|
Markets: Late
bounce back - Sensex up 35 points
Mumbai: Stock markets moved in a narrow range with low volumes. The
end of the session saw the benchmark Sensex affect a marginal bounce back
going up 35 points or 0.5 per cent to close at 6,686. In the broader markets,
the 50-share NSE Nifty was up nine points or 0.4 per cent at 2,093.
Cement,
bank and metal stocks were among the prominent gainers. The midcap segment
was also active. Banking stocks flared up pushing BANKEX BSE up 2.6 per cent
at 3,956.
The BSE Metal Index rose by 2 per cent to 6,678. The momentum continued in
textile stocks, while auto stocks were weak. Oil stocks were under pressure.
International
Markets
Gain (+) / Loss (-)
|
|
Current
|
Change
| | NASDAQ | 2,067.50
| -3.75
| | FTSE
| 4,992.80
| -7.70
| | Dow
| 10,811.97
| -18.03
| | Nikkei
| 11,837.96
| +24.25
| | CAC
| 4,062.72
| +7.74
| | HangSeng
| 13,856.29
| +5.51
| | DAX | 4,393.43
| +9.81
|
Last
Update : 3 March, 2005, 9:15:16 AM
National
Markets
|
SENSEX
|
6,686.89
|
+35.81
|
| NIFTY
|
2,093.25
|
+8.85 |
Last
Update : 2 March, 2005, 16:15 PM
Market
Counters
Figures in Rupees
BSE
30
| Scrip
Name |
Open |
High |
Low |
Last
Price |
| BHARTI
TELE |
220.00
|
240.70
|
220.00
|
235.95 |
| ICICI
BANK L |
374.00
|
394.80
|
372.15
|
389.45 |
| TATA
IRON AND STEEL CO. LTD. |
422.00
|
429.40
|
421.35
|
428.55 |
| ASSOCIATED
CEMENT COMPANIES LT |
364.50
|
369.30
|
363.00
|
367.90 |
| STATE
BANK OF INDIA |
697.05
|
709.50
|
695.05
|
706.15 |
| HINDALCO
IN |
1,356.00
|
1,374.00
|
1,352.10
|
1,364.90 |
| GRASIM
INDUSTRIES LTD. |
1,330.00
|
1,354.50
|
1,330.00
|
1,343.00 |
| SATYAM
COMP |
398.00
|
399.15
|
394.10
|
397.20 |
| GUJARAT
AMBUJA CEMENTS LTD. |
441.80
|
447.80
|
441.00
|
442.60 |
| HINDUSTAN
LEVER LTD. |
145.00
|
147.45
|
145.00
|
146.75 |
| TATA
POWER |
396.00
|
399.40
|
394.00
|
397.30 |
| I
T C LTD |
1,340.25
|
1,345.00
|
1,318.00
|
1,344.00 |
| RELIANCE*
|
542.00
|
551.50
|
542.00
|
548.80 |
| DR.REDDY'S
LABORATORIES LTD. |
722.00
|
726.50
|
719.00
|
722.35 |
| BHEL
|
848.00
|
858.95
|
843.00
|
847.50 |
| INFOSYS
TECHNOLOGIES LTD.-ORDI |
2,182.00
|
2,205.00
|
2,151.00
|
2,182.75 |
| HEROHONDA
M |
550.00
|
554.00
|
542.30
|
550.35 |
| ZEE
TELEF LT |
138.85
|
139.90
|
133.25
|
134.80 |
| LARSEN
& TOUBRO LTD. |
1,140.10
|
1,144.00
|
1,105.10
|
1,113.60 |
| RANBAXY
LABORATORIES LTD. |
1,020.00
|
1,026.95
|
998.00
|
1,000.60 |
| HOUSING
DEVELOPMENT FINANCE CO |
780.00
|
787.95
|
768.55
|
771.30 |
| ONG
CORP LTD |
864.40
|
867.50
|
845.10
|
856.30 |
| RELIANCE
ENR* |
550.00
|
563.00
|
550.00
|
550.90 |
| WIPRO
LTD. |
676.00
|
683.00
|
667.10
|
671.45 |
| CIPLA
LTD. |
261.00
|
261.95
|
257.45
|
258.20 |
| HINDUSTAN
PETROLEUM CORP. LTD. |
342.00
|
344.00
|
338.10
|
339.90 |
| TATA
MOTORS |
464.50
|
470.00
|
460.25
|
463.65 |
| HDFC
BANK LT |
580.00
|
580.00
|
571.00
|
575.95 |
| BAJAJ
AUTO |
1,045.85
|
1,050.00
|
1,036.10
|
1,044.20 |
| MARUTI
UDYOG |
462.00
|
