Search Now

Recommendations

Monday, March 05, 2007

Market Watch & Insider Trades


Insider Trades:
House of Pearl Fashions Limited: Funds under the Management of FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited and its direct and indirect subsidiaries has pu8rchased from open market 351841 equity shares of House of Pearl Fashions Limited on 23rd Feb, 2007.

Shringar Cinemas Limited: Mr. Balkrishna Shroff, Director has purchased from open market 10000 equity shares of Shringar Cinemas Limited on 28th February, 2007.

Market Volumes:
The turnover on NSE was down by 12% to Rs89.61bn. BSE Capital Good index wasw the major loser and lost 3.05%, BSE Technology index (down 2.36%), BSE Oil & Gas index (down 2.30%), BSE Bank index (down 2.08%) and BSE FMCG index (down 1.68%) were among the other major losers.

Volume Toppers:
IFCI, SAIL, ITC, Gujarat Ambuja, IDFC, Balrampur Chini, Tata Steel, R Com, Reliance Industries, Bajaj Hindusthan, IVRCL Infrastructure, Nagarjuna Construction, NTPC, Hindalco, Ashok Leyland, Zee News, India Cement and HLL
Lower Circuit Filters:
GMR Industries, Nucleus Software, KEW Industries, Atlanta, Tanla, Anant Raj Industries, HOV Services and KS Oils.

Delivery Delight:
Apollo Hospitals, Bajaj Hindustan, Balrampur Chini Mills, Bharati Shipyard, Bhushan Steels, Dhampur Sugar, Dwarikesh Sugar, EKC, Financial Technologies, Hero Honda, HDFC, Jet Airways, Jyoti Structures, MTNL, NDTV, Praj Industries, Ranbaxy, Sakthi Sugars and Titan

Long Term investment:
M&M

Major News Headlines:

Inflation was 6.05% in week ended Feb. 17 vs 6.25%

Gujarat NRE Coke may sell shares in Australian unit: Reports

Patel Engineering Board to consider interim dividend March 9

Parsvnath to develop Film City centre at Chandigarh for Rs8bn

Ispat Industries plans to raise $500mn overseas

REL says it has bid to buy stake in Bumi's mines

Karuturi Networks Board recommends 1:1 bonus

ABG Shipyard gets Rs350mn rig order from Essar: reports

M&M launches new Bolero at Rs4.58 lakh