MARKETS
MUTUAL FUNDS
MFs launch floaters hoping interest rates to move up
WITH the fears of interest rates hardening in the short-term,; mutual funds have started introducing new floating rate schemes, which will enable one to invest in floating rate debt instruments, in order to give returns in line with the interest ...
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TECHNICAL ANALYSIS
Bear-run arrested
BULLS took charge of Tuesday's trading activity. However, the sentiment reading of the tradable counters stands bearish. Bull domination on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ...
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STOCK MARKETS
UltraTech Cemco makes debut on exchanges
THE UltraTech Cemco stock made its debut on the stock exchanges on Tuesday, closing at Rs 260.35 per share on the BSE and Rs 268.82 on the NSE. With this, both Grasim Industries and L&T appear vindicated in their stand that the demerger of ...
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Breather for auto stocks
AUTO stocks appeared to have come in for a breather on Tuesday in the wake of oil prices dipping below $46 and a cut in steel prices. Counters such as Bajaj Auto, Tata Motors, TVS Motors, and M&M witnessed fresh buying interest. The recovery, ...
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TCS shares listing today
SHARES of Tata Consultancy Services (TCS) will be listed on stock exchanges tomorrow. Unlike most other IPOs, TCS has planned listing ceremonies at both the National Stock Exchange and the Bombay Stock Exchange. The Chairman of Tata Sons, Mr ...
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COMMENTARY
Cement, steel stocks prop up indices
AFTER a weak start on Monday, the markets recouped most of the losses on Tuesday.. Commodity stocks in the cement, steel and oil sectors kept the market mood upbeat. A cut in the steel prices announced by domestic manufacturers is expected to ...
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IPOS
Indiabulls IPO at Rs 16-19; issue opens on Sept 6
INDIABULLS Financial Services has priced its initial public offering (IPO) in the range of Rs 16-19 per share of the face value of Rs 2. The IPO will open on September 6 and close on September 20, Indiabulls said in a statement on Monday. ...
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