468.80
|
455.20
|
462.45 |
Last
Update : 2 March, 2005, 16:05PM
S&P
CNX Nifty
| Symbol |
Open |
High |
Low |
Last
Price |
| RELIANCE
|
547.00
|
551.95
|
544.55
|
549.65 |
| BHARTI
|
226.50
|
240.50
|
226.50
|
235.75 |
| TISCO
|
422.50
|
429.50
|
422.50
|
428.60 |
| INFOSYSTCH
|
2182.00
|
2205.00
|
2150.05
|
2187.05 |
| SBIN
|
699.00
|
709.50
|
697.50
|
706.40 |
| ONGC
|
863.50
|
870.00
|
853.55
|
856.80 |
| SATYAMCOMP
|
398.00
|
399.45
|
393.65
|
397.10 |
| SAIL
|
63.80
|
65.95
|
63.80
|
65.70 |
| MARUTI
|
468.00
|
468.80
|
454.10
|
462.10 |
| PNB
|
447.00
|
450.00
|
432.65
|
437.40 |
| TATAMOTORS
|
468.00
|
469.45
|
460.25
|
463.55 |
| ITC
|
1338.00
|
1347.80
|
1320.25
|
1340.95 |
| RANBAXY
|
1005.00
|
1027.00
|
997.15
|
1001.95 |
| ICICIBANK
|
375.00
|
396.90
|
372.60
|
389.50 |
| LT
|
1148.00
|
1148.00
|
1108.65
|
1113.80 |
| ACC
|
363.00
|
369.05
|
362.05
|
368.15 |
| TCS
|
1375.00
|
1375.00
|
1361.60
|
1368.00 |
| WIPRO
|
680.00
|
683.00
|
666.00
|
671.10 |
| ZEETELE
|
138.70
|
139.55
|
133.60
|
134.95 |
| TATAPOWER
|
398.80
|
400.10
|
393.60
|
397.60 |
| BPCL |
409.00 |
411.90
|
404.25
|
405.95 |
| IPCL
|
181.00
|
183.90
|
180.70
|
182.45 |
| GAIL
|
239.90
|
241.60
|
237.25
|
240.50 |
| HINDPETRO
|
341.00
|
344.00
|
338.00
|
339.90 |
| ORIENTBANK
|
324.00
|
330.80
|
323.25
|
326.95 |
| HINDLEVER
|
146.00
|
147.40
|
145.55
|
146.85 |
| M&M
|
543.00
|
547.25
|
535.30
|
538.15 |
| GRASIM
|
1332.00
|
1353.30
|
1332.00
|
1347.05 |
| GUJAMBCEM
|
430.00
|
447.90
|
430.00
|
443.30 |
| TATATEA
|
544.00
|
562.20
|
544.00
|
557.40 |
| BHEL
|
849.90
|
855.00
|
843.25
|
851.70 |
| HDFC
|
782.00
|
784.90
|
767.30
|
770.25 |
| HEROHONDA
|
550.80
|
555.00
|
540.00
|
550.30 |
| MTNL
|
133.75
|
134.45
|
131.25
|
132.20 |
| HINDALC0
|
1350.00
|
1373.00
|
1350.00
|
1362.40 |
| HDFCBANK
|
582.00
|
582.00
|
570.00
|
576.75 |
| BAJAJAUTO
|
1027.10
|
1050.00
|
1024.00
|
1044.45 |
| NATIONALUM
|
172.00
|
175.00
|
171.00
|
172.40 |
| HCLTECH
|
330.05
|
333.45
|
326.00
|
332.50 |
| SUNPHARMA
|
486.00
|
489.00
|
470.05
|
482.30 |
| CIPLA
|
260.00
|
261.90
|
257.50
|
258.10 |
| REL
|
557.50
|
561.00
|
550.00
|
551.50 |
| SCI
|
162.00
|
162.20
|
158.30
|
159.30 |
| TATACHEM
|
161.00
|
161.00
|
159.00
|
160.30 |
| DRREDDY
|
721.00
|
728.90
|
719.10
|
724.40 |
| VSNL
|
221.50
|
221.50
|
216.20
|
218.95 |
| GLAXO
|
727.00
|
750.00
|
727.00
|
748.60 |
| DABUR
|
114.50
|
116.95
|
114.50
|
115.75 |
| ABB
|
1298.00
|
1298.00
|
1267.55
|
1276.85 |
| COLGATE
|
185.70
|
189.20
|
185.65
|
187.70 |
Last
Update : 2 March, 2005, 16:00PM
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FIIs
pick up Rs342.8 crore in equities on Feb 28
Mumbai: The Foreign institutional investors (FIIs) were net buyers
in equities worth Rs342.8 crore( $78.3 million ) on Feb 28. They bought equity
worth Rs1058.3 crore and sold equity worth Rs715.5 crore. FIIs
were also net buyers in debt on Feb 28 worth Rs256.3 crore ($58.6 million).
