MARKETS
MUTUAL FUNDS
MFs gear up for commodity products Exercise may begin with gold; SBI Mutual submits draft offer
MUTUAL funds that invest in commodity derivatives are almost at investors' doorsteps. Several fund houses are in the process of finalising products for launching their commodity funds. In fact, SBI Mutual Fund has already submitted a draft offer ...
More
Fund houses rush to meet investor base deadline
WITH barely three weeks left for the deadline, fund houses are scrambling to fulfil SEBI's requirement of a minimum of 20 investors in all their funds. The Securities and Exchange Board of India, through a notification issued in December 2003, ...
More
TECHNICAL ANALYSIS
Bear domination
BEARS were in total control of Wednesday's trading activity. The sentiment reading of the tradable counters stands bearish. Bull domination on Thursday has the potential to change the sentiment reading in their favour. On the other hand, the ...
More
STOCK MARKETS
As SEBI deadline nears on promoters' holdings Dabur Pharma witnesses sharp spurt in activity
THE Dabur Pharma stock is in the market buzz off late as the company grapples with the deadline for reduction in promoters' holding. SEBI has ruled that the promoters, including person acting in concert, have to bring down their holding to 75 ...
More
De-merger plan lifts Sintex Ind
SELECT institutional investors are buying the Sintex Industries stock even when it is trading at its all-time high level. Dealers said the interest has come after the company's plans to de-merge its textile division into a separate company. ...
More
Saregama Ind on song
THE stock of Saregama Industries Ltd surged sharply on the bourses on Wednesday amidst good volumes. The reason for the uptrend has been attributed to a statement made by the RPG Group Vice-Chairman, Mr Sanjiv Goenka in New Delhi that the ...
More
DERIVATIVES MARKETS
Price reversal likely in Infosys, Bajaj Auto
THE following strategies are based on Wednesday's trading in the spot and the derivatives segment on the NSE: Infosys: The stock closed at Rs 2,031 in the spot market. The outlook could turn positive if the stock moves above Rs 2,048. ...
More
COMMENTARY
Consumer durable, healthcare stocks gain
THE bout of consolidation and correction in stock prices that has set in since the beginning of the month continued on Wednesday. Excepting CNX Midcap 200, most of the major indices ended in negative territory. In the case of larger ...
More
IPOS
RPG Retail: Enam, SSKI, UTI in the fray to lead manage IPO
RPG Retail, which reportedly plans an initial public offer of Rs 100 crore in the first quarter of the next financial year, has three merchant bankers in the fray to secure the mandate for its IPO: Enam Financial Consultants, SSKI and UTI ...
More
Indoco Remedies fixes IPO price band at Rs 220-245
INDOCO Remedies Ltd has fixed the price band for its initial public offering at Rs 220 to Rs 245. The company is entering the capital markets with an IPO of 30,00,000 shares of Rs 10 each. The issue is a 100 per cent book building process and ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|