Companies with scrip name starting with 'W' in 'Z' category of BSE :
W W TECHN HO
W.COAST BREW
W.I.INDUS.
W.MINISTIL
WALKER INDIA
WALL STR.CON
WALLST HS FN
WALVEKAR FRM
WARDEN CONST
WEBEL COMM.
WEBELSEN CAP
WELCOM COIR
WELLM INCA I
WELLWOR OVER
WELTERM INTE
WELWOR ELECT
WEST.ELECTR.
WEST.FRUIT
WEST.PAQUES
WESTERN FOOD
WESTON COMP
WHITE DIAM I
WHITE HOU CO
WHITEHAL COM
WHITEWAY PRO
WILWAYFORT I
WINDSOR CAP.
WINFARM AGRO
WINMORE TRAD
WOO YANG (P)
WOOLWAYS LTD
WORLD DIGIT.
WORLDLINK
WYETH LAB
WYN AQUA EXP
Companies with scrip name starting with 'X' in 'Z' category of BSE :
XYLON LOQUIT
Companies with scrip name starting with 'Y' in 'Z' category of BSE :
YAMA POLYMER
YAMINI INVES
YANGIR SYNTH
YASH TRAD FI
YENEPOYA MIN
YENKEY DRU P
YOGI PHARMA
YOGI POLYEST
YORK EXPORTS
YS PORCELAIN
YUVRAJ INTER
Companies with scrip name starting with 'Z' in 'Z' category of BSE :
ZEN GLOBAL
ZENERGY LTD.
ZILLION MEDI
ZILLION PHAR
ZODIAC CEMEN
ZORA PHARMA
ZUARI FOREX
Thursday, June 26, 2008
'Z' category companies of BSE - continued..part 9
'Z' Category companies of BSE - part 8
Companies with scrip name starting with 'T' in 'Z' category of BSE :
T.I. PHARMA
T.N.STEEL TU
TAK MACHINE.
TALAVADI ROC
TAM.JAI.MILL
TAMARAI MILL
TAMIL.SPONGE
TAMILNAD HOS
TAPARIA TOOL
TARAI FOOD L
TARRIF CINE
TASHI INDIA
TATA CONST P
TATIA GLOB
TAUR MUTU FU
TAURES NEW
TAURUS GEN
TAURUS-GEN
TAURUS-NEW
TCL TECHNO L
TEA TIME LTD
TEAKTEX PROC
TECHNO FORGE
TECHNOJET CO
TECIL CHEM.
TEKNOMIN A.E
TEKTRONIX IN
TELETEK (I)
TELSTAR LABS
TERAI TEA CO
TERRYFAB IND
TEXEL INDUST
TEXPLAST IND
TGF MEDIA SY
THACKER
THAKKARS DEV
THAKRAL SER
THANA EL SUP -Z
THANA ELE SU
THAPAR CONCA
THAPAR EXP.
THAPAR FIN.
THAPAR ISPAT
THAPAR OILS
THIRANI CHEM
THYROCAR LAB
TILAK FINANC
TIME SHIPING
TINA ELECTRO
TINNA FINEX
TIRTH PLAST
TIRU SEU H T
TIRUMALA FUJ
TIRUPATI FIB
TIRUPATI IND
TIRUPATI SAR
TIRUPATI STA
TISCO(SPN)
TITAN ALLOYS
TITAN FOODS
TITAN TRAD P
TIVOLI CONST
TMT(IND.)LD
TOBU ENTERPR
TOHEAL PHARM
TOOR SPINNER
TOSHA INTER
TOSHNIW CHEM
TOTAL EXPORT
TOWA SOKKI
TOWELS INDIA
TRACKPARTS O
TRAN FRE CON
TRANS & ELEC
TRANS ASIAC
TRANS IND GL
TRANS MEDICA
TRANS OCEAN
TRANS TECH F
TRANSGLOBELD
TRANSLAM LTD
TRANSMEDI IN
TRANSPORT CO
TRANSPOW.ENG
TREND EAS WE
TRENDY KNITW
TREZER OIL
TRIA FINE CH
TRIDENT PROJ
TRIDENT ST.
TRIGON ZINCO
TRILO TRD AG
TRIM.SYNTH.
TRIOCHE PROD
TRISTAR ENTE
TRISTAR SOYA
TRUPTI TWIST
TRYWEL INTER
TTG INDUSTRI
TUBETEC SEAM
TULASEE BIOT
TUMUS ELECTR
TUNG.PULP
TUNI TEXTILE
TURBO INDS
TURBO TECH
TURNKEY INT.
TUSCON EXPOR
TWIN ROSES T
TYPHOON HOLD
Companies with scrip name starting with 'U' in 'Z' category of BSE :
U G HOTELS R
U.P.LIME CHM
UBE INDUSTRI
UCALPOWERSYS
UCIL LEASING
UDAIPUR PHOS
UFM INDUSTRY
UMA FABRICS
UMA MAHESHWA
UMEDIX INDIA
UMI SPECIAL
UMRED AGRO
UMS TECHNO
UNI LEGEWEAR
UNI-METAL AL
UNI-TUBESLTD
UNIALKEM FER
UNICORN ORG
UNICORP IND
UNIFIED AGRO
UNIFRAX INDI
UNIJOLLY INV
UNILITE IND
UNILIV FOODS
UNIMODE OVER
UNIPLAS(P)
UNIPON
UNIQUE AGRO
UNIQUE ESTAT
UNIQUE ORGAN
UNIROLLEATHE
UNIROYAL MAR
UNISYS SOF H
UNITECH INTE
UNITED DRI T
UNITED LEA(N
UNITED MOTOR
UNITY AGRO.
UNIVERS CRED
UNIWORT INTE
UNIWORTH SEC
UNNO INDUSTR
UP MINERALS
UP TOWN TRAD
UPASANA FIN.
URVI CHEM
USHA (INDIA) LTD.
USHA HSG DEV
USHA IRON
USHA UDYOG
USHMA POLY
UTI 2000
UTI 5000
UTI MVUP 98
UTI.GR.MAS93
UTI.M.GAIN
UTI.M.PLUS
UV DER HORST
Companies with scrip name starting with 'V' in 'Z' category of BSE :
V R MATHUR
V R WOODART
V.P.TELECOM
VADILAL DAIR
VAFA AGRO LT
VAGHANI
VAISHNO CEME
VALLABH POLY
VALLY ABRASI
VALPLUS BIO.
VANTECH INDU
VANTEL TECHN
VARAHI DIAM
VARDHMAN LAB
VARDHMAN WIR
VARIND AGR C
VARUN CEMENT
VARUN MERCAN
VARUN POLY(P
VARUN SEACON
VARUNA AGRO
VATSA CORPOT
VAX HOUS FIN
VCCL LTD
VEDANT HOTEL
VEEKAY FIBER
VEENA TEXT
VEER ENERGY
VEERA TREATW
VEGEPRO FOOD
VELAN HOTELS
VELVETTE INT
VENKYS(IND)
VENTURA GUAR
VENUS VENT
VERGOLA INDI
VGP FINANCES
VHEL INDUSTR
VIA MEDIA
VIBRANT INVE
VIBROS ORGAN
VIC.GLASS
VICTORIA EN
VICTORY AQUA
VIDARBH IRON
VIDHARB PAP
VIDHI INDUST
VIDIANI AGRO
VIDIANI ENG.
VIF AIRWAYS
VIJAY REMEDI
VIJAY SHANTH
VIJAY SOLVEX
VIJAYA COM
VIJAYA LEAS
VIJAYA SHRI.
VIJAYKUM.MIL
VIJAYSH CAPI
VIJAYSHRE CH
VIKALP SECUR
VIKAS ASBEST
VIKRAM PROJ.
