MARKETS
MUTUAL FUNDS
Assured returns plans hurting MF growth: Study
COMPETING with attractive assured returns from Government schemes is the single biggest impediment to the growth of the mutual fund (MF) industry, according to a report submitted by Cadogan Financial. The report, titled `Reforms of mutual fund ...
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TECHNICAL ANALYSIS
Sideways movement
THE sentiment reading of the tradable counters continues to remain bearish. Bull domination on Wednesday is likely to reduce the bear count to a bare minimum, thereby changing the sentiment reading to bullish. More
STOCK MARKETS
Selling pressure pulls ONGC stock down 3 pc
THE ONGC stock today slipped by over three per cent on some concerted selling by a section of market players, who viewed the results was below expectation. The session-on-session volume rise suggested substantial selling. There were a few block ...
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Fear over numbers plunges media stocks in gloom
AFTER remaining firm for over a month, media company shares fell across the board on Tuesday on profit booking and concern that profitability would may not be as good as expected in the June quarter. There was also concern in the market over ...
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JISCO-JVSL merger ruling
TALK that the court judgment on the JISCO-JVSL merger is to come through shortly perked up interest in the JISCO counter. Dealers said that expectation that the ruling would go in favour of JISCO saw the company's stock surge by 5.45 per cent ...
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DERIVATIVES MARKETS
June Nifty futures ends in premium to the spot
NOTWITHSTANDING the settlement week for June contracts, lacklustre activity continued to plague the derivative segment on the NSE. Though the turnover improved marginally to Rs 7,990 crore on Tuesday against Monday's figure of Rs 7,116 crore, it ...
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FOREIGN INSTITUTIONAL INVESTORS
Platinum picks up 5 per cent in Union Bank
FOREIGN institutional investor Platinum Asset Management has bought a 5 per cent stake in Union Bank of India. The bank on Monday informed the National Stock Exchange that it had received intimation from Platinum Asset Management Ltd, as ...
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COMMENTARY
Budget blues at the bourses
UNCERTAINTY about the implications and direction of the impending Union Budget seemed to be weighing heavily on the minds of investors amid lacklustre trading on Tuesday. Most investors, including institutional clients, preferred to adopt the ...
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