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Markets:
Sensex scrips turn red
Mumbai: Stock markets ended with marginal changes
with 22 of the 30 Sensex stocks ending lower. Index heavyweights
held firm. Reliance Industries was up almost Rs10 to close
at Rs542. ONGC was up over Rs 2 to finish at Rs821. In
the FMCG pack, HLL was up Rs 9 or 5.6 per cent to close
at Rs 168.80. Dabur was up 4 per cent and Nirma was up
4.4 per cent. Auto stocks fell despite the announcement
of healthy sales in January. Sugar stocks were in the
limelight. Power ancillary stocks charged ahead.
International
Markets
Gain (+) / Loss (-)
|
|
Current
|
Change
|
| NASDAQ |
2,068.70
|
+6.29 |
| FTSE
|
4,906.20
|
+53.90 |
| Dow
|
10,551.94
|
+62.00
|
| Nikkei
|
11,403.42
|
+19.02
|
| CAC
|
3,939.18
|
+25.49
|
| HangSeng
|
13,471.31
|
-106.95
|
| DAX |
4,279.97
|
+25.12
|
Last
Update : 2 February, 2005, 10:00:16 AM
National
Markets
|
SENSEX
|
6552.47
|
-3.47
|
| NIFTY
|
2059.85
|
+2.25
|
Last
Update : 1 February, 2005, 16:08 PM
Market
Counters
Figures in Rupees
BSE
30
| Scrip
Name |
Open |
High |
Low |
Last
Price |
| HINDUSTAN
LEVER LTD. |
160.80
|
170.00
|
157.65
|
168.80 |
| RELIANCE*
|
535.00
|
546.95
|
530.10
|
542.60 |
| RELIANCE
ENR* |
555.00
|
562.90
|
544.00
|
560.65 |
| BHEL
|
765.70
|
770.00
|
749.00
|
757.35 |
| BAJAJ
AUTO |
1,030.05
|
1,071.00
|
1,026.00
|
1,044.00 |
| ICICI
BANK L |
363.85
|
367.90
|
358.20
|
362.00 |
| ONG
CORP LTD |
834.85
|
836.00
|
816.00
|
821.25 |
| HINDALCO
IN |
1,305.00
|
1,336.00
|
1,302.05
|
1,331.45 |
| DR.REDDY'S
LABORATORIES LTD. |
705.00 |
712.50
|
690.00
|
708.90 |
| BHARTI
TELE |
231.00
|
232.70
|
220.00
|
222.35 |
| TATA
MOTORS |
507.00
|
507.30
|
491.00
|
493.15 |
| LARSEN
& TOUBRO LTD. |
1,007.00
|
1,010.00
|
975.00
|
986.60 |
| SATYAM
COMP |
416.00
|
416.00
|
403.00
|
408.00 |
| TATA
POWER |
386.80
|
388.00
|
376.05
|
379.25 |
| WIPRO
LTD. |
710.00
|
715.70
|
692.00
|
695.00 |
| STATE
BANK OF INDIA |
645.00
|
646.00
|
631.00
|
634.15 |
| RANBAXY
LABORATORIES LTD. |
1,081.00
|
1,083.00
|
1,055.00
|
1,070.75 |
| CIPLA
LTD. |
289.90
|
290.00
|
280.50
|
283.35 |
| HEROHONDA
M |
542.00
|
548.00
|
527.15
|
531.30 |
| TATA
IRON AND STEEL CO. LTD. |
387.80
|
387.90
|
380.10
|
382.30 |
| I
T C LTD |
1,358.00
|
1,376.00
|
1,330.00
|
1,349.80 |
| MARUTI
UDYOG |
451.00
|
456.00
|
442.00
|
448.55 |
| GRASIM
INDUSTRIES LTD. |
1,338.00
|
1,338.00
|
1,312.00
|
1,319.85 |
| ZEE
TELEF LT |
154.75
|
156.55
|
148.25
|
154.05 |
| HDFC
BANK LT |
567.00
|
570.00
|
550.65
|
561.10 |
| ASSOCIATED
CEMENT COMPANIES LT |
359.70
|
359.70
|
354.25
|
355.45 |
| HOUSING
DEVELOPMENT FINANCE CO |
785.25
|
787.00
|
767.05
|
775.20 |
| GUJARAT
AMBUJA CEMENTS LTD. |
453.00
|
454.00
|
439.00
|
447.95 |
Last
Update : 1 February, 2005, 16:38 PM
S&P
CNX Nifty
| Symbol |
Open |
High |
Low |
Last
Price |
| RELIANCE
|
533.90
|
547.00
|
530.05
|
542.95 |
| SAIL
|
63.70
|
66.60
|
62.80
|
64.90 |
| SATYAMCOMP
|
415.00
|
415.00
|
403.30
|
408.90 |
| INFOSYSTCH
|
2070.00
|
2094.00
|
2055.00
|
2061.75 |
| ONGC
|
825.10
|
831.00
|
816.25
|
822.20 |
| TATAMOTORS
|
505.00
|
506.80
|
490.10
|
492.70 |
| SBIN
|
640.00
|
646.00
|
631.20
|
634.05 |
| ITC
|
1331.00
|
1377.00
|
1331.00
|
1350.05 |
| TISCO
|
390.00
|
391.00
|
380.25
|
382.20 |
| MARUTI
|
457.00
|
457.00
|
442.10
|
449.55 |
| HINDLEVER
|
161.00
|
170.00
|
158.00
|
168.40 |
| PNB
|
410.50
|
420.00
|
400.60
|
409.10 |
| GAIL
|
239.00
|
270.00
|
230.10
|
239.00 |
| ZEETELE
|
155.45
|
157.50
|
148.20
|
154.50 |
| BHARTI
|
232.00
|
232.00
|
219.20
|
222.60 |
| M&M
|
544.95
|
544.95
|
530.25
|
539.35 |
| RANBAXY
|
1085.00
|
1088.00
|
1055.30
|
1079.15 |
| ACC
|
358.60
|
359.00
|
354.00
|
355.20 |
| GUJAMBCEM
|
454.00
|
454.00
|
372.00
|
447.15 |
| IPCL
|
179.45
|
182.00
|
176.50
|
178.90 |
| WIPRO
|
710.00
|
714.65
|
692.25
|
696.25 |
| DRREDDY
|
718.00
|
718.00
|
690.00
|
710.45 |
| BHEL
|
756.10
|
773.00
|
745.00
|
757.70 |
| HINDPETRO
|
364.00
|
365.70
|
355.00
|
362.45 |
| LT
|
1005.00
|
1005.00
|
970.90
|
988.00 |
| MTNL
|
145.00
|
145.00
|
138.00
|
139.00 |
| NATIONALUM
|
179.00
|
182.50
|
174.80
|
182.00 |
| REL
|
530.05
|
565.00
|
530.05
|
562.60 |
| HDFC
|
785.00
|
787.00
|
768.55
|
775.50 |
| BPCL
|
427.00
|
432.95
|
414.50
|
429.25 |
| ORIENTBANK
|
321.00
|
329.90
|
311.00
|
313.85 |
| CIPLA
|
297.40
|
297.40
|
280.15
|
282.30 |
| GRASIM
|
1342.40
|
1342.40
|
1312.00
|
1318.05 |
| SCI
|
166.00
|
167.60
|
163.00
|
163.95 |
| HDFCBANK
|
566.00
|
568.75
|
550.25
|
560.15 |
| HEROHONDA
|
501.10
|
549.70
|
501.10
|
531.45 |
| ICICIBANK
|
363.00
|
368.00
|
358.15
|
361.80 |
| TATAPOWER
|
386.00
|
388.80
|
375.00
|
379.80 |
| VSNL
|
230.00
|
230.00
|
221.05
|
228.35 |
| BAJAJAUTO
|
1045.00
|
1071.00
|
1026.35
|
1046.90 |
| ABB
|
985.00
|
1025.00
|
985.00
|
997.50 |
| HCLTECH
|
330.70
|
334.45
|
324.30
|
333.05 |
| DABUR
|
102.40
|
105.95
|
100.50
|
105.30 |
| TATACHEM
|
159.00
|
165.10
|
155.60
|
164.25 |
| GLAXO
|
704.00
|
713.95
|
686.00
|
697.45 |
| SUNPHARMA
|
496.85
|
503.00
|
491.50
|
496.50 |
| TATATEA
|
492.45
|
492.45
|
483.00
|
485.25 |
| INDHOTEL
|
542.10
|
565.00
|
542.10
|
562.20 |
| COLGATE
|
186.90
|
189.95
|
184.00
|
187.20 |
Last
Update : 1 February, 2005, 16:08 PM
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JM
Mutual launches Equity& Derivative Fund
Mumbai: JM Financial Mutual Fund has launched
the JM Equity & Derivative Fund. This new fund is
an income-oriented interval scheme that will seek to
generate income through arbitrage opportunities emerging
out of mis-pricing between the cash market and the derivatives
market, said a release.
The fund will remain open from February 4-21, with earliest
closing date being February 11.
The JM Equity & Derivative Fund is focused on arbitrage
opportunities that will invest in equity shares and
take simultaneous sale position in the derivative market
in the same underlying security. The fund house is launching
the product after a three-month period of educating
financial advisors and other sales staff about the concept
of arbitrage.
These programmes have been organised with Dunn and Bradstreet,
said the release.
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EPFO
to explore equity investment
New Delhi: The country's biggest provident fund
EPFO is exploring the possibility of investing a small
portion of its assets in equities. The investment panel
will meet this month to discuss the feasibility of investing
a portion of EPFO funds in equities.
The
proposal to invest EPF funds in equities would also
be discussed with its banker SBI.
The
move comes days after the government allowed private
provident funds, superannuation and gratuity funds to
invest up to five per cent of their assets in equity
of blue-chip companies. After the EPFO investment panel
takes a decision, the matter will be taken up by the
Central Board of Trustees, which is also slated to meet
in February to discuss the issue apart from deciding
on the final interest rate on EPF to be paid to over
four crore beneficiaries.
The
CBT had recommended an interim 8.5 per cent interest
on EPF at its last meeting.
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FII
inflows shoot up
Mumbai: The foreign institutional investor (FII)
inflows have shot up in the last three trading sessions.
The official figures released by the Securities and
Exchange Board of India (SEBI) on FIIs transactions
show huge net investment both in the cash and derivatives
market. The year 2005 has also seen a large number of
FIIs registrations.
In the last three trading sessions, the net inflows
from FIIs are to the tune of Rs1726.10 crore in the
cash market while in the derivatives segment (index
futures and stock futures) the net investment is to
the tune of Rs941.57 crore. In addition, there is a
minor investment in index and stock options.
Since the beginning of 2005, the flow of funds from
FIIs had slowed down with net outflows till January
25. The equity investment by FIIs saw net outflows of
Rs373.70 crore till January 25, but has turned into
net inflows of Rs1352.20 crore till January 31. The
FIIs registration has also gone up from 637 at the end
of December 2004 to 655 till today.
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Foreign
investors on familiarisation trip to India
Mumbai: Over 130 foreign investors from Europe
and the US are in India on a weeklong country familiarisation
trip being organised by DSP Merrill Lynch.
In the course of the week, heads of corporates and government
officials would be helping these potential investors
understand the economy, reform process and corporate
performances.
The delegation comprised hedge funds and institutional
investors. They are assessing the equities market, private
equity and venture capital and in some cases even investments
in property, DSP Merrill Lynch officials have indicated.
Merrill Lynch officials said that the investors are
"pleasantly surprised" by the implementation
of value added tax. Also, the Government's decision
to allow all non-Government provident funds, superannuation
funds and gratuity funds to invest in equity market
is another step that is being considered favourably
by them.
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Goldstone
Tele to hike FII limit
Hyderabad: Goldstone Teleservices Ltd has decided
to increase the FII limit up to 49 per cent and issue
preferential shares.
It has informed the BSE that its board, at a meeting
held on January 31, decided to issue up to 73,58,155
equity shares/ convertible warrants on preferential
basis to FIIs, promoters and other individuals.
The company has convened the extraordinary general meeting
on February 26, to obtain the shareholders' approval
for these proposals.
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