VIKSHIT ENG
VINADITYA TR
VINAYAK VANI
VINI METASPN
VINIYOGA CLO
VINSARI FRUI
VINTAGE FOOD
VINYOFLEX LT
VIPPY INDS
VIPRAS CORPO
VIPUL SECURI
VIR DEVELOP
VIRAJ FORGIN
VIRAL FILAM.
VIRGO POLYME
VIRTUAL INDS
VISAGAR POL
VISAKHA AQU.
VISHAL AGRI
VISHAL CHAIR
VISHAL COTSP
VISHAL FOOTW
VISHAL LATKO
VISHAL MELL.
VISHAL PAPER
VISHJYOTI TR
VISHNU SUGAR
VISHNUPRIYA
VISHVA ELEC.
VISHVAKR INV
VISHVPRAB TR
VISHWA.CEME.
VISION TECHN
VISISTH MERC
VISWA VISHAL
VITAL FOODS
VITARA CHEMI
VITTA MAZ(P)
VIVEK COMMER
VIVO BIO TEC
VIZAR AGROCH
VOLANT TEX M
VOLTAIR LEAS
VOLVO STEELS
VOLVO TERRY
VORA CONSTRU
VRUNDAVAN AG
VRUNDAVAN SE
VSD CONFINLT
VSM FINANCE
VVN MFG.
VYSALI PHARM
'Z' Group companies of BSE List - part 7
Companies with scrip name starting with 'S' in Z category of BSE :
S MAHA ISPAT
S P CAPITAL
S SUPER SPG
S V TRADING
S&S INDUS.
S.A.FIN.EX
S.R.OILS
S.S.ORGANICS
S.V.ELECTRIC
SAATAL KATHA
SABOO BROTHE
SACHS INDIA
SAFEPACK
SAGAR APPAR
SAGAR INV
SAGAR SILK
SAGAR SOYA(P
SAGAR SYSTEC
SAGAR T.RES.
SAHA KEIL
SAHAS AGRO
SAHAS CEMENT
SAI CAPITAL
SAI INDUSTRI
SAI WIRES IN
SAKET EXTRU.
SAKURA SEIM.
SALASAR INVS
SALEM TEXTIL
SALSTAR FOOD
SALZER CONT.
SALZER TEXT.
SAM LEAS PU
SAM-TUL INV.
SAMANA STEEL
SAMPACK TRAD
SAMPADA CHEM
SAMRAT ASHOK
SAMRAT HSG.
SAMRAT SPINN
SANCHAY FINV
SANCHNA TRAD
SAND PLAST
SANDEEP HOLD
SANDERSON
SANDUR LAMIN
SANDUR MAN
SANGAL PAPER
SANGAM ALUM
SANGAM EXPOR
SANGAM HEALT
SANGHI CORPO
SANGHI POLYE
SANGHVI ASBE
SANGHVI STEL
SANJAY LEAS
SANJIVANI AG
SANKARDEV CO
SANMAC MOTOR
SANMITRA COM
SANRHEA TECH
SANTOGEN EXP
SANTOWI POLY
SANYO IMPEX
SAPTARISHI A
SARAF SONS
SARDA PROT.
SARIKA PAINT
SARLA CREDIT
SARLA GEMS
SAROVAR MET.
SARTHAK GLOB
SARTHAK INDS
SARTHAK SECU
SARVES DIMON
SARVOTTAM ID
SATGURU AGRO
SATHE BIS
SATHYA KAMAL
SATNAM EXP.
SATYAM SILK
SAURABH ALOY
SAURASHTRAPB
SAV INFOCOM
SAVANI FINAN
SAVITR OVERS
SAVOY HERBAL
SAWACA BUSI
SAWANT FOOD
SBEC SYSTEMS
SBI MAGN.F94
SBI MAGNUM90
SBI MAGNUM95
SBI MUTUAL
SBI TAX PR94
SBI-MGN-EXPR
SCAN ORGANIC
SCANA COLOUR
SCANET EXPOR
SCENARIO MED
SCHEMATIC FI
SCHLAFHO ENG
SCINDIA
SCOTTEX INDU
SCRUPL CLOTH
SDFC FINANCE
SEA GOLD AQU
SEAHORSE HOS
SEARSOLE CHM
SEAX GLOBAL
SECALS
SECUN HEALTH
SECUR INDSTR
SEEMA IND.
SELLAIDS PUB
SENTIL AGROT
SERENE IND.
SFL IND.
SG GLOBAL EX
SH DHOOT
SH NEELAC L
SH VAT FIN L
SH VIJAY
SH.CHOLOCHEM
SH.KARTHIK P
SH.VAL GLASS
SHA ENG PLA
SHAAN INTER
SHABA CHEM.
SHAH CONSTN
SHAH FOODS L
SHAK ROD WIR
SHAKTI MET-D
SHAKTIMAN M
SHALIN HOTEL
SHANT SHEORY
SHAPER CHEMI
SHARADFIBRES
SHARADHA TER
SHARAT INDUS
SHARDA ISPAT
SHARDA SOLVE
SHARDA TEXT.
SHARMA E.HOS
SHARP TRAD F
SHATEX IND.
SHATRUNJAY E
SHAW WAL ELE
SHEEL INT.
SHEENA TEXT
SHEETAL DIAM
SHEETAL FIL.
SHEFALI PAPE
SHELL INFOTE
SHELL MERCAN
SHENTRACON C
SHERATON PRO
SHETTY INV
SHEZ LEATHER
SHGRANI
SHIKHAR LEAS
SHILPAX LAB
SHIV.SUIT
SHIVA EGG PR
SHIVA MEDICA
SHIVA PAP MI
SHIVA SUTEX
SHIVAGRICO
SHIVALIK LOH
SHIVAM APP E
SHIVANI VANA
SHONKH TEC I
SHR GAN ELAS
SHR JAGD POL
SHR NAR ALU
SHR.ISHAR AG
SHR.ISHAR AL
SHRE BHIKSHU
SHRE RAYAL P
SHREE ARAVEL
SHREE BENZOP
SHREE GANESH
SHREE IND.
SHREE JAGD P
SHREE MFG CO
SHREE POMANI
SHREE RANG F
SHREE RANI S
SHREE RUBBER
SHREE SHAKTI
SHREE SHALEN
SHREE SHYAM
SHREE SURGO
SHREEJI DYE
SHREEJI IND.
SHREEJI PHOS
SHREEKRIS BI
SHREENATH
SHREENATH IN
SHRI BHAGAVA
SHRI KALYAN
SHRI NICOSEC
SHRI OM TRD
SHRI RAJIVLO
SHRI SAINATH
SHRI VARDHMA
SHRIGANG IND
SHRIRAM BEAR
SHRISHMA
SHRUTI SYNTE
SHUBHAM INDU
SHUKLA DATA
SHUKR BULL
SHUKRA JEW
SHYAMKAM INV
SHYAMLAL HOL
SI CAP.&FINA
SI PRO DEV L
SICA BREWERI
SIDDHARTHA
SIDDHI VIN M
SIDHART PHAR
SIEL FIN SER
SIGMA CEMENT
SILKON SILK
SILVANIA CIN
SILVR OAK(I)
SIMCO INDSTR
SIMCO TRAD.
SIMPLEX TRAD
SIMTOOLS
SINDU VALLEY
SINGH ALLOYS
SINGHAL CEM.
SINGHAL SWRP
SINNAR BIDI
SIPANI AUTO
SIRDA CARB G
SIRHIND ENTE
SIRHIND STEE
SIRIS LTD.
SITAPUR PLY.
SIYARAM PODD
SJB TUBES
SKG SOLVEX
SKIP PLASTIC
SKR CHEMICAL
SKS LTD
SKYHIGH PROJ
SKYLEAD CHEM
SKYLINELEATH
SLM MANEKLAL
SMC CREDIT
SMELTERS IND
SNEH CONSTN.
SNEHADHR ENG
SNL BEARINGS
SOBHAGYA MER
SOFT INF SOL
SOFTBPO GLOB
SOL LIMITED
SOL.BUS (P)
SOL.PHARMA.
SOLAR FARMA
SOLARSON IND
SOLID CARB
SOLID CONT.
SOLIDAIRE
SOLITAIRE IN
SOM PHYTOPHA
SOMANI CEM.
SOMANI IRON
SOMANI STRIP
SOMANI SWISS
SOMESH.CEM.
SOMKAN MARIN
SONAL ADHESI
SONELL CLOCK
SONU SYNTH(P
SOU IND CO A
SOUNDCRF IND
SOURCE FIN.
SOUTH ASIAN
SOUTH GREEN
SOUTH POLE S
SOUTH.LATEX
SOUTH.MAGNES
SOUTH.SHELT
SOUTH.TOWN.P
SOUTHEAST AG
SOUTHER FUEL
SOUTHERN GAS
SP.PETROLUBE
SPAN DYESTUF
SPARC SYSTEM
SPARK PLUGS
SPARKLE FOOD
SPARKLING IN
SPARTE CER I
SPEARHEAD MT
SPEC.MARKET
SPECTR FOOD
SPEEDADE COM
SPL INDUST L
SPL TECHNOCH
SR.MEENAKSHI
SREE UMA PAR
SREECHEM RES
SRI CHAKRA C
SRI RAM.STEE
SRI SARBATI
SRI SIMH.CEM
SRI SKANDAN
SRILAKSHMIEG
SRIMAN ORG.
SRIMAN PETRO
SRINI SMELTR
SRINIVASA FE
SRISHTI VID.
SRIVEN MUL-T
SRIYANSH STL
SRP IND.
SRPL LTD
SRU SHARE BR
SRUSHTI SHOE
SS FORG ENG.
SSK FISCAL
SSL (INDIA)L
SSM MILLS LT
SSP POLYMER
STALLION GAR
STANDARD CHR
STANFORD ENG
STAR LEASING
STAR MACH.
STAR PREC.EL
STARVOX ELEC
STD.MED.PHAR
STD.SURFACT.
STEEL COMP
STEEL STRIPS
STEELAGE(P)
STEL.STR.&TU
STELLAR DRUG
STER GUJ HSP
STERL IND(P)
STERL.BASIC
STERL.GUARA.
STERL.HOL.FN
STERL.KALKAS
STERLING SPN
STERLING STR
STERLITE PRO
STI GRANITE
STI PRODUCTS
STIEFEL UND
STILBENE CHE
STILES I LTD
STONO MACHIN
STOTZ BLACK
STR GRE WOO
STRONTIUM FE
STURDY INDS
SUB PROJECTS
SUBH SILK MI
SUBHAKTI TEX
SUBHLAXMI EX
SUBWAY FIN.
SUDARSH.CEM
SUDE INDUSTR
SUDITI IND.
SUGAM AGROTE
SUJAN TR FIN
SUL INDIA LT
SULABHA ENGG
SUMAN MOTEL
SUMEX CHEM
SUN GRAN EXP
SUN SOURCE I
SUN STAR CH.
SUNCITY INDS
SUNDAY EXPOR
SUNDERBAN AQ
SUNFL FIN IN
SUNGOLD CAPI
SUNIL INDUS.
SUNITI COMM.
SUNRISE INV.
SUNRISE OLEO
SUNRISE ZINC
SUNST SOF SY
SUNSTAR LUBR
SUNTECK REAL
SUP.STAR WEL
SUPER DOMEST
SUPER POLYF.
SUPERB PAPER
SUPERIOR AIR
SUPERIOR SOX
SUPERIOR VAN
SUPERST DI F
SUPPL.FOODS
SUPRAPTI PLA
SUPREME CON.
SURAB.CHE.&I
SURAJ DIAMON
SURAJ INDUST
SURAJ PROD
SURAJ SECUR.
SURAJ STONEC
SURANA SECUR
SURBHI IND
SURLUX MEDI
SURYA FUN CT
SURYA INDUST
SURYA MORPHY
SURYACH SEAF
SURYAKRUPA
SURYO FOOD I
SURYODAY INV
SUSHANT CAPI
SUSHILA PULP
SUSHRI TRAD
SUSMIT TRADI
SUVARNA APAR
SUVARNA AQUA
SVA UDYOG
SVADESHI MIL
SVARAJ TRAD
SVL CAPITALS
SWAD IND.
SWAD.POLYTEX
SWADESHI IND
SWAIKA VANAS
SWARNA SECUR
SWAS RUBB
SWASTIK SAFE
SWASTIK SURF
SWET-CHEM AN
SWETAMBER ST
SWISSEN INTE
SYLPH TECH
SYLVANIA
SYNERGY FIN.
SYNTHETICS & CHEMICALS LTD.
SYNTHIKO FOI
SYP AGRO FOO
SYSTEM SECUR
Wednesday, June 25, 2008
'Z' category companies of BSE - part 6
Companies whose scrip name starts with ' Q' in Z category of BSE :
QST LIMITED
QUAL.ST.FORG
QUALITYPHARM
Companies whose scrip name starts with 'R' in Z category of BSE :
R B GUPTA FN
R R SECURITE
R.A.S.EXTRU
R.J.SHAH
R.K.SUITINGS
R.L.AGROTECH
R.S. CORPR
R.S.PETROCHE
RAASHI FERT
RAASI CEMENT
RABHA PLASTI
RADAN MULTI
RADIAN ROTOG
RAGH CEM MAN
RAGHAVA EST
RAGHU INDUST
RAGSAN PETRO
RAHI CHEM.
RAHIL INVEST
RAHUL DAIRY
RAHUL MERCHA
RAI INV.
RAINBOW BREW
RAJ IRR PIPE
RAJ.BALL&BE.
RAJ.PETRO
RAJ.TOOLS
RAJA BAHADUR
RAJANI EXTR.
RAJASTHAB PO
RAJASTHAN AM
RAJATH FINAN
RAJDOOT PAIN
RAJENDRA ELE
RAJESH MALLE
RAJESH SOLVE
RAJESH STRIP
RAJHANS FOOD
RAJINDER ALY
RAJINDER PIP
RAJINDER ST.
RAJKAMAL SYN
RAJKUMAR FRG
RAJLAXMI IND
RAJPR.CHEM.
RAJRATA SYNT
RAJSHRI FORE
RAJVEBH ELE.
RAKAN STEELS
RAM KAASHYAP
RAM LEATHER
RAMJIDAS CHM
RAMMAICA IND
RAMS TRANSFO
RANA MOHENDR
RANAKP EX IN
RANAKPUR EXP
RANBAXY LABO
RANE COMP CO
RANISAGAR CM
RANJEEV ALLO
RANK AQUA ES
RAPID INV
RAS FIN(PR)
RAS RESORTS
RASDHAR AGRO
RASIK PLAST
RATANGIRI TE
RATHI ALLOYS
RATHI INDIA
RATHI INDUST
RATNA DRUGS
RATNI INVEST
RATTAN VANAS
RAVI HI-TECH
RAVI SPIN.
RAVILEELA DR
RAVILEELA GR
RAVINAY TRAD
RAVINDRA TRA
RAVISH INFUS
RAVRAJ IMPEX
RAYMED LAB L
RCC CEMENTS
RCS VANASPAT
REACTO PAPER
REAL VAL APP
REALTIME FIN
REDEX PROTEC
REGAUL BLUE
REGENCY HOSP
REGENCY INV.
REGENCY SPIN
REGENT AGRO
REGENT CHEM.
REINZ-TALBRO
REJEND MININ
REKVINA LAB.
