MARKETS
MUTUAL FUNDS
Investors in petro funds strike it rich
PETRO funds have emerged as the leaders among all sector-specific categories, beating their rivals in the technology, pharma and FMCG domains by wide margins. Investors in petro funds who had entered three months ago are already richer by ...
More
SEBI approves Principal buy of Sun F&C schemes
THE Securities and Exchanges Board of India (SEBI) has approved the acquisition of the mutual fund schemes of Sun F&C Mutual Fund by Principal India. The two companies had announced a memorandum of understanding for the acquisition in April ...
More
STOCKS
Jindal Polyester delists from UPSE, DSE
NEW DELHI: Jindal Polyester Ltd (JPL) has delisted its shares from the UP Stock Exchange (UPSE) and the Delhi Stock Exchange (DSE). A communication from the company to the Stock Exchange, Mumbai said that the shares have been delisted ...
More
TECHNICAL ANALYSIS
Bear-run arrested
Bull domination on Monday is likely to change the sentiment reading in their favour. Otherwise, the prevailing sentiment is likely to continue with a slight change in its value. Nifty futures recommendation: During the morning session of ...
More
STOCK MARKETS
Pantaloon Retail touches 52-week high
THE scrip of Pantaloon Retail, which has been on an upward trend, touched a 52-week high of Rs 307 today. The share is expected to appreciate by 30-40 per cent from the current level, according to brokers and analysts. Fund buying on the scrip ...
More
FIIs can issue PNs to entities supervised by regulatory bodies
THE Securities and Exchange Board of India today clarified that foreign institutional investors (FIIs) can issue Participatory Notes (PNs) to entities that are regulated by either a central bank, securities commission or a stock ...
More
SB&T scrip sparks off major buzz
THE SB&T stock on Friday created major buzz on the bourses. The traded quantity rode on the back of a few block deals. Of the total traded volume in the counter on the BSE of over 3 lakh shares, roughly 1.80 lakh shares changed hands mainly ...
More
The watchdog is moving
THE Securities and Exchange Board of India is understood to have pulled up a mid-size mutual fund for selling units at the NAV of the previous day to favoured investors. According to a source, the enquiry officer has found the fund guilty and ...
More
DERIVATIVES MARKETS
L&T: Outlook negative, buy February 540 puts
THE following strategies are based on Friday's trading in the spot and the derivatives segments on the NSE: L&T: The stock closed at Rs 542 in the spot market. The outlook appears negative. The downside price target is Rs 525. ...
More
COMMENTARY
Profit booking dampens bank stocks
AFTER the upsets of Thursday, the stock markets were marked by listless trading on Friday. The BSE Sensex opened the day on a weak note, at 5847.9 points, fluctuated by 123 points intra-day, but closed the day just a shade lower than Thursday, ...
More
IPOS
DCI kicks off IPO roadshow
THE excitement in the Indian primary market continued on Friday when the State-owned Dredging Corporation of India (DCI) kicked off its road show in Mumbai for its IPO of 56 lakh equity shares constituting 20 per cent of the fully diluted ...
More
IBP floor price to be declared today
THE Government will announce the floor price of IBP Co Ltd for its proposed offer for sale of 5.75 million shares on Saturday. The public offer will open on February 23 and close on March 1, a merchant banker associated with the process said ...
More
PUBLIC OFFER
IPCL issue oversubscribed on opening day
THE Government disinvestment process today kicked off on optimistic note with the issue of Indian Petrochemicals Corporation Ltd (IPCL) being oversubscribed on the day of opening. According to the data available with the stock exchanges, the ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds