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Markets:
Sensex drops another 112
Mumbai: In the first six trading days of this month,
FIIs have invested Rs495.2 crore in equities, as compared
to December 2004, when the FIIs had invested Rs3,280.6
crore in the first six days alone. FII inflows aggregated
Rs 1,28,261 crore for December. In all, the Sensex has
shed 343 points in the last four trading sessions and
the Nifty has lost 121.75 points.
Automobile, technology, pharmaceutical and banking sectors
were the major losers of the day. Bank stocks, both public
sector and private, ended the day without any gains.
International Markets
|
|
Current
|
Change
|
|
DJIA-
Dow Jones Industrial Average
|
2097.04
|
+
8.43
|
| Nasdaq
Composite |
10621.03 |
+
17.07 |
National
Markets
|
NIFTY
|
1982.00
|
-
33.50
|
| SENSEX
|
6308.54 |
-
111.92 |
Market
Counters
Figures in Rupees
Gain (+) / Loss (-)
BSE 30
| ACC |
345.05 |
-5.30 |
| Bajaj
Auto |
1,092.70 |
-1.90 |
| Bharti
Televentures |
202.70 |
-7.90 |
| BHEL |
740.35 |
+2.95 |
| Cipla |
281.70 |
-9.90 |
| Dr.
Reddys Laboratories |
794.40 |
-16.10 |
| Grasim
Industries |
1,273.35 |
-20.55 |
| Gujarat
Ambuja |
417.65 |
-8.65 |
| HDFC |
728.60 |
+1.75 |
| HDFC
Bank |
489.30 |
-0.20 |
| Hero
Honda Motors |
573.95 |
-0.20 |
| Hindalco
Industries Limited |
1,303.90 |
-19.90 |
| Hindustan
Petroleum Corp |
383.30 |
-9.50 |
| HLL |
142.75 |
+1.80 |
| ICICI
Bank |
348.45 |
-10.30 |
| Infosys
Technologies |
1,994.15 |
-56.75 |
| ITC |
1,273.20 |
-25.10 |
| Larsen
& Toubro Limited |
972.40 |
-0.05 |
| Maruti
Udyog |
423.75 |
-15.90 |
| ONGC |
783.85 |
-8.50 |
| Ranbaxy
Labs |
1,164.50 |
-36.20 |
| Reliance
Energy |
526.95 |
-1.10 |
| Reliance
Industries |
533.50 |
-7.35 |
| Satyam
Computer Services |
373.80 |
-13.50 |
| State
Bank Of India |
599.70 |
-15.50 |
| Tata
Motors |
475.10 |
-18.15 |
| Tata
Power |
354.10 |
-14.80 |
| TISCO |
358.10 |
-3.05 |
| Wipro |
677.65 |
-21.80 |
| Zee
Telefilms |
164.80 |
+1.90 |
BSE
Gainers -Top Ten
| Company
Name |
Current
Price
|
Previous
Close
|
| Asian
Tea Exports Ltd.. |
19.80 |
16.50 |
| Jasmine Investment |
57.60 |
48.00 |
| Tripex
Overseas Ltd |
12.00 |
16.50 |
Pentamedia
Graphics Ltd.
|
10.68 |
8.90
|
| Reliance
Chemotex Industries Ltd. |
21.90
|
18.25 |
| Mohan Meakin Ltd. |
210.35 |
175.30 |
| Haryana Leather Chemicals Ltd. |
13.39 |
11.16
|
| Ruchi Strips & Alloys Ltd. |
13.28 |
11.07
|
| Nijjer Agro Foods Ltd. |
12.32 |
10.27 |
| Sunshield Chemicals Ltd. |
10.94
|
9.12 |
NSE
Gainers - Top Ten
| Company
Name |
Current
Price |
Previous
Close |
|
Pentamedia Graphics Ltd. |
10.70 |
20.22
|
|
S Kumars Synfabs Ltd. |
21.60 |
20.00
|
| Manali
Petrochemicals Ltd. |
12.20 |
19.61
|
| Atco
Technologies Ltd. |
13.40 |
17.03
|
|
California Software Company Ltd. |
42.30 |
15.73
|
| Oswal
Chemicals & Fertilizers Ltd. |
10.20
|
9.10
|
| G
M Breweries Ltd. |
15.85
|
14.20
|
| Southern
Petrochemicals Industries Corporation Ltd |
25.00
|
22.4 |
| Tata
Finance Ltd. |
59.80
|
54.05
|
| Cybertech
Systems & Software Ltd. |
11.80
|
10.70
|
BSE
Losers -Top Ten
| Company
Name |
Current
Price |
Previous
Close |
|
Sirdar Carbonic Gas Company Ltd. |
312.75
|
391.00
|
|
Pressman Ltd. |
13.94
|
17.42
|
|
Mercury Finstock Ltd. |
12.05
|
15.00
|
| International
Conveyors Ltd. |
37.25
|
42.85
|
|
Siris Soft Ltd. |
17.97
|
19.96
|
|
Dhar Textile Mills Ltd. |
10.81
|
11.99
|
| Milkfood
Ltd. |
34.45
|
38.20
|
|
Katare Spinnings Mills Ltd. |
23.00
|
25.40
|
|
Vertex Machineries Ltd. |
60.00
|
66.20 |
| Zenith
Fibres Ltd. |
19.55
|
21.55
|
NSE
Losers -Top Ten
| Company
Name |
Current
Price |
Previous
Close |
|
Pressman Ltd. |
19.40
|
24.20 |
| JBM
Auto Components Ltd. |
99.00
|
107.45 |
|
Surana Telecom Ltd. |
68.10
|
72.35 |
|
Shyam Telecom Ltd. |
89.70
|
95.10
|
|
Krishna Engineering Works Ltd. |
12.75
|
13.50
|
|
Himachal Futuristic Communications Ltd. |
24.05
|
25.45
|
|
Mid-Day Multimedia Ltd. |
61.60
|
65.15
|
|
Punjab National Bank |
381.00
|
402.70 |
|
Wartsila NSD India Ltd. |
182.00
|
191.90 |
|
Navneet Publication Ltd. |
256.65
|
270.60 |
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SEBI
to focus on developing debt market
Mumbai: Securities and Exchange Board of India
(SEBI) has said that it will focus on developing the debt
market in the current and next year. The growth of the
debt segment was an area of focus for the market regulator,
SEBI chairman G N Bajpai said addressing a conference.
Referring
to challenges for growth of market, Bajpai said market
integrity, risk management and corporate governance are
crucial for attracting investments. The global fund managers
which are looking for higher returns, have made large
investments in India, he said, adding they would remain
so as long as returns were at that level or grew.
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index page
Dutch
finance major Aegon files application for AMC
Mumbai: Dutch financial major Aegon has filed its
application to start an asset management company with
the Securities and Exchange Board of India.
Aegon is a euro 2.5-billion group with operations across
the US, the UK and the Netherlands. The company's shares
are listed on the stock exchanges in Amsterdam, Frankfurt,
London, New York, Tokyo and Zurich.
Aegon is also expected to set up its insurance business
in the country.
N.K. Sharma, former Chief Executive Officer of IL&FS
asset management company (AMC), has joined Aegon and is
spearheading operations.
The Florida, USA, based Hansberger Global Investors, with
$4.6 billion in assets, has also filed an application
with SEBI for setting up its AMC. Other global players
who are considering the Indian mutual fund market are
Development Bank of Singapore, the Swiss giant UBS and
Sabre Capital.
Fidelity, the world's largest mutual fund company, is
still awaiting final clearance from SEBI, even though
the in-principle clearance was awarded over seven months
ago.
The mutual fund business, itself, had a very sluggish
year, with assets under management (AUM) growing by less
than seven per cent. Total AUM at the end of December
2004 was Rs1,50,000 crore, up barely by Rs10,000 crore
from the previous year.
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index page
Franklin Templeton launches Flexicap
fund
Chennai: Franklin Templeton Investments (India)
Ltd has launched an equity fund called `Franklin India
Flexi Cap Fund'. The fund will invest in equities across
the entire market - in large-, mid- and small-cap companies.
The issue period is between January 17 and February 9;
the fund will open for ongoing purchase and redemption
from March 7, officials of Franklin Templeton said at
a press conference here today.
Franklin Templeton is at least the third mutual fund house
that has launched a multi-cap fund in the last few weeks
- Cholamandalam and Sundaram Mutual are the other two.
Franklin Templeton manages Rs 15,630 crore (as of December
31, 2004) in India.
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