The Telegraph - Calcutta : Business

| Saturday, January 24, 2004 |

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Moody market in merry-making mode

Share prices today broke away from the downtrend over the past three sessions and notched up gains not seen in four years. The sensex gained 222.90 points to close at 5816.64 on rumours that Sebi would soften its stand on participatory notes. ... | Read..

Sebi clears the air, investors feel relieved

The Securities and Exchange Board of India (Sebi) today ruled that foreign institutional investors (FIIs) will have to p ... | Read..

Easier to borrow abroad

Moody’s upgrade of India’s foreign currency rating to investment grade will make it easier for domestic companies to rai ... | Read..

Maruti net zooms 183% in Q3

Maruti Udyog, the country’s largest car maker, reported a 183 per cent jump in net profits in the third quarter ended Decemb ... | Read..

Ranbaxy profit takes a beating

Pharma major Ranbaxy Laboratories reported a 9 per cent decline in net profit to Rs 175.8 crore compared with Rs 191.7 crore ... | Read..

Moody market in merry-making mode

Sensex

5816.64

+222.9

Stock Indices

BSE-100	3027.78	(+148.88)
S&P CNX Nifty	1847.55	(+77.05)

Gail files prospectus for public issue
Gail (India) Ltd today filed the draft prospectus for the public issue of the government’s 10 per c.. | Read..

Banks develop a taste for good tea companies
Banks are willing to finance tea companies with good creditworthiness even as the Indian Banks’ As.. | Read..

Makeover for Indigo, Sumo on the cards

Tata Motors plans to launch upgraded versions of Indigo and Tata Sumo. This is in line with the.. | Read..

Flexi-value AirTel prepaid plan

AirTel, the cellular mobile operator, today launched two pre-paid schemes as part of its aggres.. | Read..

Cement excise duty cut sought

The cement industry has urged the government to slash the excise duty on cement as it was posin.. | Read..

AROUND THE GLOBE

Microsoft profit down 17%

Microsoft Corp, the world’s largest software maker, said on Thursday its quarterly profit fell 17 p.. | Read..

MARKET WATCH

Mutual Funds

Inflation rises to 6.21%

Share Prices

Name	BSE	NSE
HLL	195.05 (+2.01)	195.02 (+1.85)
ITC	1039.08 (-38.65)	1028.08 (-50.85)
Infosys	5484.45 (+310.08)	5461.25 (+287.05)
Reliance	559.02 (+26.00)	557.85 (+22.06)
Wipro	1723.04 (+87.85)	1719.95 (+80.95)
Zee	155.95 (+13.01)	155.25 (+12.55)

Foreign Exchange

US $1 : Rs 45.36	UK £1 : Rs 83.87
Euro : Rs 57.88	Yen 100 : Rs 42.79

Bullion

Bombay
Gold Std (10gm)	Rs. 6175
Gold 22 Carat	Rs. 6130
Silver bar (1kg)	Rs. 9705
Silver Portion	NA