Till Feb 28 they have been net buyers in debt to the tune of Rs256.3 crore
($58.6 million).
Till
Feb 28, FIIs have thus been net buyers in both equities
and debt to the tune of Rs599.1 crore ($136.9 million).
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Emami
fixes price band for IPO
Mumbai: Beauty and healthcare products manufacturer Emami Ltd has fixed
the price band for its initial public offer (IPO) of 50 lakh equity shares
between Rs60 to 70. The
issue of 50 lakh shares of Rs2 each will be at a price to be determined through
the book-building process. The issue opens for bids on March 4 and closes
on March 10," Emami officials said. The
issue is primarily to comply with clause 40A of the listing agreement, which
requires corporates to have a minimum of 10 per cent stock holding outside
the promoter group.
The public shareholding currently is around 3.92 per cent, he said. With the
addition of another 8.18 per cent through the public offer, the company will
have nearly 11.77 per cent public holding, officials said. Out
of the 50 lakh shares, five lakh shares have been reserved for allotment to
employees of the company at the same price as discovered through book-building
process.
The
book running lead managers to the issue are Anand Rathi
Securities Pvt Ltd and ICICI Securities Ltd while Datamatics
Financial Software & Services Ltd is the registrar
to the issue.
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Royal
Airways to make preferential issue to IL&FS
Mumbai: Royal Airways has approved a preferential
issue to IL&FS of up to 15.30 lakh 10-per cent unsecured
fully convertible debentures (FCDs) of Rs100 each, convertible
up to 37,15,394 equity shares of Rs10 each.
Royal Holdings Services Ltd, a Nevada-based investment
company, has a major stake in Royal Airways. Citigroup,
ABN Amro and Goldman Sachs hold over 10 per cent equity
in the low-fare no-frills airline, the statement said.
Royal Airways is the reincarnation of Modiluft, which
ceased operations in 1996.
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Granules
raises $8.65 mn through GDRs
Hyderabad: Granules India Ltd has raised $8.65
million through its first GDR (global depository receipts)
issue, which has now been listed on the Luxemburg Stock
Exchange. In a press release here on Wednesday, the pharmaceutical
company said the large investors such as GMO and Emerging
Market Funds have invested in the company through GDRs.
The company raised these funds to part finance its expansion
plans for backward and forward integration. Granules India
is currently setting up contemporary USFDA-compliant infrastructure
to manufacture strategic active pharmaceutical ingredients
(APIs).
The company said by way of forward integration, it was
in process of setting up a very large compression and
coating facility to manufacture finished dosages.
In the process, the company said it would emerge as a
preferred and a fully integrated out-sourced manufacturer
for its customers - International pharmaceutical companies
from the regulated markets.
Further, the company said the construction of the Paracetamol
plant, one of the strategic APIs, was nearing completion
and was expected to commence trial production by July
this year. Other projects were in various stages of finalisation.
The company said it has already implemented and commissioned
an ultra modern 7,200 tpa pharmaceutical formulation intermediates
(manufacturing plant at Gagillapur, near here. The facility
has received all the regulatory approvals such as USFDA,
Australian TGA and German Health Authority.
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Geojit
ties up with SAOG in Oman
Kochi: Geojit has tied up with global financial
investments SAOG, Muscat, in the Sultanate of Oman, in
order to offer a wide range of services, which will allow
NRIs to trade directly on the NSE and the BSE and also
enable them to subscribe to IPOs.
The products and services offered will include all equity
trading services, Indian and international mutual funds
and investment information, according to a Geojit press
release.
The company is also expanding its operations in the Gulf
region. The joint venture, Barjeel Geojit Securities,
will be headquartered in Dubai with an office in Abu Dhabi.
One more office is to be shortly opened in Sharjah.
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