MARKETS
MUTUAL FUNDS
Taurus Mutual's Discovery Fund reopens for sales
TAURUS Mutual Fund has reopened sales of Discovery Fund from Thursday. Inflows into this fund were halted because of valuation differences in the NDTV scrip. Over 5 per cent of the corpus of Discovery Fund was invested in the pre-IPO scrip of ...
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STOCKS
The dilemma of the L&T shareholder
TO sell or not to sell, to hold or not to hold; ordinary shareholders of Larsen & Toubro have been in a dilemma about their holdings during the last three days, May 18 and May 21 (Friday ) being the last trading days for the stock on the BSE and
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TECHNICAL ANALYSIS
Volatile movement
THE sentiment reading of the tradable counters stands bearish. Bull domination on Monday is likely to reduce the bear count to a bare minimum thereby neutralising the sentiment reading. Otherwise, the prevailing bearish sentiment is likely to ...
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STOCK MARKETS
SCI upbeat despite fall in stock prices
HERE is one PSU that is not much concerned with the flagging of its stock prices in the wake of the announcements of the new disposition at the Centre regarding applying the brakes on the disinvestments of well-heeled Government ...
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BEML on recovery trail
THE stock of Bharat Earth Movers Ltd (BEML) continued to attract buying on bourses. The BEML counter, which along with other PSU stocks, fell significantly last weekend and early this week, is on a recovery trail for the last three days. The ...
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Arbitration play
THE stock of cement and engineering major L&T moved up 9.69 per cent on its last day of trading on the NSE. The stock, which was suspended from trading on the BSE as on May 20, registered huge volumes on Friday. Dealers said that the counter ...
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DERIVATIVES MARKETS
GAIL: Buy June futures at low
THE following strategies are based on Friday's trading in the spot and the derivatives segments on the NSE: GAIL: The stock closed at Rs 170 in the spot market. It has recently declined from a high of Rs 245 to a low of Rs 106. The stock ...
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COMMENTARY
Sensex on a roller-coaster ride
MARKETS turned volatile again as the benchmark BSE Sensex closed the last trading day of the week on a positive note. The Sensex was up 29.46 points (0.6 per cent) on Friday. The 30-stock index opened at 4922.48 points, about 10 points lower ...
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IPOS
Wander to tap capital market
THE Mumbai-based pharmaceutical company, Wander Pvt Ltd, part of erstwhile Sandoz India, is planning to hit the capital markets after completing its merger with bulk drug manufacturer, Pearl Organics Ltd. Pearl Organics Ltd on Thursday informed ...
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OUTLOOK
Market players see sunshine round the corner
BROKERS, investors and analysts finish their day's work on Friday, with, no doubt, a sense of exhaustion from trying to analyse the past week and its events, but still managing to save some cheer for the better prospects in the week ahead. The ...
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Stock Quotes
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