RELIABLE FIN
RELIANCE PET
RELSON INDIA
REMI PROCESS
REMI SALES
REMI SECURIT
RENCAL CHEM.
RENWAB.POW.P
RES.HSG FIN
RESPON IND
REVATI ORGAN
RG ISPAT
RGN SECURITY
RHUTU UDYOG
RIBA TEXTILE
RICH STONES
RICHG FIN SE
RICHLINE PH.
RICO AGROIL
RIDHI SYNTHE
RIDS SECURIT
RIKVIN FLOOR
RINKU POLY.
RISHABH AGRO
RISHABH IND.
RISHI OIL
RITESH EXPO.
RITESH POLYE
RIZVI EXPORT
RMI FOODS LT
RMI STEELS L
RN PAPER
ROBIN WORLD
ROCK COPCO(P
ROCK.LEAS
ROCKLAND TH.
ROCKLINE PRO
ROHINI STRIP
ROHIT TISSUE
ROLCON ENG.
ROPLAS
ROSE INVESTM
ROSE ZINC LT
ROSEBUD COMM
ROSEKAML TEX
ROSETTE RESO
ROTOFLEX IND
ROYAL INDUST
ROYAL RESORT
ROYCE MARINE
ROYCE MARINE
RSL INDUSTRI
RSL TEXTILE
RUBRA MEDICA
RUIA AQUACUL
RUNGT IRRIGA
RUPAL LAMINA
RUPANGI IMPE
RUSHABH CAP.
RUSHABH PREC
RUSODAY & CO
RUSODAY SECU
RUTRON INT.
RUTTONSHA IN
'Z' category Companies - BSE Companies list part 5
Companies in 'Z' category of BSE - Scrip name starting with 'O' :
OBEROI PLAST
OCEAN AGRO
OCEANIC INV.
OCTANORM (I)
ODYSS VID CO
OJAS TECHNOC
OKARA LEASIN
OLY.MGT.FIN.
OLYMPIA IND.
OLYMPIC OIL
OMNI DYECH E
ONIDA FINANC
ONIDA SAKA
OPAL TRADING
OPG METAL FI
ORBIT POLYES
ORDE IND.
ORG.CHEMOILS
ORGAN COMM.
ORIENT CONTA
ORIENT FABRI
ORIENT SYNTE
ORIENT VEGTX
ORIENTAL HSG
ORIENTAL IND
ORIND EXPORT
ORIONACIDCHE
ORIQUA EXPO.
ORISSA EXTR.
ORISSA IND
ORTON SYNTHS
OSEASPRE CON
OSIAN INDUST
OSWA SPI W M
OSWAL LEAS.
OSWAL OVERSE
OSWAL YARNS
OVERSEAS SYN
OVOBEL FOODS
OXEM APPAREL
Scrip name starting with 'P' in BSE 'Z' category :
P R CEMENTS
P.A.MILLS
P.A.SEAFOOD
P.C.I. CHEMI
P.L.ENTERPRI
P.L.FIN &INV
P.POLYSAC(NR
PAAM DRUGS
PAAM PHARM
PACKTECH IND
PADMANAB ALO
PAGITA LEAS
PAINTEX CHEM
PAL PEUGEOT
PALAYPU FINA
PALMA LABORA
PALS DISTILE
PAM RAFFIA
PAMPASA DIST
PAMWI PAPERS
PAN ASIA AGR
PAN ASIA IND
PAN AUTO LTD
PAN CLOTHING
PAN DRUGS
PANCHMAHAL C
PANCHWATI HL
PANDIAN GRAP
PANKAJ AGRO
PANKAJ PIYUS
PANTHER INDU
PANYAM CEMEN
PARAG.SHILP.
PARAKARAM TE
PARAMAX PHAR
PARAMOUNT CO
PARAN LTD.
PARAS. POLY.
PARASRAM CRD
PARASRAM IND
PARASRAMPURI
PAREKH DISTR
PARICHAY.INV
PARIJAT
PARIKH HERBL
PARK AVENUE
PARO LEAS FI
PARO SYNTEX
PARSH HOUS
PARTAP INDUS
PARTH ALUM.
PARTH IND.
PARTHOUSINGE
PASHUPATI CA
PASSARI CELL
PASUMAI IRR.
PASUPATI FAB
PAT-PARTH EN
PATEL FOOD
PATHEJA FORG
PATNI ENGG.
PATODIA TEXT
PAWAN PROT.
PEBBLE INVES
PEGASUS APPA
PENAR AQUA E
PENTA.SOLEC
PENTAFOUR PR
PENTOKEY ORG
PEOPLES INV
PERCOT MILLS
PERFECT PACK
PERK PHARMAC
PERSIAN CARP
PESTI.& BREW
PET PLASTICS
PFIMEX PHARM
PG INDUSTRY
PH TRADG
PHAR E.LABS
PHARMA COM
PHARMA PROD.
PHARMASIA
PHELIX APPL.
PHOTON CAP
PI INDUS.LTD
PINKY CHEMIC
PION AUTO
PIONEER ALLO
PIONEER CASH
PIONEER PROD
PIRAMAL HLDG
PITHAM POL P
PITHAMPUR ST
PITTIE CEM.
PITTIE FINAC
PIYUSH STEEL
PLATINUM FIN
PLUS FINANCE
PNB MUTUAL
PODAR KNITEX
POINT PLAST
POLAR MARMO
POLO HOTELS
POLYGENTA TE
POLYTEX(P)
POONA I HOTL
POONAM PHARM
POONAM RASAY
POWER FLOW
PR.VINYL FL.
PRABHU STEEL
PRADEEP DRUG
PRAKASH CER.
PRAKASH LEAS
PRAKASH SOFT
PRAKASH SOLV
PRAKASH WOOL
PRAMADA FINV
PRAMAN CAPIT
PRASANT PROT
PRATAP RAJ.S
PRAVEEN PROP
PREM KUTIR
PREM SOM FIN
PREMIER CAP.
PREMIER EXT
PREMIER HOUS
PREMIER LAMI
PREMIER POLY
PREMIER PROT
PREMIER SYN.
PREMIUM INDU
PREMIUM INTR
PRES HM POLY
PRESIDE SHOE
PRESTIG (P)
PRETTO LEATH
PREYANSHU EX
PREYANSHU ID
PRIMA AGR LT
PRIMA INDUS
PRIME METALS
PRIME PETRO
PRIME PROTEI
PRIMESOLVENT
PRIMUS CHEMI
PRISM FINANC
PRISM INFO
PRISM MERC C
PRISM MILLS
PRIYADAR FAB
PRIYADAR THR
PRIYANKA UDG
PRO FIN CAP
PROF.CIR.BRD
PROF.DIAM.
PROGR LEAS
PROGRES STEL
PROMINENT SE
PROTECH ELEC
PRUD SRI JAG
PRUD.POLYWEB
PRUDE ST B S
PRUDEN STOCK
PRUDENT CEME
PRUDENT.CAP.
PULSAR INTER
PUN.FIBRES
PUN.IRON&ST.
PUN.NAT.FERT
PUN.POWER
PUNJAB LEASE
PUNSUMI FOIL
PURITY FLEX
PURVA ENGNRS
PURVI ELECTR
PUSHPSON LTD
PYRAMID TRFN
List of Companies in 'Z' category of BSE part 4 - 'M' , 'N' scripnames
Companies in Z category with scrip name starting with 'M' :
M J PHARMACE
M K SECURITI
M P AGR INDU
M.B.INDUST.
M.M.RUBBER
M.P. POLYPROP
M.RAVJI OIL
MAA LEAFIN
MAC CHARLES
MACAGRO INDU
MACKINNON
MACRO INTER
MAD.HI-TECH
MADALSA AGRO
MADHU MILAN
MADHU REFOIL
MADHUMILAN F
MADHUR IND
MADHYAVAR.EX
MADRAS PETRO
MAFATL LUBRI
MAGAN INDUSR
MAGAN TRD FI
MAGICO EXP.
