MARKETS
MUTUAL FUNDS
Principal MF set to launch global opportunities fund
PRINCIPAL Mutual Fund is set to launch a global opportunities fund. The fund will allow Indian investors to invest in equities of global companies that are traded in the American, European and Japanese stock exchanges. Mr Norman Sorensen, ...
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ING Vysya MF unveils MIP, index fund
ING Vysya Mutual Fund has launched a Monthly Income Plan (MIP) and an index-linked equity plan. The initial offer that opened this week closes on February 6. At a press conference on Tuesday, Mr Sushil K. Sharma, Chief Marketing Officer, said ...
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2 new funds from Deutsche Asset Management
DEUTSCHE Asset Management announced the launch of two new funds on Tuesday Deutsche investment opportunity fund and Deutsche MIP fund that seek to offer selected portfolios of stocks of companies that aim to outperform the BSE 200 ...
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ING Vysya MF in talks with FI
ING Vysya Mutual Fund is currently in a discussion with a financial institution that has a wide reach in Tamil Nadu to distribute its products. A key distribution vehicle in the State for the fund is its group company, ING Vysya Bank. Mr Sushil ...
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STOCKS
RBI raises margin on UCBs' advances on shares to 50 pc
THE Reserve Bank of India (RBI) has raised the margin on Urban Co-operative Banks (UCBs) advances against shares to 50 per cent from the earlier margin limit of 40 per cent. The margin of 50 per cent will apply to all fresh advances against ...
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BSE to delist 93 companies
THE Bombay Stock Exchange has decided to delist shares of 93 companies for not complying with the listing agreement of the exchange for more than five years. In a statement on Tuesday, the BSE said that in exercise of powers under the delisting ...
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TECHNICAL ANALYSIS
Bull domination
BEARS maintained their pressure during the initial hours of Tuesday's trading activity. But could not sustain as the bulls made a strong comeback and gained control of the day's proceedings. The sentiment reading of the tradable counters stands ...
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STOCK MARKETS
Sensex rebounds on fund buying
STRONG buying support from institutional investors in the afternoon propped up major stock indices that were looking lustreless in early trade on Tuesday. The buying in late trade helped the BSE benchmark, the Sensex, surge nearly a per cent ...
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Order hopes bring Hind Motors in focus
IN the midst of boom in the automobile stocks, the counter of Hindustan Motors was in limelight on Tuesday. The stock gained 19.55 per cent at Rs 22.55 with volume of 58.39 lakh shares on the BSE. On the NSE, it closed at Rs 22.40, up 20.11 ...
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Revamp talks boost BPL scrip
THE BPL Ltd stock has gained currency on the major bourses on a number of unconfirmed news. The average volumes in the last two sessions are much higher than that in the previous week. According to dealers, the operator-driven stock attracted ...
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DERIVATIVES MARKETS
M&M: Outlook positive, buy Jan futures
The following strategies are based on Tuesday's trading in the spot and the derivatives segment on the NSE: BSES: The stock closed at Rs 567. The outlook could turn negative if the stock fails to moves above Rs 574. In the event, short ...
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COMMENTARY
Sensex roller-coaster ends in positive territory
THE markets witnessed volatile trading activity as the benchmark BSE Sensex swung back and forth to close the second trading day of the week on a positive note. The 30-stock index was up 65.21 points (1.07 per cent). The index opened firm at ...
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ECONOMIC OFFENCES
SAT declines interim relief to Samir Arora
THE Securities Appellate Tribunal has asked the SEBI to speed up investigation into whether former Alliance Mutual Fund CEO, Mr Samir Arora, was guilty of non-disclosure and insider trading as alleged but refused to stay an order of the capital ...
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