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Thursday, September 09, 2004

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MUTUAL FUNDS
Birla MF launches Dynamic Bond Fund
The fund has an investment objective of optimising returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments, according to company officials. Inflation, liquidity, ... More

Templeton MF sells e-Serve shares
MUMBAI: Templeton Mutual Fund through its various schemes has sold 9,14,758 shares of e-Serve International Ltd on August 26, according to e-Serve's notification to the BSE. The shares were tendered under the open offer for acquisition ... More

TECHNICAL ANALYSIS
Lacklustre movement
Bear domination on Thursday is likely to change the sentiment reading in their favour. On the other hand, the prevailing bullish sentiment is likely to be further strengthened. Nifty futures recommendation: The September month contract ... More

STOCK MARKETS
Nalco sustains good buying interest on fresh contract talk
THE stock of Nalco is seen to have sustained buying interest in the recent past. Of late, fund interest in the counter has been gaining ground. Good fundamentals apart, brokers said that talk of fresh contracts for alumina being at significant ... More

Stake sale talk to fore again
THE stock of India Cements witnessed sustained buying interest on the bourses, fuelled largely by talk of Lafarge looking to acquire that company. While this counter is no stranger to this rumour, sources maintain that such a development is ... More

Kalyani Forge jumps 94 pc
THE stock of Kalyani Forge has been witnessing a strong rally over the last few days. The stock opened on Wednesday at Rs 230 and touched an all-time high of Rs 244.40. The counter was locked at the upper circuit for the third time this ... More

DERIVATIVES MARKETS
Reliance Industries: Outlook positive, buy Sept futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segment on the NSE: Reliance Industries: The stock closed at Rs 483 in the spot market. The outlook appears positive. The upside price target is Rs ... More

COMMENTARY
Snail-paced Sensex breeches 5,300 mark
THE trading on Wednesday was no different from the trend that has been prevalent in the past few days. While the benchmark indices recorded marginal gains, the bulk of the market activity was centered on mid-cap stocks and select companies from ... More


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