Myiris, Moneycontrol.com Stories

Myiris.com

Weekly wrap up: Market ends the week on a record high
JSW Energy plans USD 1 bn IPO

Jaiprakash Power to raise USD 1 bn via IPO
Dish TV sells 4.9% stake for Rs 2.5 bn
Essar Power to sell 10% stake to PE player

SAIL looks for JVs for coking coal projects in India, abroad
M&M quits from JV with Renault and Nissan
Inflation at 3.45% on high prices of furnace oil, bitumen & naphtha

-------------------------------------------------
Moneycontrol.com

India in the middle of an economic slowdown: Experts
Rel Pwr's 1st project to go onstream in 2009: Anil Ambani
Hyderabad infra cos flush with PE invt
Goyal to sell 5% by Mar on Sebi diktat

2008: New Year, new challenges for Indian advertisers
Rel Pwr has around 28,000 MW projects in hand: Anil Ambani
Subhiksha plans IPO this year


Source: Above blogs/sites. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

DeadPresident Blog Updates

http://deadpresident.blogspot.com


Weekly Technical Analysis - Jan 7 2008
India Market Outlook 2008
Top Picks - Jan 2008

Sensex hits new highs during the week
Analyst Meet - Future Capital Holdings
Future Capital Holdings Grey Market Premium

Moodys downgrade for Tata Motors
Tulip IT Services
Precious metals fall

India IT Services
Great Offshore, Religare, Sasken, SBI, Tata Motors
Nifty January 2008 futures at discount

Weekly Stock Ideas
Top Stories for week
Revathi Equipment
Blue Star, Ruchi Soya, Simplex Infra, Kalyani Steel, Pyramid Saimira

-------------------------------------------------------------

Source: Above blogs/sites. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Weekly Gainers: Rediff India

http://money.rediff.com/money/jsp/weekly_gainer.jsp



Company Group Prev Close (Rs) Current Price (Rs) % Change
+
HMT Ltd.
A
111.00
148.35
+ 33.65
+
Guj. Industries
A
133.90
177.65
+ 32.67
+
Bombay Dyeing
A
748.65
980.05
+ 30.91
+
Punj. Tractors
A
272.10
351.50
+ 29.18
+
Canara Bank
A
311.20
399.60
+ 28.41
+
EIH Ltd.
A
183.95
235.00
+ 27.75
+
Rashtriya Chem&Fert.
A
112.35
143.20
+ 27.46
+
National Fertili
A
81.20
102.10
+ 25.74
+
Hinduja Ventures
A
702.40
844.10
+ 20.17
+
GTL Ltd.
A
257.75
306.00
+ 18.72
+
Andhra Bank
A
105.50
124.65
+ 18.15
+
Tata Power Co.
A
1,391.30
1,626.80
+ 16.93
+
Asahi India Glass
A
115.70
134.85
+ 16.55
+
Reliance Energy Ltd.
A
2,155.30
2,510.35
+ 16.47
+
Essel Propack Ltd.
A
64.30
74.65
+ 16.10
+
Adani Enterprises Lt
A
1,094.20
1,269.60
+ 16.03
+
Indo Rama Synth.
A
62.50
72.30
+ 15.68
+
Parsvnath Developers
A
457.45
529.10
+ 15.66
+
CESC Ltd.
A
607.45
700.25
+ 15.28
+
Hind. Petrol
A
342.85
394.70
+ 15.12
+
Allahabad Bank
A
117.25
134.90
+ 15.05
+
JaiprakashAssociates
A
422.90
484.85
+ 14.65
+
Apollo Tyres
A
49.90
57.10
+ 14.43
--------------------------------------------------------------

Company
Group
Prev Close (Rs)
Current Price (Rs)
% Change
+
Nelco Ltd
T
155.40
235.00
+ 51.22
+
Net 4 India
B1
91.55
133.85
+ 46.20
+
Hind. Motor
B1
59.00
86.15
+ 46.02
+
Richa Knits
B1
31.25
45.05
+ 44.16
+
Regency Ceramics
T
21.35
30.70
+ 43.79
+
Atlanta Ltd.
B1
330.15
461.50
+ 39.78
+
Meghmani Organics Lt
B1
36.20
50.55
+ 39.64
+
Jindal Drilling
B1
1,305.00
1,813.80
+ 38.99
+
Allied Digital Servi
B1
741.55
1,027.30
+ 38.53
+
UCO Bank
B1
57.90
80.10
+ 38.34
+
SEL Manufacturing Co
B1
115.70
159.75
+ 38.07
+
Omnitech InfoSolutio
B1
153.65
210.85
+ 37.23
+
Super Spinning
B1
24.00
32.80
+ 36.67
+
Sir Shadilal Ent
B1
153.35
207.00
+ 34.99
+
Kinetic Engg.
T
148.80
200.85
+ 34.98
+
Gammon India
B1
580.00
781.45
+ 34.73
+
Carol Info Services.
T
87.35
115.75
+ 32.51
+
Nandan Exim
B1
7.31
9.67
+ 32.28
+
Torrent Power Ltd.
B1
189.80
250.50
+ 31.98
+
Adlabs Films Ltd.
B1
1,414.05
1,851.55
+ 30.94
+
City Union Bank
B1
364.10
476.75
+ 30.94



Source: http://money.rediff.com/money/jsp/weekly_gainer.jsp. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Weekly wrap: Sensex, Nifty scale new peaks

Weekly wrap: Sensex, Nifty scale new peaks



Global markets had a mixed run last week (December 31 2007 - January 4, 2008). Crude oil prices hit the $100 a barrel mark. But the Indian bulls shrugged off these factors and kept lapping up scores of large, medium and smallcap stocks on expectations of good results from India Inc for the October - December 2007 quarter.

The decision of the market regulator to permit short-selling by institutional investors played a role in keeping the sentiment upbeat. FIIs and domestic mutual funds were seen making heavy purchases once again. Reports that the government was mulling a hike in fuel prices contributed to the rise in values of a few oil stocks.

The Sensex ended with gains on four of the five sessions last week. After opening the week with a modest 80 point gain on Monday, the barometer, after a good run in the positive territory, pared its gains and ended just marginally up on Tuesday.

Though it bounced back after an early setback and finished with a gain of nearly 165 points on Wednesday, the index turned south and lost around 120 points in the next session due to heavy selling information technology, cement and a few other blue chip stocks.

The final trading session of the week saw the bulls stamping their supremacy in style. Despite weakness exhibited by stocks on the US and Japanese markets, the bulls remained busy right through the session on Friday and, despite being quite selective with their purchases, sent the Sensex soaring past 20,700 to a new high of 20,762.80.

While the Sensex ended the week with a gain of 479.94 points or 2.38 per cent, the Nifty moved up by 135.70 points or 2.21 per cent to 6274.30.

Among the sectoral indices, BSE IT and BSE Teck finished lower, losing 5.12 per cent and 0.98 per cent respectively. The PSU index gained the most surging as much as 8.28 per cent over its previous week's closing mark. The Power index moved up by 7.8 per cent.
The FMCG, Realty and Oil & Gas indices advanced by 6.3 per cent, 5.85 per cent and 5.41 per cent respectively.

The Bankex gained 4.56 per cent. The Consumer Durables index rose 2.51 per cent while the Auto, Capital Goods, Healthcare and Metal indices climbed up 1.25 per cent - 2 per cent. Except IT, Auto, Capital Goods and Teck indices, the other barometers scaled new peaks last week.
Mirroring strong buying in midcap and smallcap segments, the BSE Midcap (5.62 per cent) and Smallcap (7.62 per cent) indices also moved up sharply and hit new highs last week.
Though the benchmark indices raced to new highs and recorded handsome gains, buying remained selective for a better part of the week. Among Sensex components, as many as 14 stocks ended in the negative zone.

IT majors Tata Consultancy Services (down 6.9 per cent), Wipro (down 6.2 per cent), Satyam Computer Services (down 6.1 per cent) and Infosys Technologies (down 5.6 per cent) were prominent among the losers. Concerns over a possible drop in the revenues due to a surging rupee contributed to their fall.

