MARKETS
MUTUAL FUNDS
Canbank MF declares dividends
CANBANK Mutual Fund has declared dividends in Canequity Taxsaver, Canpremium, Cancigo, and Can Short-term Plan schemes under the income plan. A press release said that the third dividend of 15 per cent on a face value of Rs 10 has been ...
More
LICMF plans 3 new funds
STRONGLY viewing the current volatility in the Indian stock markets as a temporary correction phase, Jeevan Bima Sahayog Asset Management Company Ltd, managers to LIC Mutual Fund, has lined up three new funds for the next quarter, two of them ...
More
TECHNICAL ANALYSIS
Bears go on rampage
Bulls were successful in terminating most of the downtrend counters during the initial move. Further bear pressure on Tuesday is likely to change the sentiment reading as strongly bearish. Nifty futures recommendation: The March ...
More
STOCK MARKETS
Sensex drops 180 on bear attack
STOCK prices dropped like nine pins on Monday, pulling down major indices by over 3 per cent to new lows of this year. Even the Government's mobilisation of more than the disinvestment target in current fiscal failed to enthuse the market ...
More
Foreign funds inflow props up HCL Infosys
THE HCL Infosystems stock today swam upstream, thanks of spirited buying by some brokerages of foreign funds. According to dealers, HSBC is understood to have bought the stock substantially giving a fillip to its price. HSBC Mutual Fund already ...
More
Long march over?
SEVERAL investors are selling off their holding of steel stocks fearing that China will pour cold water on the sector's hot prospects. According to a market source, there is news that China will become a net exporter of the commodity by June ...
More
Bombay Dyeing beats the street
IN a day of an all round decline of the Sensex stocks, the Bombay Dyeing counter posted a gain of over 20 per cent on renewed speculation over the benefits to the shareholder for its property sale in Mumbai. The so-called market news suggested ...
More
DERIVATIVES MARKETS
ONGC: Outlook negative, buy March 760 puts
THE following strategies are based on Monday's trading in the spot and the derivatives segments on the NSE: ONGC: The stock closed at Rs 787 in the spot market. The outlook appears negative. The downside price target is Rs ...
More
REGULATORY BODIES & RULINGS
Aftek promoters to move SAT over SEBI order
THE promoters of Aftek Infosys Ltd have asked their legal advisors to move the Securities Appellate Tribunal with an appeal to set aside a recent order of the Securities and Exchange Board of India. A news release from the company said the ...
More
COMMENTARY
Steel, auto stocks witness sharp decline
An across-the-board selling pressure dragged down the BSE Sensex by 179.74 points to close at 5520.66 points. The S&P CNX Nifty declined by 48 points to close at 1763.40. Click here for table The bearish trend has ...
More
IPOS
NCAER study sceptical of IPOs
EVEN as the disinvestment of public sector oil companies through the initial public offer route has generated euphoric response among retail investors to the comfort of the Disinvestment Ministry, the National Council of Applied Economic Research ...
More
PUBLIC OFFER
68% retail investors to get IPCL allotment
ALLOTMENT to the retail investors in the IPCL issue has been pegged at around 68 per cent of total applicants. In the case of high net worth individuals, 100 per cent allotment has been made, according to a spokesperson from Kotak Mahindra ...
More
ONGC cut-off price at Rs 750; mops up Rs 10,534 cr
THE Government has fixed a cut-off price of Rs 750 per share for the sale of its 10-per cent equity in Oil and Natural Gas Corporation (ONGC) through a public offer, which closed on March 13 with the mop-up touching Rs 10,534 crore. The largest ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds