MARKETS
MUTUAL FUNDS
3 schemes of Kotak MF stable await SEBI nod
KOTAK Mahindra Mutual Fund has lined up three schemes, for which offer documents have been sent to the Securities Exchange Board of India for approval. These are: Kotak Floater Long Term, Kotak Income Plus - Aggressive and Kotak Midcap. The ...
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UTI close to finalising consultancy pact in Tanzania
UTI is close to wrapping up a consultancy agreement in Tanzania where it will help a local unit trust company to set up operations. UTI, which is currently India's largest asset management company with an asset base of Rs 20,000 crore or so, ...
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TECHNICAL ANALYSIS
Bull domination
THE sentiment reading of the tradable counters stands neutral. Bull domination on Thursday is likely to change the sentiment reading in their favour. Otherwise, the sentiment reading is likely to turn bearish. Nifty futures recommendation: ...
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FINANCIAL MARKETS
Chidambaram meets market players to allay fears
THE Finance Minister, Mr P. Chidambaram, today assured critical sections of the financial world that the new Government was committed to economic reform and was aiming a 7-8 per cent growth in GDP. "I am here to tell key economic players that ...
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STOCK MARKETS
Index heavyweights prop up market
TAKING a cue from the Finance Minster's approach to provide a healthy investment climate, the stock markets maintained the positive trends for the second consecutive day today. Propelled by sustained buying in index heavyweights such as ICICI ...
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Selling pressure on auto co
THE counter of auto-ancillary company Amforge Industries is on downward move over the last few days. Even on Wednesday, the counter of the company was down. It closed at Rs 78.15, down 1.20 per cent with volume of 81,986 shares. In the last one ...
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PSU bank stocks back in limelight
PUBLIC Sector bank stocks hogged the limelight on sustained value-based buying on the bourses on Wednesday. While dealers termed it as more of a technical bounce back, there is a perception that at these levels the stocks are attractively valued. ...
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DERIVATIVES MARKETS
ONGC: Outlook positive, buy June futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: ONGC: The stock closed at Rs 657 in the spot market. It has declined from Rs 948 to a low of Rs 510 in recent times. The ...
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COMMENTARY
Oil, banking stocks prominent gainers
THE market sentiment remained positive during Wednesday's trading. The key market indices recorded gains for the second successive day. The BSE Sensex closed at 4923.69, up 88.57 points over previous day's close. The overall business volume, ...
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Stock Quotes
SE Diary
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