MARKETS
MUTUAL FUNDS
SEBI rejects ING Mutual loyalty bonus plan
THE Securities and Exchange Board of India has not approved ING Mutual Fund's proposal to present a loyalty bonus to elderly investors in its monthly income plan (MIP). The proposal had formed part of the MIP's offer document that was initially ...
More
Templeton assets under management cross Rs 16,000 cr
FRANKLIN Templeton Investments has announced that assets under its management crossed Rs 16,000-crore mark, through a company press release. The fund house currently manages Rs 16,067 crore across 43 funds. Franklin Templeton has recently ...
More
TECHNICAL ANALYSIS
Bear onslaught
THE valiant effort of bulls at the open of Wednesday's trading activity could not sustain the pressure of the bears, who were in total command of the day's proceedings. The sentiment reading of the tradable counters stands strongly bearish with ...
More
STOCK MARKETS
Sensex plunges 164 in bearish market
THE bulls seem to have started deserting the bourses as stock prices fell like nine pins for the second day in a row on Wednesday, erasing most of the gains made this year. Panic gripped the market as there were only sellers in most of the key ...
More
Padmini Polymers: CBI digs out shady deals
SHARES of Padmini Polymers (later renamed as Padmini Technologies) bought by SBI Mutual Fund in February 2000 were never paid for at the time of original allotment, claim Central Bureau of Investigation officials. According to them, the deal ...
More
Sintex Ind witnesses hectic activity
THE stock of Sintex Industries, though tanked 8.8 per cent today amid all-round selling in the market, attracted buyers at lower levels. As a result, the stock price dipped to Rs 116.40 from the previous closing of Rs 127.60, but the trading ...
More
Suprajit Engg to focus more on exports
THE stock of auto-ancillary Suprajit Engineering Ltd (SEL) has been marking spurts on the bourses in the recent past on sustained market interest amidst good volumes. The stock has appreciated by 44.5 per cent from a low of Rs 164 as on 17 Dec ...
More
Bitter battle on the floor
TWO prominent groups - one bear and another bull - are said to be locked in a vicious battle to outwit one another in the stock market. According to the market grapevine, while one group was trying hard to hold the Sensex above the level ...
More
DERIVATIVES MARKETS
Tata Motors: Outlook negative, buy January 450 puts
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: Tata Motors: The stock closed at Rs 458 in the spot market. The outlook on the stock appears negative. The near-term downside ...
More
COMMENTARY
Markets tank; Reliance, SBI inflict damage
THE stock market sentiment remained distinctly weak for the second day in succession on Wednesday. Reflective of the bearish undertone, the BSE Sensex dropped by 163.92 points or 2.8 per cent to settle at 5758.19. With the 142-point loss on ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds