Archive for May 28th, 2007

Security listed and admitted to dealings – MCDHOLDING

NSE Press Release

The security of the following company shall be listed and admitted to dealings on the Exchange w.e.f. May 30, 2007. Trading shall be in the Normal Market Segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Name of the Company

ISIN Code

1

MCDHOLDING

McDowell Holdings Limited

INE836H01014

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Exclusions from BSE Indices

BSE Press Release

In continuation to Exchange media release dated May 25, 2007 regarding replacements in BSE Indices, please note that following exclusions shall be made in BSE indices in addition to the list announced earlier:

Scrip Code

Name

Index

532178

Engineers India Ltd.

BSE PSU

509550

Gammon India Ltd.

BSE Capital Goods

The above exclusions would be effective from July 9, 2007.

As communicated earlier, revision in SENSEX, BSE Sectoral indices, BSE TECk and BSE PSU index shall be effective from July 9, 2007 while revision in BSE-100, BSE-200 and BSE-500 would be effective from June 4, 2007.

Kalyan S. Bose
Head – Corporate Affairs

May 28, 2007

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Markets close positive despite last hour selling - May 28, 2007

Selling in the last hours of trade has dragged the markets back to almost the opening levels.

CNX NIFTY closed the day at 4256.55 and is up 0.20%. CNX NIFTY JUNIOR closed at 8029.95 and is up 0.70%. CNX IT closed in the red at 5274.80 and is down 0.65%. BANK NIFTY ended the day at 6283.95 and is up 1.35%. CNX 100 closed up 0.27%.

On the Bank Nifty, 9 advanced and 3 declined. Gainers of the day are HDFC Bank, Bank of Baroda, Canara Bank, OBC and Bank of India. Losers of the day are UTI Bank, Kotak Bank and Union Bank. On CNX IT, 10 stocks advanced and 10 stocks declined. Gainers of the day are Patni, Tata Elxsi, Hexaware, HCL Insys and Rolta. Losers of the day include Tech Mahindra, Polaris, HCL Tech, IFlex and Mastek.

The Sensex closed at 14,397.89 gaining 59.44 points or 0.41%. Midcap index is up 1.03% while Smallcap index is up 0.95%. On the sectoral index, Auto, Bankex, Health care gained over a percentage point. Top Gainers on Sensex are HDFC Bank, L&T, Gujarat Ambuja, Maruti Udyog, Cipla, Bajaj Auto, Housing Development Finance Co, ACC, Reliance Communications and ICICI Bank. Top losers of the day are Hindustan Leaver Ltd, Infosys Technologies, Reliance Energy, NTPC, Satyam Computers, Wipro, TCS, Bharti Airtel, ITC and Hindalco.

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Markets open positive; Sensex gains 170 points - May 28, 2007 - 10:25 AM

Indian stock markets opened on a positive note with the Sensex gaining about 170 points in the early hours of trade this morning. Midcap sectoral index added 79.64 points while Smallcap index added 91.7. NIFTY is at 4286.10 and is up 0.89%. NIFTY JUNIOR is up 1.11%, CNX IT up 0.68% while BANK NIFTY is up 2.05% at few minutes post opening time of the stock market.

Banking stocks that witnessed heavy selling in the last two trading sessions surprising got the buyers attention this morning. The Bankex Sectoral Index on BSE is up over 2%. Metal sectoral index is up 1% while almost all other sectoral indices are marginally in the green.

Major gainers in the early hours of trade are HDFC Bank, Housing Development Finance Corporation, ICICI Bank, Reliance Communications, BHEL, ACC, State Bank of India, Bajaj Auto, Cipla and Dr. Reddy’s. Advancing stocks overnumber the declining stocks on the BSE

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