MAGNA IND.
MAGNUS RUBB.
MAH.EXPL F.
MAHA CHEMICA
MAHA ELEKTRO
MAHA EXPLOS
MAHADEV CORP
MAHADEV INDU
MAHAGAN.TEXP
MAHAMAYA INV
MAHANIVESH I
MAHASAGAR TR
MAHASHREE
MAHAVIR IMPL
MAHE AG IM S
MAHEND PETRO
MAHENDRA CEM
MAHES.PROT.
MAHESHWARI M
MAHVIRA FOOD
MAJESTIC IND
MAJESTIC SEC
MALAB TRAD C
MALANPUR LTH
MALHOTRA ST.
MALTITEXTILE
MALTITEXTILE
MALVIKA STEE
MAMTA STEELS
MANAV PHARMA
MANAV YARN
MANDOVI PELL
MANDOVI PELT
MANDSAUR FER
MANDU INDUST
MANGAL FIN.
MANGAL KNITS
MANGAL PROCE
MANGALWED SN
MANIPALFIN(P
MANIYAR PLAS
MANMADE SPIN
MANOJ SURGIC
MANOWAY INV.
MANRAJ HOUSI
MANSAR PAPIN
MANSAROVARPA
MANSINGH.OIL
MANSOON TRAD
MANSUKH INDU
MAPLE IND LA
MARAL FINANC
MARATH REF
MARDI SAMY C
MARDIA COPP.
MARG HOLD FI
MARIGOLD GLA
MARINE CARGO
MARKET CREAT
MARSONS TEXT
MARUTI COTEX
MARUTI INDUS
MARUTI ORG.
MARUTI PLAST
MARUTI SYN
MARUTI TELST
MARVEL INDUS
MARVEL VINYL
MASTER CHEMI
MATRU SMRITI
MATUSHRE TEX
MAXWO ORC IN
MAXWORT COUN
MAXWORTH ORC
MAYA AGRO P.
MAYA RASAYAN
MAYA RASAYAN
MAYA SPINNER
MAYAN HOTELS
MAYUR FLOOR
MAYURA ALLOY
MAZDA FABRIC
MAZDA LTD*
MAZDA PROPER
MCC INV LEAS
MCS LIMITED
MCSURE CAP.
MEDIA ONE
MEEKAN TRANS
MEENA STEL
MEFCOM AGR I
MEGA CORPORA
MEGA FIN IND
MEHAR DAIRY
MEHTA CAPLES
MEHTA HOUSIN
MEHTA RUBBER
MEHTA SECURI
MEHTA SULFIT
MEK SLOTTED
MELA QUILTS
MEMORY POLYM
MERCARD LTD.
MERCURY META
MERCURY PHY.
MERCURY TRAD
MERIND LTD
MERRY SHAREF
MERTINEZ ENT
MERVEN DRUG
MESCO PHARMA
METLEX CER(P
METRO OVERS
MEWAR MARBLE
MEWAT ZINC
MFL HOUS FIN
MFL STOCK BR
MH MILLS & I
MICAM LEATH.
MICRO ENERGY
MICRO FORGE
MICRO PLANTE
MICRON CHEMI
MIDEAST
MIDEAST INTG
MIDINDI INDU
MIDLAND IND.
MIDLAND POLY
MIDWEST IRON
MIDWEST LEA.
MIG-WELD&MAC
MIKDO TEXT.
MILE GLOBAL
MILESTONE OR
MILGREY FIN
MILK SPECIAL
MINHASS STEE
MINI DIAMOND
MINI SOF LTD
MIPCO INV
MIPCO SEAM.
MIRCH TECHN
MITHILA STL.
MIVEN MACHIN
MOBILE TELEC
MOD.INSUL.
MODEL FI COR
MODELLA WOOL
MODERN CEMEN
MODERN DENIM
MODERN SYNT.
MODERN TERRY
MODERN THRED
MODI ALKALIE
MODI THREADS
MODISTONE LT
MOHAN FIBRE
MOHATTA HECK
MOHINDR FAST
MOIRA WIRES
MONARCH DYES
MONEYCARE FI
MONICA ELECT
MONOTONA SEC
MONOTYPE IND
MONTARI INDU
MONTARI LEAT
MOONBEAM IND
MOONGIPA CAP
MORINDA OVER
MOT MIRA IND
MOTI ELECT.
MOTOROL (I)
MOULIK FINAN
MPL CORPORAT
MPL CORPORAT
MRPL(5)
MS INVEST
MS SECURITI
MS SHOES
MSD INDS.ENT
MUDIT FINLEA
MUKATI TRANS
MUKERIA PAPE
MUKESH ST(P)
MUKUND SYNT.
MULTI COFFSE
MULTIFARIOUS
MULTILAC SUR
MULTIPL.HOLD
MULTIPURPOSE
MUNAK CHEM(P
MUNIS FORGE
MUNOTH CAP M
MURABLACK
MUSK EXP MAR
MUSKAN FERRO
MUZZ STEEL
MYS KIRLOS
MYS PAPER
Companies with scrip name starting with 'N' in Z category :
N.S.DUNCAN
NACRO CHEM.
NAG.FINANCE
NAGAR AGRITE
NAGARJUN GRA
NAI SARGIK
NAINA SEMICN
NALIN CHEMIC
NAPA PAPERS
NAR MACP DRI
NARAIN JEWEL
NARAINGAR SU
NARIMAN PT.
NARMADA AGRO
NARMADA CE.
NASH INV TR
NAT.ALUM.CO
NAT.AUTO
NAT.SWITCHG
NATCO POLY
NATION GENER
NATRAJ FIN
NATURAL BIOC
NATURAL STON
NAVA BH.ENTE
NAVCOM IND L
NAVKAR BUILD
NAVSARI
NAYAGARA PAP
NB FOOT WEAR
NCC BLUE WAT
NCL MARBLES
NCL RESEARCH
NCLSECCOLORL
NEELAMA AGRO
NEELKANT MOT
NEELKANTH TE
NEENA CONSUL
NEHA EXPORT
NEIVELI CER
NEOGEM INDIA
NEPC PAPE BO
NEPC TEXTILS
NEPTUNE EXPO
NETWEST FIN.
NEVTIA SPINE
NEW BOMBAY P
NEW ERA URB.
NEW HORIZON
NEW IND IND
NEW PLASTOME
NEW SAGAR
NEW WORLD MD
NEW-INTEX MI
NIDHI GRANIT
NIDHI HLD PB
NIKUMBH D.P.
NILKANTH ENG
NIMBUS INDUS
NIRMAL METAL
NIRMAN CEMEN
NIRUP SYNCH.
NIRYAT SAM A
NISHANT PAPE
NISU FINCAP
NITIN ALLOY
NITIN INDUST
NIVEDITA MER
NIVENA EST F
NIVI TRADING
NIWAS SPG(P)
NOBLE BROTHE
NORTECH IND
NORTH STAR
NORTHERN PRO
NOVA ELECTRO
NOVA GRANITE
NOVA INT
NOVA IRON&ST
NOVA PUMECH
NOVA STEEL I
NOVA SURGIKO
NOVOTEX INDU
NP CHEWING
NRS TEXTILE
NU TECH ORGA
NU-TECH AGRO
NUBAL IND LT
NUCOR WIRES
NUFAB IND.
NUMECH EMBAL
NUMERO UN PR
NUTECH GLOBL
NUWARE (I)
NUWAY ORGANI
NYLOFILS IND
NEW C.CREDIT
NEW ERA ALKO
NEW ERA URB.
