MARKETS
MUTUAL FUNDS
SEBI sets new format for info on fund houses
THE Securities and Exchange Board of India has stipulated the format in which key information memorandum of mutual funds should be filed. Information about fund houses including asset allocation between debt and equity, dividend policy, names ...
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More consolidation likely in MF industry: Study
THE domestic mutual fund industry is expected to go through further consolidation as smaller players get marginalised, global players enter the domestic market and large national players look to grow market share, according to a study by CREATE ...
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STOCKS
Tata Motors PAT up 122 pc Board approves listing on NYSE
TATA Motors Ltd today reported a 122.66 per cent rise in profit after tax for the quarter ended June 30, 2004, to Rs 223.36 crore against Rs 100.31 crore posted in the previous corresponding period. The board has approved a proposal to list ...
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TECHNICAL ANALYSIS
Sideways movement
WEDNESDAY'S market action witnessed a range-bound movement in the active counters. The sentiment reading of the tradeable counters stands neutral. Bear pressure on Thursday is likely to change the sentiment reading to bearish. On the contrary, ...
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STOCK MARKETS
Govt clearing decks for foreign hedge funds
THE Ministry of Finance and the Securities and Exchange Board of India (SEBI) are busy scratching the sheen off participatory notes (PNs) while they prepare to put up the welcome sign for foreign hedge funds to enter the Indian capital market in ...
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Essar Steel gains on good profit outlook
THE stock price of Essar Steel gained sharply on Wednesday on expectation of good financial performance in the first quarter. In today's trading, the stock gained 9.19 per cent at Rs 29.70 on the BSE with volume of 1.25 crore shares and on the ...
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Poor monsoon may haunt two-wheeler industry
A GROWING perception that inadequate monsoon could have impact on two-wheeler volumes saw investor interest moving away from counters such as Hero Honda and Bajaj Auto in the recent past. Brokers said the stock prices of these two companies have ...
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Excel Crop Care hits 52-week high
EXCEL Crop Care Ltd stock on Wednesday saw volume and price surge on major bourses on expectation that the company was in the process of establishing a business tie-up with Bufarm, the 10th largest crop protection company in the world and an ...
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Rumours brighten picture
RUMOURS of a stake sale continued to propel the stock of Balaji Telefilms northwards for the second consecutive day on the bourses. The market grapevine has it that Star TV is reportedly looking to pick up a stake in the company. The stock has ...
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COMMENTARY
Reliance Industries, IT stocks shine
THE market activity was distinctly listless during Wednesday's trading. Despite the flow of improved corporate performance, the benchmark indices were confined to a narrow range during the day. The BSE Sensex was closed 5.59 points lower at ...
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ECONOMIC OFFENCES
Alliance Capital still has exposure in `Samir Arora stocks'
ONE year after he quit Alliance Capital, a couple of stocks that were identified closely with Mr Samir Arora, the heavy-weight fund manager who was pulled up by SEBI for insider trading, still find favour with the fund house. A number of funds ...
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Stock Quotes
SE Diary
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