|
Markets:
Negative sentiment continues
Mumbai: The flow of positive news from the corporate
sector was unable to stem the negative sentiment that
has engulfed the markets. Major losers among the A-group
stocks include Maharashtra Seamless, Wockhardt, Indo Rama
Synthetics and Bharti Televentures. Nifty Junior stocks
such as Wockhardt, Biocon, Patni Computer Systems and
a host of banking sector stocks pulled down this index.
International
Markets
Gain (+) / Loss (-)
|
|
Current
|
Change
|
|
DJIA-
Dow Jones Industrial Average
|
10,471.47
|
-
68.50
|
| Nasdaq
Composite |
2,045.88 |
-
27.71 |
| FTSE
|
4,800.80 |
-
17.50 |
| Nikkei |
11,272.29 |
-12.48 |
| CAC
|
3,842.44 |
-
26.57 |
| HangSeng |
13,493.54 |
-
50.05 |
| DAX |
4,220.43 |
-
25.12 |
National
Markets
|
NIFTY
|
1,925.30
|
-
1.35
|
| SENSEX
|
6,183.24 |
+
9.92 |
Market
Counters
Figures in Rupees
BSE
30
| Scrip
Name |
Open |
High |
Low |
Last
Price |
| I
T C LTD |
1,240.00 |
1,400.00 |
1,214.00 |
1,378.45 |
| LARSEN
& TOUBRO LTD. |
924.50 |
952.30 |
908.00 |
950.75 |
| TATA
MOTORS |
458.80 |
477.30 |
455.10 |
472.65 |
| CIPLA
LTD. |
268.50 |
273.40
|
263.25 |
271.20 |
| DR.REDDY'S
LABORATORIES LTD. |
706.00
|
726.00
|
703.00
|
721.05 |
| ONG
CORP LTD |
770.00 |
789.00 |
765.00 |
782.80 |
| TATA
IRON AND STEEL CO. LTD. |
350.55 |
353.45 |
338.50 |
351.75 |
| BAJAJ
AUTO |
1,010.00 |
1,045.00 |
1,002.15 |
1,031.10 |
| SATYAM
COMP |
359.00 |
366.00 |
348.50 |
359.90 |
| INFOSYS
TECHNOLOGIES LTD.-ORDI |
1,958.00 |
1,971.90 |
1,926.00 |
1,961.00 |
| HINDUSTAN
LEVER LTD. |
141.10 |
143.00 |
140.70 |
142.10 |
| ASSOCIATED
CEMENT COMPANIES LT |
366.45 |
369.00
|
340.00 |
341.75 |
| BHARTI
TELE |
212.00 |
212.00 |
196.45 |
200.80 |
| GUJARAT
AMBUJA CEMENTS LTD. |
448.50 |
448.50 |
418.10 |
423.50 |
| MARUTI
UDYOG |
407.00 |
407.00 |
389.25
|
394.60 |
| TATA
POWER |
370.00
|
370.00 |
354.00 |
360.05 |
| ZEE
TELEF LT |
153.95
|
153.95 |
148.60 |
150.35 |
| WIPRO
LTD. |
685.00 |
685.00 |
666.05 |
674.40 |
| HDFC
BANK LT |
515.00 |
518.40 |
499.00 |
509.60 |
| RANBAXY
LABORATORIES LTD. |
1,000.00
|
1,007.00 |
969.05 |
983.50 |
| ICICI
BANK L |
352.15 |
352.15
|
340.00 |
346.20 |
| HEROHONDA
M |
540.00 |
546.30 |
530.00 |
537.00 |
| HINDUSTAN
PETROLEUM CORP. LTD. |
342.00 |
345.80
|
333.75 |
336.20 |
| HINDALCO
IN |
1,266.00 |
1,266.00 |
1,242.25
|
1,260.00 |
| STATE
BANK OF INDIA |
582.00
|
582.00
|
568.00 |
576.25 |
| BHEL
|
695.00
|
696.00
|
672.05
|
688.60 |
| RELIANCE
ENR* |
512.00 |
513.90 |
501.00 |
505.25 |
| RELIANCE*
|
511.00 |
514.70
|
504.10 |
511.20 |
| GRASIM
INDUSTRIES LTD. |
1,282.00 |
1,287.00
|
1,256.35
|
1,280.70 |
| HOUSING
DEVELOPMENT FINANCE CO |
761.00 |
775.00 |
755.00 |
774.80 |
S&P
CNX Nifty
| Symbol |
Open |
High |
Low |
Last
Price |
| ACC
|
365.05
|
368.90
|
340.60
|
342.10
|
| ITC0
|
1258.80 |
1393.00
|
1212.0 |
1378.85 |
| TISCO
|
351.00 |
353.40 |
338.10
|
351.70 |
| INFOSYSTCH
|
1952.00
|
1978.00 |
1922.00
|
1964.75 |
| GUJAMBCEM
|
447.00 |
447.00 |
417.50 |
423.45 |
| RELIANCE
|
510.10 |
515.00 |
504.20 |
511.50 |
| SATYAMCOMP
|
356.70 |
364.00 |
349.00 |
359.75 |
| MARUTI
|
406.00 |
406.00
|
389.15 |
394.75 |
| TATAMOTORS
|
464.45 |
477.00 |
455.00 |
472.55 |
| SBIN
|
578.70 |
580.00
|
567.10
|
576.35 |
| SAIL
|
55.35 |
55.35 |
53.85 |
54.80 |
| MTNL
|
145.00 |
150.00
|
137.50
|
138.95 |
| RANBAXY
|
1018.65 |
1018.65
|
968.00
|
983.50 |
| ONGC |
802.00
|
802.00 |
765.00 |
782.80 |
| HDFCBANK
|
511.00 |
521.00 |
500.00 |
511.35 |
| PNB
|
354.70 |
357.80 |
352.10 |
354.10 |
| M&M
|
493.00
|
493.00
|
471.80
|
479.55 |
| HDFC
|
756.05
|
773.00
|
753.15 |
762.90 |
| BHARTI
|
211.50
|
212.00 |
196.35
|
201.35 |
| IPCL
|
170.00
|
172.00
|
166.15
|
170.50 |
| ORIENTBANK
|
310.00 |
315.50 |
311.95 |
312.40 |
| WIPRO
|
680.00
|
683.00 |
666.00
|
674.65 |
| BHEL
|
695.00
|
696.90
|
671.00
|
688.85 |
| CIPLA |
268.00
|
273.00 |
263.00
|
271.40 |
| GRASIM
|
1267.10 |
1286.00
|
1256.10
|
1281.60 |
| BPCL |
403.00 |
408.80
|
392.10
|
395.25 |
| HINDLEVER
|
140.50 |
142.90
|
140.30 |
142.15 |
| HCLTECH
|
301.10 |
318.95 |
301.10 |
315.10 |
| LT
|
925.00 |
957.00 |
910.00 |
952.70 |
| HINDALC0
|
1260.00
|
1280.00
|
1242.20 |
1258.90 |
| HINDPETRO
|
346.00
|
346.00
|
333.00
|
336.90 |
| BAJAJAUTO
|
1022.25
|
1041.15 |
1002.00
|
1032.10 |
| TATAPOWER
|
369.10
|
369.10
|
353.00
|
360.60 |
| GAIL
|
211.50
|
211.50
|
202.20
|
206.60 |
| ICICIBANK
|
351.00
|
353.00
|
325.20
|
346.20 |
| REL
|
511.00
|
513.80
|
501.00
|
505.65 |
| HEROHONDA
|
542.65 |
542.65 |
528.65
|
537.00 |
| DRREDDY
|
711.90
|
726.90
|
703.00
|
719.90 |
| ZEETELE
|
152.80 |
153.00
|
148.55
|
150.60 |
| NATIONALUM
|
165.00
|
165.25
|
161.10
|
164.45 |
| GLAXO |
672.00 |
695.00 |
665.00
|
674.40 |
| TATACHEM
|
157.00 |
157.00 |
150.30
|
154.35 |
| SCI
|
142.00
|
144.90
|
140.65
|
142.35 |
| TATATEA
|
465.00
|
466.05 |
454.35 |
460.50 |
| VSNL
|
219.90 |
219.90
|
211.20
|
213.60 |
| SUNPHARMA
|
469.00 |
469.00 |
452.15 |
460.60 |
| DABUR
|
87.80
|
89.25
|
86.50 |
88.25 |
| INDHOTEL
|
508.00 |
520.00
|
508.00 |
519.15 |
| ABB
|
927.80
|
927.80
|
900.00
|
913.25 |
| COLGATE
|
172.00 |
173.00 |
171.25 |
172.65 |
Back
to News Review index page
SEBI:
Draft amendments to the takeover code
Mumbai: The Securities and Exchange Board of India
is considering changing the takeover code. According to
the draft amendments to the regulation, creeping acquisition
of over 55 per cent in a company cannot be made through
open offers, market purchases or preferential allotments.
If a promoter has acquired shares or voting rights through
market purchases or preferential allotments, beyond 55
per cent, he should disinvest the shares acquired in excess
of this limit, suggest the draft amendments. Currently,
the regulation allows creeping acquisition up to 75 per
cent.
Public announcement is necessary for acquiring any stake
over 55 per cent, suggests the draft.
Also under Regulation 10 dealing with the acquisition
of 15 per cent or more of the shares or voting rights
of the company, a provision has been inserted which says
that acquisition of over 55 per cent stake must go through
the reverse book building route. Effectively, this will
also do away with the route of open offer for acquiring
up to 100 per cent stake in the target company.
The draft also seeks to expand the definition of 'promoter'
to include any person acting in concert with the promoter
in any disclosure made in terms of the Listing Agreement.
Back
to News Review index page
HDFC
Mutual seeks approval for multi cap fund
Mumbai: HDFC Mutual Fund is set to launch a multi
cap fund after seeking the approval of the Securities
and Exchange Board of India. The offer document is now
filed with the Securities and Exchange Board of India.
The primary objective of the scheme is to generate capital
appreciation in the long-term through equity investments
by investing in a diversified portfolio of smaller, fast
growing blue chip companies, says the offer document of
the fund.
The fund would invest 90-95 per cent of its corpus in
equity and equity-related instruments and can invest 5-10
per cent in fixed income securities.
The benchmark for the scheme would be S&P CNX 500.
The minimum application amount of the fund is Rs5,000
and the fund is available in both growth and dividend
options, says the offer document.
An entry load of 2.25 per cent would be charged on investments
less than Rs 5crore.
Back
to News Review index page
HBL
Nife to hold EGM for rights issue
Hyderabad: HBL Nife Power Systems has informed
the stock exchanges on Thursday that an extraordinary
general meeting would be held on February 10 to seek the
approval of shareholders for the proposed rights issue
and hike in authorised capital.
It proposes to allot 13.38-lakh equity shares of Rs10
each for cash at a premium not exceeding Rs90 per share
on a rights basis to the existing shareholders whose names
appear on the register of members on date to be determined
by the board.
It also proposes to increase its authorised share capital
from Rs21 crore to Rs25 crore by creation of 40-lakh equity
shares of Rs10 each and accordingly amending articles
and MoA.
Back
to News Review index page
|
|