Saturday, June 21, 2008
Tips for curbing effects of Inflation on daily life
Rising inflation has started affecting every individual here are few proven tips for minimizing the effect of inflation on your hard earned money:
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Rework Your Household Budget:
In the times of rising prices, you need to spend your monthly household budget smartly. To maintain your lifestyle, you should limit the household expenses to 70 per cent of your monthly take-home income. "If it is exceeding the limit, you need to judiciously cut down on the unnecessary expense items," says Ramesh Dalal, V-P, Bajaj Capital Financial Planning Group. For example, you should buy the seasonal fruits and vegetables and avoid the non-seasonal ones, as they are expensive. Control the use of electricity and telephone and try to reduce the expenses on wardrobe, partying, gifts etc. by a certain percentage. You may also think of enhancing your earning capacity by changing to a better-paying job or doing some part-time work.
Insulate Your Long-Term Goals Against Inflation:
Do not let inflation affect your long-term mandatory goals like house purchase, education and marriage of your children and regular income for the retirement years."With the help of a qualified financial planner, incorporate the inflation factor in your long-term goals and invest the required amount regularly towards meeting those goals," says Dalal. For example, if you want to make provision of Rs 10 lakh for your 6-year-old daughter's higher education when she is 18, incorporating an inflation figure of 6 per cent p.a. will give you a figure of Rs 20 lakh at that point of time. Therefore, you should start an investment plan from now, which will help you accumulate Rs 20 lakh after 12 years.
Complete Online Share trading guide - for beginners and experienced
Review Your Financial Goals :
In the current scenario of staggering prices, there is a need to review your financial plans and investments as the expenses and corpus required to achieve financial goals may increase. So, you need to balance your portfolio so that it can generate better inflation-adjusted returns.
Diversify Your Portfolio:
Inflation impacts different sectors in different ways. "Due to current inflationary trends, one needs to have a well thought-out sector spread in his investment portfolio. While investing in companies, one should look at how they are being impacted by the rising input and borrowing costs," informs Ashish Kapur, CEO, Invest Shoppe India Ltd. For example, manufacturing companies or heavy industries, though their stocks, will be available at tempting valuations. However, chances are high that they will further fall in short term, owing to negative sentiment. Hence, investments should be made in large cap companies having economies of scale and their ability to handle input and borrowing costs.
Inflation Updates
Stay Invested in Equities:
For long-term investment goals like child education, retirement etc, equity can generate handsome inflation-adjusted returns. Therefore, In spite of the current volatile situation in the equity market, it is advisable to stay invested as this is a cyclical event and in the long run the markets are bound to rise. Hence, to achieve such goals one should be able to take a calculated risk. "Consider this bearish trend as a good entry point in garnering blue chip stocks," says Kapur.
Complete Online share trading guide
Invest your Money wisely :
Don't keep on accumulating your money in the savings bank A/c. Keep only 2-3 times of your monthly household expenses in the liquid form and invest the balance amount regularly in a well-diversified portfolio of equity, short-term debt, real estate, commodities and gold. It will increase your cash inflows and help you reduce the burden of rising prices.
Check The Real Return On Investment Portfolio:
Inflation eats into your net worth by reducing the real return on your investment portfolio. Real returns are inflation adjusted returns. For example, if you have a bank FD, which earns returns at 8 per cent p.a., and inflation is 8 per cent, then the real return on this investment is zero. Therefore, you should review your existing portfolio as well as make fresh investments to check whether your absolute returns are beating the rate of inflation by a good margin or not. Equity, commodities, gold and real estate are good investment options to generate a positive real rate of return. For short-term requirements, you can consider investing in the short-term funds or floater funds. It is generally seen that a high inflationary trend is followed by an upward revision in the interest rates. Hike in the interest rates will adversely affect your long-term debt portfolio. Therefore, during inflationary periods, it is wise to invest in short-term funds and wait to reap high returns.
Complete Online share trading guide
Add the Shimmer of Gold to Your Portfolio:
Historically gold has proved to be the perfect hedge against inflation. After adding gold in your portfolio, the risk remaining the same, the overall inflation-adjusted returns of portfolio can be enhanced. High inflation, in fact, puts an upward pressure on the interest rates, which in turn create uncertainty in the capital markets. During such times of crisis, gold as an investment avenue is a good bet. Investment in gold can be made in the form of bullion, coins, jewellery and Gold Funds Exchange Traded Gold Funds, among others.
Avoid Investments In Illiquid Assets:
Illiquid assets with low returns restrict the performance of a portfolio. So, try to exit from such investments and redeploy the amount in asset classes that generate better inflation-adjusted returns. For example, bank fixed deposits, post office recurring deposits, etc.
Inflation Updates
Monday, June 16, 2008
Tips for investing in share markets
As an investor a question always arises in one's mind when to buy or sell stocks??
while purchasing or selling stocks following conditions should be clear in the mind of an investor.
One should exit a stock if following conditions are validated and should use his/her intellect and analysis ability to come to a conclusion on basis of following seven most important points for exiting or investing in stock.
also read : Open your free online share trading account NOW!!
1. Stocks underperforming consistently :If the company has reported poor results in the previous two-three quarters and the stock price has not shown any upward trend, analysts recommend you should exit a stock.
also read : : Online Share Trading Guide
2. Over Valuation :You should closely look at valuation while selling a stock. Many a time, it happens that valuation is on the higher side of the range which is not supported by visibility of earnings and ownership.
also read : Daily BSE NSE NASDAQ Closing Rates
3. Costly Acqisition : Any value destructive acquisition, according to analysts, can lead to a three-four quarter effect on the stock price of a company. Thus, you should look to exit the stock for time being.
example - Tata motors stock rates in previous quarter after acquiring jaguar/rover brands since then the stocks of tata motors are on decline
also read :How to start online share trading
4. Global Conditions of Share markets : Analysts say you should also keep a check on the global cues, especially if the company shares have a majority of the sales overseas or its performance is linked to smooth functioning of operations in a foreign country.
example IT companies are much dependent on US markets and due to recession in US market shares of IT companies are on decline.
also read :Online Share Trading Guide - for beginners
5.Passive management :Keeping a close eye on the management practices may provide you the cue for a planned exit.Analyst feel that sometimes it so happens that the management turns selfish and is involved in unfair practices such as regular insider trading and exorbitant compensation.
also read :BSE NSE NASDAQ Closing Rates
6. Financial model of the company : Analysts point out that you should evaluate the financial model of a company on a quarterly basis . It will serve not only as a guide to the current performance of the company, but also what its future goals are and how is it working towards it.
also read :How to start online share trading??
7. Rising Costs of Inputs :Analysts say you should closely monitor raw material costs of the companies in which you have shares.For instance, in case of auto and capital goods sector, the prices of major raw materials such as metals and alloys have gone up but the price of finished products can’t be increased in the same proportion because of intense competition in the sector.
also read :Get free online share trading account
Wednesday, June 11, 2008
RBI raises repo rate by 25 bps to 8.00 %
Online Share trading guide
Reserve Bank of India on Wednesday unexpectedly raised its key lending rate by 25 basis points to 8.00 percent to contain inflation expectations but left all other rates unchanged. This is the first increase in the repo rate since March 2007
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Monday, June 9, 2008
9 june - Sensex Down 500 pts - Oil reaches $140 / barrel mark
June 9 - Share prices in India fell to their lowest levels so far this year on Monday, following a sell-off in global markets, crude oil inching closer to the $140 mark over the weekend, and amid talk it would touch $150/barrel sooner rather than later.
US markets fell sharply on Friday, and Asia followed suit Monday, as concerns about the health of the US economy resurfaced after data showed unemployment increased. But stocks on Dalal Street were the worst performers
across the globe as domestic concerns weighed and talk of Indian markets in a 'bear phase' spooked participants.
Even longer-term investors, already rattled by last week's slide, were quick to liquidate positions, following a similar pattern among foreign institutions.
"Indian investors get weak in the knees when FIIs start selling. The fundamentals are not the same as they were a few months back, and people are starting to believe the bear phase is actually here. We are largely under performing other markets because our economy is comparatively more sensitive to the rise in oil," said Viral Doshi, independent technical and derivatives analyst.
"I think the selling will continue. I don't expect to see any support coming in before Nifty reaches 4300 - the 38.2% retracement level from the January 2008 high to the March 2003 bottom," Doshi added.
National Stock Exchange's Nifty closed at 4500.95, down 127 points or 2.74 per cent from Friday's close. Intraday, it fell to a low of 4411.60--also the low so far in 2008.
Bombay Stock Exchange's Sensex plunged 506 points or 3.25 per cent to 15,066.10, off the low of 14,846.18. The high was 15,202.74.
Mid-and small-cap stocks were not spared either. BSE Mid-cap and Small-cap indices ended down 2.83 per cent and 3.63 per cent, respectively.
Ranbaxy Laboratories (up 3.87%), Reliance Communications (1.34%), Hindalco Industries (0.2%) were the only gainers in the 30-share Sensex.
Among the index losers, Jaiparakash Associates (down 8.65%), DLF (7.39%), ONGC (7.02%), HDFC (5.99%), Reliance Infrastructure (5.65%) and Wipro (4.85%) were severely beaten down.
Realty stocks were hit the hardest as increasing probability of a slowdown in the sector, rising input costs and little chances of interest rate softening weighed on sentiment.
Being a high-beta sector, when the overall market sentiment is weak, real estate stocks tend to perform very poorly, said analysts tracking real estate sector.
BSE Realty Index shed a massive 7.38 per cent with industry leaders DLF hitting a life low of Rs 475 and Unitech plunging to 52-week low of Rs 183.05. Other realty counters Akruti City (6.72%), Anant Raj Industries (5.55%), Ansal Infrastructure (8.1%), HDIL (8.81%) and Indiabulls Realty (6.06%) were also beaten down.
BSE Healthcare Index edged higher in the afternoon as investors chose to place their bets on the defensive sector. Ranbaxy rose 3.87 per cent sending the BSE Healthcare Index up 0.53 per cent. Other sectoral gainers comprised Lupin Laboratories (8.05%), Nicholas Piramal (up 2.89%) and Sun Pharmaceuticals (2.72%).
Market breadth was negative, with 2,170 declines and 474 advances on BSE.
Sensex slips below 15k, Nifty at fresh 2008 low
MUMBAI: Stock indices lost further ground after a plunge early Monday as traders were swift to sell shares tracking hefty losses in Asian and US markets. Domestic concerns over inflation and spiraling oil prices only worsened the situation, pushing the Nifty-50 Index below the previous 2008 low of 4448.50, making a fresh low of 4433.5 for the year.
also read
Do's and Dont's of Share Markets
“The Nifty may break the 4448 mark, the level from which it bounced back in January. In the Month of March, it came within breathing distance of 4468 but bounced back. So if Nifty breaks the level of 4448 now, it would make a lower bottom and comprehensively answer whether we are in a bear market. The breaching would immediately trigger selling by all those who had not blinked in January and March. Our advice is to protect your capital at all costs and do whatever is needed to implement this strategy,” Anagram Stock Broking said in a note.
At 11 am, the National Stock Exchange’s Nifty was down 191 points or 4.13 per cent at 4436.50. The Bombay Stock Exchange’s Sensex was down 677 points or 4.36 per cent at 14,893.57, making a low of 14,864.37. Jaiprakash Associates (down 8.08%), HDFC (7.81%), Reliance Infrastructure (7.05%), DLF (6.96%) and ONGC (6.35%) were the biggest index losers. There were no gainers in the 30-share index.
also read
Do's and Dont's of Share Markets
India's annual inflation rate in late May rose to 8.24 percent, the highest since August 2004, data on Friday showed. Crude oil jumped by $11 on Friday hitting a record high of $139.12 a barrel on fresh tensions in the Middle East. Oil prices edged lower to $137.7 on Monday.
Indian shares largely underperformed other Asian markets. The Nikkei was down 1.86 per cent and the Straits Times dropped 2.05 per cent. Markets in Hong Kong were closed for a holiday. Foreign institutional investors' contribution in buying equities remained negative in the year 2008 (till June 6) as they made gross purchases of shares worth Rs 3,86,594 crore and sold the same valued at Rs 4,05,254.60 crore, indicating a deficit of Rs 18,660.60 crore.
Thursday, June 5, 2008
Exchange-traded futures to be in currency next quarter: SEBI
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Corporate houses and investors will be able to trade in currency futures at exchanges in three months. Capital market regulator Securities & Exchange Board of India (Sebi) said here on Tuesday it was working with the Reserve Bank of India (RBI) to help companies and investors hedge their currency risks by introducing exchange-traded currency futures.
Sebi chairman C B Bhave said the next priority was introducing interest rate derivatives, in line with the regulator’s intention to let market participants offer as many products as possible.
Sebi is also working on providing a trading platform for small and medium enterprises (SME), Mr Bhave said addressing a meeting of industry body Assocham.
Exchange-traded currency futures will provide a hedging option in the currency market. The move comes in the backdrop of a sharp volatility the rupee has witnessed by rising to a three-decade high last year and weakening to a 13-month low in 2008.
A Sebi-RBI panel set up to advise on the futures had recommended introduction of currency futures market, initially for dollar-rupee contract, to enable investors manage volatility in the currency market.
The committee had suggested the minimum size of the currency futures contract at the introduction should be $1,000. The government allows trading in currency derivatives, including forwards and options, that are contracts bought and sold on demand and not traded on exchanges. The Sebi chairman said the regulator will also start working on interest rate derivatives.
Small and medium size companies can hope to raise capital from the market without going through the rigorous compliance requirements that bigger companies have to.
“We also have to see that we give access to markets. There are a variety of issuers in the country. It cannot be that there are only top 500 companies in the country.
Therefore, the next thing that’s engaging our mind is creation of an exchange for small and medium enterprises,” the chairman said. Sebi also ruled out relaxing curbs imposed last year on participatory notes, a derivative tool that enables unregistered foreign investors to invest in stock markets.
“Sebi has notified the regulations that arose out of October decisions,” Mr Bhave told reporters when asked if there was a proposal to amend the regulations on participatory notes.
India allows sovereign funds to buy shares directly
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India's stock market regulator on Thursday allowed sovereign wealth funds, university funds, endownments and charitable trusts to register as foreign institutional investors (FIIs).
The Securities and Exchange Board of India (SEBI) said in a statement asset management firms founded by overseas Indians can also register as FIIs, which will enable them to buy and sell shares directly through a broker.
Last year, the regulator had curbed the use of participatory notes, or P-notes, used by unregistered foreigners to take exposure in Indian stocks.
At that time, SEBI had said it wanted portfolio investors to register to help it track the source of funds.
live stock prices
IPO scam: SEBI starts disgorgement process
Securities market regulator SEBI on Thursday passed the first set of consent orders in the case relating to the IPO share allotment scam of 2006, signalling that the process of compensating retail investors who had lost out in share offerings is on course.
SEBI has signed the first set of consent orders with members of the Dadia family, who were identified as errant financiers in the IPO scam. In the process the regulator has said it had managed to collect Rs 71.75 lakh. Other entities such as financiers and market operators are also expected now to adopt this course of action to settle the proceedings initiated against them by SEBI.
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SEBI is expected to sign consent orders with several other entities who were accused of irregularities in the scam. The ill-gotten gains of these entities after disgorgement will then be used to compensate thousands of retail investors who had applied for shares in a raft of IPOs in the boom time period of 2005-06, but got short-changed as the allotment process was manipulated.
