The Hindu Business Line : Markets

March 1: The stock markets bounce back. The BSE-30 Sensex gains 221.46 points or 1.71 per cent to close at 13,159.55 points. The NSE S&P CNX Nifty ends 1.76 per cent higher at 3,811.20.

The stock of Indian Bank makes its debut on a volatile note on the exchanges; on the BSE at a 15.38 per cent premium at Rs 105 against its issue price of Rs 91.

March 2: The sensitive index loses close to 273 points while Nifty sheds 85 points.

March 3: The ICICI bank’s board approves a proposal to set up a new fully owned subsidiary — ICICI Holdings — and transfer to the entity, its investments in the insurance and mutual fund subsidiaries.

March 5: The Sensex loses 471.09 points or 3.66 per cent to end the day at 12,415.04. The Nifty declines by 4.03 per cent to close at 3,576.50.

Fresh wave of selling grips stocks across sectors.

Prudential ICICI Mutual Fund withdraws its scheme for paying an extra commission of 0.5 per cent to agents who brought in applications from investors with photocopies of their investments in post office schemes or RBI bonds. This follows a SEBI order to the fund house to withdraw the extra commission scheme.

Mr Francisco D’Souza, President and CEO, Cognizant Technology Solutions Corporation, remotely rings the Nasdaq opening bell from the company’s Chennai techno-complex

March 7: Singapore Exchange Ltd acquiring five per cent stake in the BSE for Rs 189 crore as part of its strategy to create an Asian gateway for securities and derivative products.

March 8: The Securities and Exchange Board of India withholds clearance of HFCL Infotel Ltd share sale document "till the proceedings" pending against the promoters and associates of HFCL including HIL in another case are disposed of by the regulator.

SEBI mulls changes in listing agreement

March 13: BNP Paribas S.A. becomes the single largest shareholder in Geojit Financial Services Ltd through a preferential allotment of 5.68 crore shares and 2.28 crore warrants. Geojit is being rechristened `Geojit BNP Paribas Financial Services Ltd.’

Over 34-lakh demat accounts of investors, who failed to submit their PAN card details by the deadline of December 31, have continued to be frozen by depositories CDSL and NSDL.

March 15: The Securities and Exchange Board of India suspends, with immediate effect, the registration of 121 stock brokers for six months.

March 18: The Board for Industrial and Financial Reconstruction orders the stock exchanges, including the Bombay Stock Exchange, to lift the suspension on trading of Dunlop India’s shares.

The Netherlands-based Robeco Groep NV, part of the European banking major Rabobank Group, buying 49 per cent stake in Canara Bank’s asset management arm — Canbank Investment Management Services Ltd.

The units of Gold BeES, the country’s first gold exchange traded fund from Benchmark AMC lists at Rs 1,000 on the National Stock Exchange.

March 22: Sustained buying in banking, capital goods and auto stocks takes the Sensex to 13308.03, up 2.8 per cent or 362.15 points from its previous close.

March 23: Citigroup Venture Capital International, the private equity arm of Citigroup Inc, buys 19.9 per cent in Anand Rathi Securities Ltd for an undisclosed sum.

Events 2007 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

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