Markets:
Sensex ends lower on profit booking
Mumbai: Profit booking took its toll with the Sensex
marginally down at 6618. The Nifty also slipped to 2078.
IPCL and Reliance Industries lost around a per cent each.
Reliance Energy also suffered marginal losses. However,
Reliance Capital gained nearly a per cent.
Infotech
scrips came under selling pressure. HCL Infosystems shed
over 4 per cent, while NIIT, Mastek and Mphasis BFL lost
around 2 per cent each. Sector majors Infosys, Satyam
and Polaris lost around a per cent each. Wipro, however
gained over a per cent.
The
oil and gas sector registered heavy losses with Gujarat
Gas and Essar Oil losing nearly 2 per cent today, while
Bongaigaon Refinery, Chennai Petroleum, GAIL India, Kochi
Refineries, MRPL and ONGC moved down around a per cent
each. HPCL, IBP and IOC also ended the day in the red.
BPCL however clocked gains of around a per cent.
Telecom
scrips also suffered reverses, with Tata Teleservices
losing nearly 3 per cent, followed closely by Sterlite
Optical and ITI Limited which lost around 2 per cent each.
Bharti Tele, HFCL, MTNL, Shyam Telecom and VSNL also moved
down. Krone Communications posted impressive gains of
over 4 per cent.
The
cement counter provided some relief with ACC among the
top gainers on the Sensex today as it touched a 52-week
high of Rs379.65. The scrip ended the day at Rs376, marking
a gain of over 3 per cent. Madras Cements, notched up
gains of over 6 per cent today. Prism Cements also moved
up over 4 per cent. However, Gujarat Ambuja and Shree
Cements slipped into losses.
International
Markets
Gain (+) / Loss (-)
|
Current
|
Change
|
NASDAQ |
2,086.66
|
+29.02 |
FTSE
|
4,941.50
|
+33.20
|
Dow
|
10,716.13
|
+123.03
|
Nikkei
|
11,360.40
|
-28.95
|
CAC
|
3,958.01
|
+29.07 |
HangSeng
|
13,585.17
|
+69.84
|
DAX |
4,339.28
|
+57.64
|
Last
Update : 5 February, 2005, 10:15:16 AM
National
Markets
SENSEX
|
6,618.23
|
-1.74
|
NIFTY
|
2,077.95
|
-1.50
|
Last
Update : 4 February, 2005, 16:28 PM
Market
Counters
Figures in Rupees
BSE
30
Scrip
Name |
Open |
High |
Low |
Last
Price |
HOUSING
DEVELOPMENT FINANCE CO |
793.00
|
820.00
|
787.05
|
816.25 |
ASSOCIATED
CEMENT COMPANIES LT |
365.00
|
379.65
|
363.05
|
375.65 |
DR.REDDY'S
LABORATORIES LTD. |
715.00
|
735.00
|
715.00
|
732.05 |
HEROHONDA
M |
542.00
|
547.00
|
533.90
|
542.75 |
RANBAXY
LABORATORIES LTD. |
1,058.75
|
1,084.80
|
1,058.75
|
1,078.05 |
BAJAJ
AUTO |
1,060.10
|
1,080.00
|
1,059.00
|
1,074.70 |
WIPRO
LTD. |
700.00
|
708.00
|
697.00
|
703.45 |
I
T C LTD |
1,340.00
|
1,352.40
|
1,328.00
|
1,341.15 |
HINDALCO
IN |
1,390.00
|
1,400.00
|
1,361.25
|
1,385.00 |
ZEE
TELEF LT |
154.00
|
156.70
|
152.10
|
153.65 |
GRASIM
INDUSTRIES LTD. |
1,345.00
|
1,367.15
|
1,340.00
|
1,355.45 |
MARUTI
UDYOG |
462.05
|
465.40
|
453.40
|
463.20 |
TATA
IRON AND STEEL CO. LTD. |
398.10
|
402.45
|
391.70
|
397.05 |
HINDUSTAN
LEVER LTD |
168.00
|
170.50
|
165.10
|
165.75 |
CIPLA
LTD. |
287.00
|
288.40
|
283.15
|
284.60 |
HDFC
BANK LT |
574.90
|
577.90
|
563.00
|
565.30 |
STATE
BANK OF INDIA |
661.50
|
668.15
|
645.20
|
648.10 |
ICICI
BANK L |
370.95
|
373.50
|
362.00
|
365.00 |
INFOSYS
TECHNOLOGIES LTD.-ORDI |
2,103.25
|
2,118.00
|
2,075.00
|
2,080.70 |
BHARTI
TELE |