Retail investors who applied but failed to gain allotment in over 20 IPOs during 2005-06 will be compensated in line with the recommendations of the Justice Wadhwa Committee. For that to happen, SEBI will need to complete the consent orders with several other entities (reckoned to be over 80) disgorge the funds and then ensure that the total kitty is adequate to compensate investors. This could take some time but the process of disgorgement is now on track, an official said.
Last month, the Securities Appellate Tribunal in its order on Karvy said “it appears that after identifying financiers and beneficiaries of the scam, the board turned a Nelson’s eye towards them and chose to proceed against depositories and their participants and that too ex-parte.”
also read : Live Stock Prices
“It is just a matter of days now,” said an official familiar with the development. “There are quite a few consent orders that are past their final draft stage and will be released as soon as they are signed by the authority concerned,” he added.
The SEBI-mandated committee headed by Justice Wadhwa, appointed to work out the modalities of compensating investors who were cheated in the IPO scam, had suggested that they be compensated in monetary terms. It had worked a compensation of Rs 92 crore for the investors who had applied for shares in the retail category in the said IPOs.
This money was to be part collected through selling the frozen shares of the entities implicated in the scam, an amount estimated to be between Rs 60 crore and 90 crore. The case goes back to 2006 when SEBI barred various individuals and entities from dealing in the securities market directly or indirectly until further directions.
These included Roopalben Panchal, Karvy Stock Broking, Magnum Equity Services, Deep Stockbroking, Anagram Securities, Jhaveri Securities and Indiabulls Securities, among others. Further, entities like HDFC Bank, IDBI Bank, Centurion Bank of Punjab, Motilal Oswal Securities and Jhaveri Securities were barred from opening fresh demat accounts for failing to adhere to ‘Know Your Client’ norms. However, few of the aggrieved parties managed to get some respite by appealing against the order.
Meanwhile, the compensation package was to be based on the closing price on the listing day for all these IPOs, which include IDFC, Jet Airways and Suzlon. In essence, investors who lost out in these IPOs should be paid the difference between the offer price and the closing price on the listing day, the committee had said in its report. People who did not get any allotments were to be compensated first. Recently, SAT vacated the appeal file by SEBI against the depositories, saying since the depositories were not actually directly responsible in the scam (as in not ‘gorged’ any money, disgorging from them was illegal.)
Interestingly, legal experts are not surprised that the market regulator has taken recourse to consent orders for winding up the IPO scam investigations. Entities that request for a consent order have to furnish a written waiver from taking any legal proceedings against SEBI concerning any of the issues covered by the consent order. The recent past has been witness to few instances where the Sebi order was turned down by the Securities Appellate Tribunal (SAT).
Bond yields at 1 year high - Stock market updates
Federal bond yields rose to one-year highs early on Friday, after hawkish comments by the central bank and on concerns soaring inflation may dampen investor appetite at a 100-billion-rupee ($2.3 billion) auction.
At 9:04 a.m. (0334 GMT), the 10-year benchmark bond yield was at 8.21 percent, its highest since late-June 2007, according to Reuters data and above 8.19 percent on Thursday. It has gained 11 basis points so far this week on top of a rise of 18 basis points in May. Reserve Bank of India Governor Yaga Venugopal Reddy said on Thursday the central bank was ready to take recourse to its full range of instruments to anchor inflationary expectations.
live BSE rates
Sunday, June 1, 2008
June 2008 | BSE Closing Rates | NSE/NIFTY | NASDAQ | Closing rates
June 27/2008 - FRIDAY Closing rates :
BSE - Closing rate - 13802.22 - Down(-619.60)
NSE - Closing rate - 4136.65 - Down(-179.20)
NASDAQ - Closing rate - 2321.37 - Down(-79.89)
June 25/2008 - WEDNESDAY Closing rates :
BSE - Closing rate - 14220.07 - Up^113.49
NSE - Closing rate - 4252.65 - Up^61.55
NASDAQ - Closing rate - 2368.28 - Down(-17.46)
June 24/2008 - TUESDAY Closing rates :
BSE - Closing rate - 14106.58 - Down(-186.74)
NSE - Closing rate - 4191.10 - Down(-75.30)
NASDAQ - Closing rate - 2385.74 - Down(-20.35)
June 23/2008 - MONDAY Closing rates :
BSE - Closing rate - 14293.32 - Down(-277.97)
NSE - Closing rate - 4266.40 - Down(-81.15)
NASDAQ - Closing rate - 2406.09 - Down(-55.97)
June 18/2008 - WEDNESDAY Closing rates :
BSE - Closing rate - 15422.31 - Down(-274.59)
NSE - Closing rate - 4582.40 - Down(-70.60)
NASDAQ - Closing rate - 2457.73 - Down(-17.05)
June 17/2008 - TUESDAY Closing rates :
BSE - Closing rate - 15696.90 - Up^301.08
NSE - Closing rate - 4653.00 - Up^80.50
NASDAQ - Closing rate - 2474.78 - Up^20.28
June 16/2008 - MONDAY Closing rates :
BSE - Closing rates - 15395.82 - Up^206.20
NSE - Closing rates - 4572.50 - Up^55.40
NASDAQ - Closing rates - 2454.50 - Up^50.15
June 13/2008 - FRIDAY Closing rates :
BSE - Closing rates - 15189.62 - Down(-60.58)
NSE - Closing rates - 4517.10 - Down(-22.25)
NASDAQ - Closing rates - 2404.35 - Up^10.34
June 11/2008 - WEDNESDAY Closing rates :
BSE - Closing rates - 15185.32 - Up^296.07
NSE - Closing rates - 4523.60 - Up^73.80
NASDAQ - Closing rates - 2448.94 - Down(-10.52)
June 10/2008 - TUESDAY Closing rates :
BSE - Closing rates - 14889.25 - Down(-176.85)
NSE - Closing rates - 4449.80 - Down(-51.15)
NASDAQ - Closing rates - 2459.46 - Down(-15.10)
June 9/2008 - MONDAY Closing rates :
BSE - Closing rates - 15066.10 - Down(-506.08)
NSE - closing rates - 4500.95 - Down(-126.85)
NASDAQ - closing rates - 2474.56 - Down(-75.38)
June 5/2008 - THURSDAY Closing rates :
BSE - 15769.72 - Up^254.93
NSE - 4676.95 - Up^91.35
NASDAQ - 2503.14 - Up^22.66
June 4/2008 - WEDNESDAY Closing rates :
BSE - Closing rates - 15504.88 - Down(-457.68)
NSE - Closing rates - 4585.60 - Down(-130.30)
NASDAQ - Closing rates - 2480.80 - Down(-11.05)
June 3/2008 - TUESDAY Closing rates :
BSE - Closing Rates - 15962.56 - Down(-100.62)
NSE - Closing Rates - 4715.90 - Down(-23.70)
NASDAQ - Closing Rates - 2491.53 - Down(-31.13)
June 1/2008 - Markets closed - Sunday
Government opening forex trade in stock exchange for common man
Indian government is seriously considering of easing the norms(terms and conditions) for common man to start forex trading through indian stock markets including BSE(Bombay Stock Exchange) and NSE ( National Stock Exchange) or Nifty in near future.
The finance minister and members of all the stock exchanges of india had a meeting and final consent was given for the move. Common man must feel somewhat relaxed now as he/she can directly do forex trading in Stock exchange which was earlier possible for business houses and exporters as in earlier days the terms and conditions applicable for forex trading in stock exchanges were too restrictive and common man could not ever think for such trading in stock exchanges.
Also see How to start online share trading in stock markets?
This move would also make investment firms rethink of bringing back their investments back to indian subcontinent which were stopped due to government restrictions, so indians can see US dollar weakening with respect to Indian Rupee in near future and US $ will again come at under INR 40 due to this move.
Do's and dont's of Online trading in share market