Investors must be choosy on electrical equipment stocks
In the past few weeks we are seeing more sectors bottoming out as many stocks are going into a major uptrend. Thus, the possibility that the bottom of 3491, attained on October 19, being a major bottom is quite high.

Moser Baer to raise $110 m by year-end for funding expansion
Data storage major MBIL is planning to go for external commercial borrowing and private placement of debt to raise a total of $110 million, to fund the third phase of capacity expansion at its Noida plant.

FIIs withdrew Rs 157 crore from markets last week
FIIs turned bears on the Indian capital markets and unwound their positions by Rs 157 crore during the week ended November 16 after remaining positive during the previous two weeks.


  Poor secondary market hits primary issues -- Shitin Desai


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