MARKETS
MUTUAL FUNDS
UTI products thru post offices
HYDERABAD: In Andhra Pradesh, six post offices (three in Hyderabad, two in Visakhapatnam and one in Vijayawada) have been identified to distribute UTI Mutual Fund products. AMFI qualified and trained officials will man the investment desk ...
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TECHNICAL ANALYSIS
Initial gains not held
BULLS managed to gain from Wednesday's market action. The sentiment reading of the tradable counters remains bullish. Click here for table Mild bear pressure on Thursday is likely to terminate most of the ...
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STOCK MARKETS
Oral care segment keeps Colgate strong
THE stock of Colgate Palmolive India has been witnessing renewed interest on the bourses in the recent past. The stock, which has been dogged by rumours of buyback, has appreciated by almost 7 per cent from Rs 141.40 on the BSE (on Sept 1) to ...
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Rama Newsprint gains on revamp plan talk
THE Rama Newsprint & Papers stock is witnessing increased trading volumes and rise in the stock price. Dealers said there is active buying from various market players on expectation of turnaround by company in the current fiscal. Turnaround ...
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DERIVATIVES MARKETS
ACC: Outlook positive, buy Sept. futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segment on the NSE: ACC: The stock closed at Rs 275 in the spot market. The outlook appears positive. The upside price target is Rs 281. An ...
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FOREIGN INSTITUTIONAL INVESTORS
J&K Bank gets RBI nod to hike FII limit to 33 pc
THE Jammu & Kashmir Bank today received the Reserve Bank of India's approval to increase FII investment limit to 33 per cent of the paid-up capital. Currently, FIIs hold 21.84 per cent of the bank's equity. In view of the interest evinced by ...
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COMMENTARY
Profit-booking stems 8-day rally
SNAPPING the eight-day rally, the benchmark indices closed on a subdued note on Wednesday. After scaling a high of 5456.85, the BSE Sensex ended the day at 5420.09. This represents a drop of 8.68 points from Tuesday's close. The S&P CNX Nifty was
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