Moneycontrol News Archive
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Sector Watch: Cement, media and gas
31st December, 2004 20:00
BSE Member Ramesh Damani and S Nagnath of DSP Merril Lynch are bullish on cement, engineering, technology, banking, and pharma.
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MFs set to storm markets with new schemes
31st December, 2004 18:17
The new year is all set to bring in mutual fund, MF, schemes you have never heard off before. Three dozen offer documents are filed with SEBI over the last couple
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Jain bullish on hotel stocks like EIH
31st December, 2004 17:26
Nirmal Jain, Managing Director at 5paise India Infoline said investors may buy into hotel stocks like EIH which is driven more by business travellers.
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Dwarikesh Sugar closes at Rs 133.55 on BSE
31st December, 2004 17:07
Dwarikesh Sugar listed at Rs 105.30 on the Bombay Stock Exchange today. The stock closed at Rs 133.55 a gain of over 105% over its issue price of Rs 65.
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MF equity IPOs mop up Rs 3,634 cr in 2004
31st December, 2004 16:39
Money garnered by equity IPOs soared to Rs 3,634 crore from 30 schemes as against Rs 519 crore by 10 schemes in 2003, while the Indian MF industry mopped up around
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Pharma industry set for product patent era
31st December, 2004 16:11
As India enters the product patent regime tommorow, the country's pharmaceutical industry is getting ready to meet challenges in the drug price war.
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Sensex closes firm, up 13% from last year
31st December, 2004 15:57
The Sensex closed up on a firm note with a gain of 80.15 points, or 1.23% at 6,603, gaining 13% from last year's close of 5,839 points. The Nifty closed up 20.7 po
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Markets on a year end party: Midcaps rally
31st December, 2004 15:52
The markets ended the year on a positive note. Most of the media, bank, technology, cement, pharma, and auto stocks rallied but metal stocks corrected.
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TV Today Network rallies on
31st December, 2004 14:50
TV Today Network has touched an intraday high of Rs 103.25. At 2:32 pm the share is quoting at Rs 101.40, up Rs 6.95, or 7.36%
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Rosneft takes steps to takeover Yukos unit
31st December, 2004 14:48
Rosneft moved on Friday, to take control of stricken oil major Yukos's key unit, Yuganskneftegaz, bought at a controversial auction which Yukos is challenging in t
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Market Watch: Sensex seen near 7500
31st December, 2004 20:19
The markets have ended 2004 with a bang. Analysts say, a secular bull run is in place, and expect the Sensex to hit about 7500 points in 2005, though the first two
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India faces BoP deficit of $3.25 bn in H1
31st December, 2004 18:47
Driven by a surge in import payments for crude oil, petroleum products and merchandise, India's balance of payments saw a deficit of $3.25 billion on the curre
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Oil mills in Gujarat feel earnings squeeze
31st December, 2004 18:30
Almost half of the total oil mills in the Saurashtra region have downed shutters due to pressure on earnings. The farmers too are complaining about the price of th
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Buy Hero Honda for long term: Jain
31st December, 2004 17:10
Nirmal Jain, Managing Director at 5paise India Infoline is bullish on Hero Honda. Jain said investors may buy the stock for the long term.
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Bonds and rupee end on a firm note
31st December, 2004 15:46
The rupee ended strong. It touched a nine-month high today on the back of a rise in several Asian currencies. Bonds rose after inflation fell to 6.5%. It fell on a
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SBI on acquisition path in 2005
31st December, 2004 15:35
SBI has got into a consolidation mode and announced that 2005 will see at least one domestic acquisition and several takeovers of Asian and African banks.
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Hold IPCL, may touch Rs 200: Bhambwani
31st December, 2004 15:05
Vijay Bhambwani is of the view that investors should hold IPCL. They may see a level of Rs 195-200 in the stock by budget time.
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Emami among major gainers
31st December, 2004 14:48
Emami has touched an intraday high of Rs 97.65. At 2:34 pm the share is quoting at Rs 97, up Rs 8.20, or 9.23%.
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UCO Bank hits a 52-week high
31st December, 2004 14:46
UCO Bank has touched a 52-week high of Rs 37.80. At 2:32 pm the share is quoting at Rs 36.80, up Rs 3.65, or 11.01%.
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