MARKETS
MUTUAL FUNDS
Principal PNB launches dividend yield plan
PRINCIPAL PNB Asset Management in partnership with Vijaya Bank launched the Principal Dividend Yield Fund on Monday. This equity fund would combine the equity market returns with the cushion of high dividend income from stocks, according to ...
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ABN Amro mops up Rs 2,050 cr thru IPOs
ABN Amro Asset Management Company closed the initial public offerings for its five maiden funds in India with a corpus of over Rs 2,050 crore. "This is the largest ever initial public offerings of the country with the largest collection in a ...
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TECHNICAL ANALYSIS
Bull domination
BULLS took charge of Monday's trading activity. The sentiment reading of the tradable counters stand strongly bullish with no downtrend counters in the tradable list. Bear domination on Tuesday is likely to change the sentiment reading in its ...
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STOCK MARKETS
Firm freight rates buoy shipping stocks
A jump in shipping rates this quarter (dry and wet cargo rates) appears to be driving interest in the shipping stocks. The counters of SCI, GE Shipping and Mercator Lines have been ruling firm on the bourses. Analysts maintain that one factor ...
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Tata Metalliks on strong fundamental
FOUNDRY grade pig iron maker Tata Metalliks Ltd strengthened on the bourses on Monday on fresh buying support. The stock ended at Rs 117.85, up 6 per cent, with around 81,150 shares traded on the BSE. Analysts maintain that the company is into ...
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DERIVATIVES MARKETS
i-flex Solutions: Outlook positive, buy Sept futures
THE following strategies are based on Monday's trading in the spot and the derivatives segment on the NSE: Tata Motors: The stock closed at Rs 392 in the spot market. The outlook appears positive. The upside price target is Rs 414. ...
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COMMENTARY
Tata Motors, Zee Tele see star attraction
IN keeping with the trend in recent weeks, much of the market action on Monday's trading was outside of the bellwether indices. Both the market indices notched up marginal gains during the day, with the BSE Sensex gaining 28 points to close at ...
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IPOS
SAL Steel plans IPO
SAL Steel Ltd has decided to go in for an initial public offering with an issue of 4.20 crore share of Rs 10 each. The company has filed its draft red herring prospectus with the Securities & Exchange Board of India. The issue is to be made ...
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Stock Quotes
SE Diary
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