Ambuja Cements eased by 3.7 per cent. Maruti Suzuki, HDFC Bank, BHEL, Mahindra & Mahindra, Cipla, Grasim Industries and Bajaj Auto lost 1 per cent - 2 per cent. ACC and Tata Steel, the other losers, closed marginally down. Reliance Energy attracted strong enquiries ahead of the initial public offering from Reliance Power. Reliance Energy holds a 50 per cent stake in Reliance Power, which is slated to hit the market on 15 January 2007 with its IPO of 26 crore shares with a price band of Rs 405 - Rs 450 a share.

NTPC (12.6 per cent), ONGC (9.5 per cent), Tata Motors (7.3 per cent), Hindustan Unilever (7.1 per cent), ITC (6.8 per cent), HDFC (6.4 per cent), ICICI Bank (4.7 per cent), DLF (4.6 per cent) ended with handsome gains.

Reliance Communications moved up by 3.7 per cent. Hindalco surged 3.2 per cent. Heavyweight stock Reliance Industries posted a gain of 3 per cent. Ranbaxy Laboratories and Larsen & Toubro ended stronger by 2.4 per cent and 2.3 per cent respectively while Bharti Airtel and State Bank of India edged up marginally.

BPCL (13.3 per cent), Reliance Petroleum (9.9 per cent), Unitech (7.9 per cent), Suzlon Energy (6.9 per cent) and Cairn India (5.7 per cent) ended the week with handsome gains. Idea Cellular, Punjab National Bank, Siemens, Nalco, GAIL India, ABB, Zee Entertainment and GlaxoSmithKline Pharma posted sharp to moderate gains while Sterlite Industries and Hero Honda closed with small gains. Sun Pharmaceuticals, HCL Technologies, VSNL and SAIL ended on a weak note.

Auto and auto components stocks Punjab Tractors, Kinetic Motors, LML, Ucal Fuel, Asahi India and Ashok Leyland closed with sharp gains last week.

Bank stocks UCO Bank (38.3 per cent), Canara Bank (28.4 per cent), Centurion Bank of Punjab (24.6 per cent), Bank of Maharashtra (18.3 per cent), Andhra Bank (18.2 per cent), Karur Vysya Bank (17.3 per cent), Allahabad Bank (15.1 per cent), ING Vysya Bank (13.9 per cent), Indian Overseas Bank (13.8 per cent), Oriental Bank of Commerce (13.5 per cent), Dena Bank (12.2 per cent), Union Bank of India (10.4 per cent) and Vijaya Bank (10.3 per cent) ended with big gains.
From the construction space, Atlanta, Gammon India, Parsvnath Developers, Hindustan Construction Company, MSK Projects, Peninsula Land, Patel Engineering, HDIL, IVRCL Infrastructure, BL Kashyap, Lok Housing, Sobha Developers and Simplex Infrastructure moved up sharply.

Hindustan Petroleum Corporation, RNRL, Gujarat State Petronet, Indraprastha Gas, Indian Oil Corporation, MRPL, Gujarat Gas and Essar Oil moved up. Engineers India, Atlas Copco, Finolex Cables, Alfa Laval, Voltas, Tata Honeywell, Bharat Earth Movers, National Fertilizers, FACT, SPIC, GSFC, Coromandel Fertilizers, Marico Industries, Colgate Palmolive, Archies, Dabur India, Rayban Sun Optics and Godrej Consumer Products posted strong gains.
Burnpur Cement, which made a sparkling debut on Thursday, ended the week at Rs 54.15, well off the issue price of Rs 12.

Other Sify.com stories

Cranes Software to acquire US company
Life insurers' club to swell, market to consolidate
India is a gas-long market: Anil
Gujarat Ambuja Exports bags orders to ship groundnut oil
TRAI submits final proposals on Internet Protocol TV

PFC mulls setting up financial advisory arm
Subhiksha plans IPO this year
B-school students opting for novel courses


Source: http://www.sify.com/finance . We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

ET Top Stories

http://economictimes.indiatimes.com/


Reliance Power IPO
Stockbrokers under lens for evading service tax
FIIs invest in shares worth Rs 16 cr on bourses
Govt expects Rs 2-lakh cr investment in aviation in 10 yrs

SAIL to invest Rs 10,000 cr for expansion of Rourkela plant
Future Cap IPO gets average rating
Forex reserves up by $2.8 bn
Annual inflation at 3.50%

Indo Asian sees FY-08 revenues at Rs 300 crore
Societe Generale broking arm to set up shop in India
ADAG to foray into power equipment manufacturing
Anil expects win-win solution on RNRL-RIL dispute

HPCL, Reliance among bidders for Bihar sugar mills
LG Elec shares jump on Q4 earnings hopes
Heard on the street
Short-sellers will make Indian market stronger

Brokerage Platter: Tulip IT, Subhash Projects
SAT to hear complaints against Reliance Power IPO on Jan 14
Re climbs on RBI comments, flow outlook
Gold zooms past Rs 11,000-mark

Private insurers outrun LIC agents


Source: http://economictimes.indiatimes.com . We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Sensex beats Chak De India in popularity poll

Sensex beats Chak De! India in popularity poll
ET-Dentsu Top Hits 2007: Sensex beats Chak De!

Emerging India is obsessed with winning. The turf is immaterial. So, whether it was the stock market, movies, cricket or simply enjoying good things in life, Indians feasted on a host of winners — expected, unexpected or out-and-out dark horses, who romped home in 2007. ET-Dentsu Top Hits 2007 survey, the second in succession, ranked anything from popular content to social phenomena, changing consumer habits to actual physical products that may have left a mark on Indians’ minds. Individuals, however, were excluded from the list as it only captures trends, not personalities.

Also Read
à
Top 10 NRI newsmakers of Year 2007
à
Predictions and Tips for 2008
à
Challenges for Corporate India in 2008
à
In '08, personal technology will drive innovations
à
Small companies feast on the New Year party
à
Top brands spend Rs 150 cr to start 2008 with a bang

Sensex, Chak De! India and Twenty20 Cricket World Cup victory led the hits parade in 2007 in an end-of-the-year online survey conducted by Dentsu India. The survey polled 2,227 individuals in the 16-60 age group. An initial consumer research brought down the list from 100 to 40, which was then included in the e-survey.

Sensex’s climb from 12,000 to 20,000, which left millions of investors rich beyond expectations, also came to virtually personify the buoyancy in the economy — a fifth year of average 8.6% GDP growth, jobs for the asking and zooming incomes. According to Nokia India MD (mobiles) D Shivakumar “The Sensex, in essence, captures a number of things: the state/mood of the nation, the acceptance of wealth creation, a move from old world socialism to celebration of capitalism. It’s a reaffirmation of the confidence in the Indian system today.”



Source: http://www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Myiris, Moneycontrol.com Updates

Moneycontrol.com


Rel Pwr's 1st project to go onstream in 2009: Anil Ambani
50% return from 308 stocks: Should you buy them?
See selling on each rise in mkts: Kotak Mah Bank
JP Asso looking to raise $1 bn via power arm IPO

Bank credit growth satisfactory: FM
Kotak Sec on Rel Power's valuations
Tulip IT bags Rs 57.72 cr order from Assam
Bilcare buys S'pore's co for S$20m

Largecaps scores over midcaps & smallcaps
Reliance Petroleum can test Rs 270-280: Baliga
Invest in cos with promoter holding above 80%
NASDAQ announces year-end index performance statistics

First 6 mths of '08 will be period of good cheer: Tata MF
Be cautious on Burnpur Cement
----------------------------------------------------------------
Myiris.com

Brokers Outlook: Upward trend to continue on Monday
FIIs turn net buyers in equities worth Rs 7,251 mn on Jan. 3
Forex reserves rise by USD 2,837 mn
Maharashtra Seamless buys facility in Romania; to invest Rs 3 bn

Spanco Telesystems bags Rs 137.5 mn contract
Tech Mahindra seek shareholders nod for merger
ICRA assigns IPO Grade 3 to Future Capital Holdings
Tata Steel, Hindalco most traded by MFs in Nov`07

