+9.85 |
Grasim
Industries |
1,293.90
|
-2.00
|
Gujarat
Ambuja |
426.30
|
+10.25
|
HDFC |
726.85
|
-11.35
|
HDFC
Bank |
489.50
|
+4.15
|
Hero
Honda Motors |
574.15 |
-1.10
|
Hindalco
Industries Limited |
1,323.80 |
-5.05
|
Hindustan
Petroleum Corp |
392.80
|
+0.20
|
HLL |
140.95
|
-0.80
|
ICICI
Bank |
358.75
|
+4.60
|
Infosys
Technologies |
2,050.90
|
+7.75
|
ITC |
1,298.30
|
+21.70
|
Larsen
& Toubro Limited |
972.45
|
+33.35
|
Maruti
Udyog |
439.65
|
+3.05
|
ONGC |
792.35 |
+8.00
|
Ranbaxy
Labs |
1,200.70 |
-6.65
|
Reliance
Energy |
528.05
|
-17.20
|
Reliance
Industries |
540.85
|
+14.90
|
Satyam
Computer Services |
387.30
|
+8.70
|
State
Bank Of India |
615.20
|
+10.60
|
Tata
Motors |
493.25
|
-2.00
|
Tata
Power |
368.90
|
-7.00
|
TISCO |
361.15
|
+5.75
|
Wipro |
699.45
|
+10.05
|
Zee
Telefilms |
162.90
|
-5.90
|
BSE
Gainers -Top Ten
Company
Name |
Current
Price
|
Previous
Close
|
Sujana
Steels Ltd. |
30.51
|
9.30
|
Super
Syntec |
19.30
|
15.15 |
T
& I Global Ltd. |
11.94
|
9.95 |
Asian
Tea Exports Ltd. |
16.50
|
13.75
|
Jasmine
Investment |
48.00
|
40.00
|
Haryana
Leather Chemicals Ltd. |
11.16
|
9.30 |
Mangalam
Timber Products Ltd. |
17.05
|
14.21
|
Allianz
Securities Ltd. |
11.47
|
9.56
|
Nijjer
Agro Foods Ltd. |
10.27
|
8.56
|
Malar
Hospitals Ltd. |
10.70
|
8.92
|
NSE
Gainers - Top Ten
Company
Name |
Current
Price |
Previous
Close |
Mangalam
Timber Products Ltd. |
17.00
|
14.15 |
Petronet
LNG Ltd. |
42.60
|
35.75 |
Morepen
Laboratories Ltd. |
13.45
|
11.35 |
Vintage
Cards & Creations Ltd. |
13.80
|
11.65
|
Shyam
Telecom Ltd. |
95.10
|
80.95
|
Trigyn
Technologies Ltd. |
21.60
|
18.85 |
Visesh
Infosystems Ltd. |
14.90
|
13.25
|
Hi-Tech
Gears Ltd. |
261.35
|
235.00
|
Max
India Ltd. |
293.70
|
265.25
|
Ginni
Filaments Ltd. |
28.85
|
26.15
|
BSE
Losers -Top Ten
Company
Name |
Current
Price |
Previous
Close |
Pressman
Ltd. |
17.42
|
21.77
|
Hagglunds
Denison Ltd. |
100.25
|
125.00 |
Neelamalai
Agro Industries Ltd. |
91.00
|
112.85 |
Gogia
Cap.Com Ltd. |
12.52
|
13.91
|
Belapur
Industries Ltd. |
10.83
|
12.03
|
Mayur
Leather Products Ltd. . |
12.02
|
13.35 |
Alps
Commercial Ltd. |
14.31
|
15.89
|
Indo
Asian Finance Ltd. |
11.97
|
13.28
|
South
India Paper Mills Ltd. |
33.05
|
36.50
|
Surana
Metals & Steels (India) Ltd. |
26.20
|
28.90
|
NSE
Losers -Top Ten
Company
Name |
Current
Price |
Previous
Close |
Pressman
Ltd. |
24.20
|
30.25
|
Khaitan
(India) Ltd. |
11.30
|
11.90 |
Core
Healthcare Ltd. |
23.85
|
25.10 |
Oudh
Sugar Mills Ltd. |
141.70
|
149.05
|
Morepen
Hotels Ltd |
25.80
|
27.10
|
South
India Corporation (Agencies) Ltd. |
64.05
|
67.25 |
Tainwala
Chemicals & Plastics (India) Ltd. |
11.10
|
11.65
|
Subhash
Projects & Marketing Ltd. |
24.80
|
25.90
|
D
G P Windsor India Ltd. |
13.15
|
13.70
|
Pudumjee
Agro Industries Ltd. |
30.00
|
31.25
|
Back
to News Review index page
Chidambaram:
IndoNext will turn out winners
Mumbai: The Finance Minister, P. Chidambaram, launched
Indonext, the alternative trading platform for small and
medium enterprises, and said that it will open up opportunities
for these entities both in the domestic and the international
arena.
"Ten years from today, we would be able to say that
most of the companies that were launched on IndoNext would
turn out to be national winners, and one or two of them
would be international winners," Chidambaram said
at the launch of BSE IndoNext on Friday.
BSE, Federation of Indian Stock Exchanges and 18 regional
stock exchanges have promoted IndoNext, which has 350
scrips listed on it. While market surveillance, clearing
and settlement will be carried out by the BSE, the regional
stock exchanges (RSEs) will look after the listing norms
for companies trading on this platform.
Initially, securities of companies, with paid-up capital
between Rs3 crore and Rs20 crore, which are currently
listed on RSEs but not on the BSE would be transferred
to IndoNext. Companies that are in the same range of paid-up
capital, currently listed on the BSE in `B1' and `B2'
groups and meeting certain eligibility criteria will also
be transferred to IndoNext. The members of the BSE and
subsidiaries of RSEs, which are members of the BSE, will
be able to trade on BSE IndoNext during phase I of this
platform.
The regional stock exchanges that are part of Indonext
include Madras Stock Exchange, Bangalore Stock Exchange,
Interconnected Stock Exchanges of India, Ludhiana Stock
Exchange and Vadodara Stock Exchange.
IndoNext is envisaged to bring liquidity and attention
to stocks that are listed on RSEs and ensure that investors
who are comfortable dealing with the more familiar local
exchanges can continue to do so.
Back to News Review
index page
SEBI
sets out calendar for corporatisation of stock exchanges
Mumbai: The Securities and Exchange Board of India
has published a calendar for the completion of demutualisation
and corporatisation of stock exchanges. According to the
calendar, exchanges have to complete the formalities associated
with demutualisation and corporatisation by February 28.
After this, SEBI would make enquiries and decide on approvals
and rejections. The entire process is expected to be completed
by March 31, said a SEBI press release.
Back
to News Review index page
Entities
issued show cause notices for May 17 crash
Mumbai: According to the Union Finance Minister,
P. Chidambaram, four entities have been issued show cause
notices with regard to their activities on May 17, 2004,
which led to the biggest ever single-day crash in the
stock market. The names of these entities could be obtained
from the Securities and Exchange Board of India (SEBI),
he told newspersons at the sidelines of a function at
the BSE on Friday.
However, G.N. Bajpai, Chairman of the SEBI, refused to
reveal the names of these four entities, as he had "a
philosophical issue" in that he had "never mentioned
to the media the name of an entity that we are investigating
or proposing to take action against, until investigations
are complete."
On May 17, the market witnessed an unprecedented selling
frenzy and the Sensex lost 842 points intra-day. Market-wide
circuit filters came into effect twice during the day
and trading had to be halted for over two hours. Though,
subsequently, the indices regained marginally, the bourses
ended the day with a loss of over 11 per cent, wiping
out Rs 2 lakh crore of market capitalisation.
Ever since, the SEBI has been collecting data and investigating
reasons for the crash.
On October 30, Chidambaram had announced that the SEBI's
report on the crash of May 17 was "nearly ready and
would be published in a few days". However, the contents
of the report are yet to be made public.
Bajpai refused to give an expected date of publishing
the final orders in this matter.
Back
to News Review index page
|