Archive for December, 2007
The media had reports that PE investors may acquire 15-20 percent in the Company’s wholly-owned arm Nahar Retail for Rs. 120 crore.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Nahar Industrial Enterprises Limited has vide its letter inter-alia stated,”We wish to inform that the management of Nahar Retail Limited which is an unquoted Company has in the price discovery exercise of its equity shares had been talking to various Private Equity Funds as its associates for the purpose of enhancement of paid up equity capital of the Company required for promotion of Company’s business. However, as and when the final decision to allot the shares would be taken, Nahar Retail Limited would immediately inform its holding Company so as to comply with all the formalities required under the provisions of law.”
December 27th, 2007
The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. December 31, 2007. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.
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Sr. No.
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Symbol
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Name of the Company
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ISIN Code
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1
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BRIGADE
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Brigade Enterprises Limited
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INE791I01019
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December 27th, 2007
Value of deals reported on ICDM on 27th December, 07, through ICDM System is = Rs. 244.07 Crs.
Number of deals reported : 39
Please find hereinbelow data on F&O turnover (one sided) for the trade date 27th Dec 2007.
1.) Sensex Futures = Rs 1181.01 crores.
2.) RPL Futures = Rs. 2.48 crores
3.) Total F&O Turnover = Rs 1183.49 crores.
All the above values represent one sided turnover.
Kalyan S. Bose
Corporate Affairs
Bombay Stock Exchange Ltd.
December 27th, 2007
Nifty opened in the green and is up about 0.27%. Sensex is up 90.85 points and is up 0.45% in the first few minutes of trade.
The Information Technology sector however seems to continue to stay dull. The Large Cap IT stocks are marginally in the red while the Midcap IT Stocks are mixed. Infosys, Satyam and Wipro are all in the red.
Traders seems to be bullish on the Banking sector. Corporation Bank and Kotak Bank continued to see the uptrend are up over 1% this morning. ICICI Bank, HDFC Bank, Axis Bank, Union Bank of India are trading positive. SBI is at about Rs. 2425 levels.
Amongst the Midcap gainers of the first hours of trade are Amtek Auto, Ansal Infra, HCC, Shree Cement, Tata Chemicals, Ashok Leyland, Hotel Leela, BEML, Titan Industries, Chennai Petrol amongst others.
In the Telecom space, both Reliance Communications and Bharti Airtel are marginally in the red.
December 27th, 2007
Almost all the Asian markets are trading positive despite profit booking being evident in few of the markets particularly on the Nikkei 225.
Almost all of the Asian markets are trading marginally in the green. Nikkei 225 however is down by 0.53%. On the other hand, TSEC Weighted Index is up 2%. Midcap stocks are trading good as the TSEC Taiwan Mid-Cap 100 Index zoomed 204 points.
Earlier the US markets closed marginally in the green. NASDAQ is up 10.91 points, Dow Jones Industrial Average is up 2.36 points while S&P 500 is up 1.21 points.
Infosys Technologies Limited (INFY) ADR last traded at $46.64 up 0.33.
December 27th, 2007
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