MARKETS
MUTUAL FUNDS
MFs major bidders for NDTV IPO
THE initial public offer of New Delhi Television Ltd (NDTV) has been oversubscribed 4.8 times at the end of day three. Most bids have been placed by mutual funds, with financial institutions at a distant second. Mutual funds have applied for ...
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DSP Merrill plans to diversify tech fund
DSP Merrill Lynch MF may modify its technology fund to create a more diversified product, one that can invest in various other sectors. The issue of changing the scheme's investment objectives will shortly come under review. DSP ML, according ...
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TECHNICAL ANALYSIS
Bulls prevail
THE sentiment reading of the tradable counters remains bullish. Bear domination on Tuesday is likely to change the sentiment reading in their favour. Otherwise, the prevailing bullish sentiment is likely to continue with added ...
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STOCK MARKETS
UB Holdings up on block deal
THE UB Holdings today rose on the back of a block deal. The stock witnessed a block deal of 1.5 lakh shares in the total traded quantity of 1.6 lakh shares on the Bombay Stock Exchange. The stock closed at Rs 42.35, up 2.7 per cent from its ...
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Bank stocks gain on good credit growth, numbers
BANKING sector stocks continued to rise, as the credit growth in the fourth quarter of 2003-04 was robust. The focus on the sector is also on expectation of good financial results by most of the banks in the fourth quarter. The active buying in ...
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Cap off; buyers dig in
FOREIGN institutional investors were reportedly active buyers of the stock of ICICI Bank on Friday. Foreign buyers flocked to the counter after the Reserve Bank of India informed exchanges that the FII holding in the bank has gone below the ...
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DERIVATIVES MARKETS
Positive outlook for Tata Power
THE following strategies are based on Friday's trading in the spot and the derivatives segments on the NSE: Tata Power: The stock closed at Rs 414 in the spot market. The outlook will turn positive if the stock closes above Rs 426. In ...
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REGULATORY BODIES & RULINGS
SMILE: SEBI's health check for markets
THE Securities and Exchange Board of India (SEBI) has set up a high level task force to carry out a thorough "health check" on the securities markets infrastructure. The move follows the recent imbroglio in ONGC share allotment. Dr. P. J. ...
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COMMENTARY
Markets end flat after listless trading
THE markets appeared to lose steam on Friday's trading, after marching ahead for three consecutive trading days. Both the BSE Sensex and the S&P Nifty closed flat on Friday, after listless fluctuations through the day. The BSE Sensex closed the .
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IPOS
Sasken likely to float IPO to raise Rs 100 cr
SASKEN Communication Technologies, a telecom software solutions provider that counts Intel Capital and Citigroup among its investors, plans to raise close to Rs 100 crore through its IPO within six months, according to investment banking ...
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Stock Quotes
SE Diary
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