220.00
|
223.00
|
215.10
|
217.45 |
ONG
CORP LTD |
836.10
|
840.00
|
822.00
|
825.90 |
RELIANCE*
|
542.00
|
545.40
|
532.55
|
536.35 |
SATYAM
COMP |
409.00
|
412.50
|
402.60
|
404.25 |
HINDUSTAN
PETROLEUM CORP. LTD. |
371.00
|
372.75
|
362.50
|
364.95 |
LARSEN
& TOUBRO LTD. |
991.70
|
1,001.00
|
973.50
|
982.40 |
TATA
MOTORS |
497.00
|
499.90
|
488.00
|
490.20 |
BHEL |
800.00 |
801.90
|
780.00
|
791.30 |
GUJARAT
AMBUJA CEMENTS LTD. |
461.00
|
462.00
|
451.35
|
455.90 |
RELIANCE
ENR* |
584.90
|
587.00
|
574.00
|
580.45 |
TATA
POWER |
397.00
|
402.80
|
393.00
|
394.95 |
Last
Update : 4 February, 2005, 16:38 PM
S&P
CNX Nifty
Symbol |
Open |
High |
Low |
Last
Price |
TISCO
|
399.15
|
402.50
|
391.60
|
397.00 |
SBIN
|
669.00
|
669.00
|
645.10
|
648.15 |
RELIANCE
|
544.00
|
545.00
|
532.40
|
537.15 |
SAIL
|
65.90
|
66.40
|
64.15
|
64.70 |
ACC
|
360.35
|
379.70
|
360.35
|
375.85 |
INFOSYSTCH
|
2115.00
|
2119.80
|
2077.50
|
2085.40 |
SATYAMCOMP
|
413.90
|
413.90
|
402.40
|
404.35 |
TATAMOTORS
|
495.00
|
499.50
|
487.65
|
490.50 |
MARUTI
|
462.65
|
465.70
|
452.15
|
463.05 |
ONGC
|
835.00
|
839.90
|
822.50
|
827.00 |
BHARTI
|
221.50
|
223.50
|
215.10
|
218.40 |
WIPRO
|
728.00
|
728.00
|
695.00
|
703.15 |
ITC
|
1330.00
|
1353.90
|
1330.00
|
1341.80 |
HDFC
|
794.00
|
820.00
|
788.00
|
817.00 |
PNB
|
415.00
|
416.90
|
405.95
|
408.20 |
GAIL
|
225.60
|
242.00
|
225.60
|
235.95 |
TATAPOWER
|
397.00
|
402.90
|
393.00
|
395.00 |
LT
|
994.00
|
1001.00
|
972.05
|
990.45 |
RANBAXY
|
1069.00
|
1085.85
|
1060.05
|
1081.20 |
GUJAMBCEM
|
463.80
|
463.80
|
451.10
|
456.15 |
HINDALC0
|
1380.00
|
1395.05
|
1365.55
|
1387.85 |
M&M
|
548.50
|
555.00
|
538.10
|
543.65 |
HINDPETRO
|
370.00
|
372.00
|
362.40
|
366.25 |
HINDLEVER
|
169.80
|
170.40
|
165.10
|
165.90 |
BPCL
|
453.00
|
459.00
|
448.55
|
455.75 |
BHEL
|
800.00
|
804.00
|
778.00
|
791.05 |
GRASIM
|
1350.00
|
1368.00
|
1338.00
|
1357.90 |
IPCL
|
189.50
|
189.50
|
169.50
|
184.70 |
ORIENTBANK
|
318.00
|
320.00
|
308.80
|
310.25 |
SCI
|
164.65
|
167.50
|
162.50
|
166.00 |
ZEETELE
|
153.50
|
157.00
|
152.70
|
154.05 |
HEROHONDA
|
535.00
|
546.75
|
533.20
|
542.80 |
REL
|
583.65
|
587.90
|
574.10
|
580.30 |
DRREDDY
|
717.80
|
735.90
|
712.50
|
732.30 |
TATATEA
|
495.00
|
510.00
|
491.00
|
505.45 |
HCLTECH
|
343.00
|
350.00
|
338.00
|
347.25 |
NATIONALUM
|
183.50
|
185.15
|
178.50
|
180.85 |
ICICIBANK
|
371.50
|
373.75
|
363.10
|
365.70 |
MTNL
|
141.00
|
141.00
|
138.60
|
139.05 |
BAJAJAUTO
|
1070.00
|
1084.00
|
1055.50
|
1077.10 |
HDFCBANK
|
570.00
|
579.00
|
563.05
|
567.15 |
TATACHEM
|
162.00
|
167.00
|
162.00
|
165.35 |
CIPLA
|
285.10
|
288.80
|
283.00
|
284.85 |
INDHOTEL
|
566.00
|
571.50
|
561.00
|
565.50 |
ABB
|
1066.00
|
1099.00
|
1065.30
|
1078.50 |
COLGATE
|
199.80
|
208.00
|
199.20
|
206.10 |
VSNL
|
225.00
|
225.00
|
221.05
|
223.00 |
SUNPHARMA
|
490.00
|
496.00
|
486.10
|
492.65 |
DABUR
|
105.00
|
106.40
|
101.10
|
101.90 |
GLAXO
|
682.50
|
693.90
|
682.50
|
686.90 |
Last
Update : 4 February, 2005, 16:08 PM
SBI
Direct Rates Of Exchange (DRE)* in Indian Rupees
Currency |
Cash/TCy |
Cash/TCy |
TT |
TT |
Name |
Buy |
Sell |
Buy |
Sell |
US
|
42.95
|
43.95
|
43.37
|
43.75
|
Sterling
|
80.55
|
82.70
|
81.54
|
82.30 |
Yen
(100) |
41.10
|
42.10
|
41.48
|
41.88
|
Sing
|
26.20
|
26.85
|
26.46
|
26.70
|
HK |
5.50
|
5.65
|
5.56
|
5.61 |
Canadian
|
34.60
|
35.45
|
34.96
|
35.29 |
Swiss
|
35.65
|
36.55
|
36.01
|
36.39
|
Australian
|
32.90
|
33.80
|
33.31
|
33.
|
Euro
|
55.65
|
57.00
|
56.21
|
56.73 |
The
SBI Direct Rates Of Exchange are applicable upto Indian
Rs 10,00,000. Rates are negotiable beyond this limit.
Last
Update: February 4 2005 11:07:08 AM (IST)
Back to News Review
index page
J
P Morgan: FII inflows to be higher
in 2005
New Delhi: J P Morgan Securities has said that
FII inflows into India will be higher this calendar
year compared to over $8 billion recorded in 2004. Officials
at J P Morgan Securities (India) say that while $8 billion
of portfolio investment last year was quite large, capital
inflows this year should be higher.
Officials
say that the entire currency movement in the country
would be dictated by capital flows. While the official
line in J P Morgan Securities is that rupee will start
depreciating towards 2005 end, the assessment at the
India office is that the Indian currency would appreciate
throughout the year.
Back
to News Review index page
Escorts
MF to launch liquid plan
Mumbai: Escorts mutual fund intends to launch
a liquid plan, with an investment objectivet of providing
income and liquidity, consistent with the prudent risk
from a portfolio comprising of money market and debt
instruments. It has accordingly filed the offer document
with the Securities and Exchange Board of India.
Though the income may be augmented by possible capital
appreciation the aim is to optimise returns while providing
liquidity, according to the offer document.
The scheme has three plans. The minimum application
amount on Plan A is Rs10,000, on Plan is B Rs.50 lakh
and Plan C is Rs.3 crore.
There are no entry or exit loads on the scheme at present,
says the document.
Back
to News Review index page
FIIs
buy into Dena Bank stock
Chennai: The Dena Bank public offer was oversubscribed
12 times, the bank has said, and about Rs2,600 crore
was collected. About seventy per cent of the applications
were from Maharashtra and Gujarat, where the bank has
a strong presence.
As of now, around ten foreign institutional investors
had entered the stock.
As part of its information technology initiatives, the
bank has recruited sixty engineers.
Back
to News Review index page
Essar
Oil FCB raises $213 million
Mumbai: Essar Group has raised about $213 million
(Rs937 crore) through two international bond issues
to part finance its oil refinery in Gujarat.
The group has informed stock exchanges that two group
companies, Essar Oil Ltd and Essar Shipping, have issued
Foreign Currency Convertible Bonds (FCCBs) worth $166
million and $47 million respectively on January 31.
While Essar Oil is setting up the10.5-million-tonne
refinery at Vadinar in Gujarat, the group's shipping
company is developing a terminal - Vadinar Oil Terminal
Ltd - for handling crude and petroleum products for
the refinery.
The fresh fund raising follows the recent recast of
Essar Oil's debts by the local institutional lenders,
clearing their commitments to the project.
Back
to News Review index page
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