Chidambaram to commence pre-budget consultations on Jan. 7
Alps Industries floats energy arm
Reliance Retail in talks with Carrefour to form JV
Rajesh Exports scouts for overseas partners
SBI revises deposit rates




Source: Above sites. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

VC, PE updates,Jobs from VCCircle.com, Indiape.com

VCCircle.com

Reliance Power IPO Mandate Makes JP Morgan Top Book Runner
Blackstone’s Gokaldas Open Offer Cleared By SEBI; To Open On Jan 9
Cyprus Fund Lakecrest To Invest $100M In Indian Hospitality, Tourism Sector

Gateway Rail Freight To Raise Rs 250-300 Crore; Kotak Is The Banker
TutorVista Plans To Raise $15 Million More To Bankroll India Expansion
ICICI Venture’s RFCL Acquires Godrej Diagnostics Arm And Alved Pharma

Tata Motors Declared Preferred Bidder For Jaguar, Land Rover Units
Contact Book Service Plaxo Up For Sale; Why Microsoft Should Buy It
NBC Universal Reportedly Buys 30% In NDTV’s UK Subsidiary

Chawla’s ‘94 Stake Buy In Catholic Syrian Bank Cleared; He Needs To Pare Holdings
PE-Backed Ramky Infrastructure Files For IPO
News Roundup: Alembic Buys Unit, Khandwala’s Retail Foray, Parsvanath’s Hotel Bet

Nirma Buys US Soda Ash Maker Searles Valley From Private Equity Owner
Lazard Plans $300 Million India Focused Private Equity Fund
Religare To Sell Stake In NBFC Arm To Private Equity Funds

Reliance Power To Price IPO At Rs 405-450; Largest Ever Issue To Open Jan 15-18
Kotak Mahindra Appoints Uday Bhansali As Investment Banking Head
Future Capital Fixes IPO Price Band At Rs 700-765; MCX Clarifies On IPO

Amit Burman’s Lite Bites, Jiggs Kalra In Foods JV
Anil Ambani Floats Tech Reliance For IT Foray; May Invest $2 Billion
Goldman Sachs, Macquarie Acquire 40% In PTC Financial For Rs 156 Crore

Indiabulls Swaps Hotel Property For 10% Stake In Gaming Company
Kotak PE To Invest $10 Million In Chandrababu Naidu’s Heritage Foods
M&A Roundup: HDFC Sells Stake In Life JV; Neolite Gets Austrian Partner

------------------------------------------
IndiaPE.com

Lazard to launch $300 mn private equity fund
Goldman, Macquaire to buy 20% each in PTC Financial
Kotak Venture buys into Heritage Foods



Source: http://www.vccircle.com and www.indiape.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Rediff, Deadpresident Updates

www.Rediff.com


Why criticism of the Rs 1-lakh car is wrong
To tax the small car 'like crazy' until an efficient mass transit system is in place is highly short-sighted.


• 10 tech trends that will shape 2008
• No tax benefit on gifts given to kin

• How safe are the Indian skies?
• How to be a good sole superpower

• What you would like to buy in 2008
• OIL chief on investment plans

• FM to start pre-bud talks on Jan 7
• Rise of Asia is a global good

• Beating the property gloom
• E-tax payment may be compulsory

----------------------------------------------------------------
http://deadpresident.blogspot.com


Reliance Power IPO Part Payment Details
Reliance Power IPO Allotment, Listing
Rakesh Jhunjhunwala Picks for 2008 ?
Weekly Close: Is 20k here to stay??
Reliance Power IPO
Sensex garners 480 points

Dish TV sells stake
Manaksia IPO Listing
Sensex scales new peak
Market pares gains in late trade
Post Market Commentary
Grey Market - Future Capital , Reliance Power, Aries Agro

News Snippets - Jan 4 2008
NTPC
Stream-line your portfolio
Gremach Infra, Ganesh Housing
FDI in Media to be increased
Mukesh v Anil Ambani



Source: Above sites/blogs. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.