MARKETS
OPEN OFFERS
Price discovery process propels e-Serve International
THE simultaneous valuation processes of the e-Serve International stock in the open market and the reverse book building bids are clearly giving a signal of a price discovery way above the floor price of Rs 735, fixed by the Citigroup for ...
More
MUTUAL FUNDS
ABN Amro AMC to launch Liquid Fund
ABN Amro Asset Management Company is launching its fifth fund, the ABN Amro Liquid Fund. The initial public offer of the fund would open on August 31 and close on September 1. This completes the initial product portfolio of the newly set up ...
More
Chola Mutual launches floating rate fund
CHOLA Mutual Fund launched it floating rate fund, an open-ended income scheme that will invest in floating rate debt instruments. The fund will provide income consistent with the prudent risk from a portfolio substantially comprising of ...
More
TECHNICAL ANALYSIS
Bears prevail
BEARS maintained their pressure during the initial hours of day's trading. The sentiment reading of the tradable counters continues to remain strongly bearish. Bull domination on Tuesday is likely to change the sentiment reading in its favour. ...
More
STOCK EXCHANGES
BSE makes changes in indices; L&T replaces MTNL in Sensex
THE Bombay Stock Exchange (BSE) has made changes in its several stock indices. The changes have been made in the Sensex, BSE-100, BSE-200, BSE-500 and the BSE TECk indices. All these changes come into effect from September 27, a BSE statement ...
More
STOCK MARKETS
Turnaround talk helps Strides Arcolab
STRIDES Arcolab has been witnessing sustained buying interest in the recent past with the stock having moved up 13.43 per cent in the last three trading sessions from around Rs 138.10 levels. While the stock ended the day weak on Monday, there ...
More
Bullish undertone seen for cement cos
DESPITE concerns over the disparity in the demand-supply scenario in the south impacting the fortunes of the cement sector as a whole, a section of the market continues to look on it as a profitable cyclical story. There are those who believe ...
More
DERIVATIVES MARKETS
Outlook negative for M&M, OBC
THE following strategies are based on Monday's trading in the spot and the derivatives segment on the NSE: M&M: The stock closed at Rs 426 in the spot market. The outlook appears negative. The downside price target is Rs 411. Sell ...
More
FOREIGN INSTITUTIONAL INVESTORS
India Newbridge acquires 4.8 pc shares of Matrix Labs
INDIA Newbridge Investments Ltd on Monday acquired 7,00,000 equity shares of the Hyderabad-based, Matrix Laboratories Ltd (MLL), representing 4.81 per cent of the paid-up equity share capital through negotiated trades at Rs 1,500 per share. The ...
More
REGULATORY BODIES & RULINGS
SEBI mulls alternative trading platform for small, medium cos
THE Securities and Exchange Board of India's (SEBI) high-level committee is looking at setting up an alternative trading platform for small and medium enterprises, Mr G.N. Bajpai, Chairman, SEBI, told Business Line. This is following ...
More
COMMENTARY
Sensex ends flat after late recovery
DESPITE buying interest during the last hour of trading, the Sensex closed the first trading day of the week a tad lower. The 30-stock index was marginally down by 0.55 points (0.01 per cent). Sensex opened at 5105.26 points, marginally higher ...
More
IPOS
The `Google Guys' dodge the bullet
THE folks at Google are obviously not a superstitious lot as the search major has gone ahead with its blockbuster IPO on a Friday the 13th in the face of daunting market conditions: the Nasdaq, where Google plans to ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds