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Thursday, October 07, 2004

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MARKETS

MUTUAL FUNDS
Equity funds fare better: Crisil
EQUITY funds have delivered a strong performance while debt funds have steadied themselves after the negative returns posted over the last few months, suggests Crisil's monthly return rankings of mutual funds in India. Diversified equity ... More

STOCKS
LIC picks up 10% stake in TNPL
LIFE Insurance Corporation of India has acquired 69.63 lakh shares representing a 10 per cent stake in Tamil Nadu Newsprint and Papers Ltd (TNPL), according to information provided by TNPL to stock exchanges. LIC acquired the shares on ... More

TECHNICAL ANALYSIS
Bears prevail
BEARS gained control of Wednesday's trading activity. The day's market action resulted in triggering few downtrend counters in the tradable list. However, the sentiment reading of tradable counters continues to remain bullish. Bear pressure on ... More

STOCK EXCHANGES
19 UPSE brokers registration cancelled
THE Securities and Exchange Board of India (SEBI) has cancelled the registration of 19 brokers. The Uttar Pradesh Stock Exchange declared these brokers defaulters. "They have ceased to be the member of the exchange and thereby failed to fulfil ... More

STOCK MARKETS
Hope on revamp drive
THE stock of specialty chemicals company Polyolefins Rubber and Chemicals is being recommended by various stock broking firms over the last few days. Talk is that this Mafaltal group company is expected to do well in the next few quarters as ... More

Strong refinery margins drive Chennai Petro stock
STRONG refinery margins are said to be driving market interest in standalone refinery stocks and in particular Chennai Petroleum Corporation Ltd (CPCL). Brokers said market perception is that given the company has completed its Capex, it is ... More

DERIVATIVES MARKETS
Maruti: Outlook negative, sell October futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segment on the NSE: HPCL: The stock closed at Rs 328 in the spot market. The outlook appears positive. The near-term upside price target is Rs 338. ... More

COMMENTARY
Sensex falls into red; tech stocks rule weak
THE positive momentum seen in the indices over the past few weeks took a breather for the second day in succession. The benchmark BSE Sensex ended the day at 5713.75 points, registering a drop of 44.92 points; the Nifty shed 17.55 points to ... More

IPOS

  • JRG Securities IPO loan facility

    ECONOMIC OFFENCES
    DGP Securities' registration suspended
    MUMBAI: THE certificate of registration of DGP Securities Ltd has been suspended for a period of one month, following their involvement in the market manipulation of the scrip of Surya Roshni Ltd. According to a SEBI press release, Rosy ... More


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  • Top Stories
    Welspun to get $15 m from IFC for plant expansion


    Guidelines on valuation of corporate assets to be framed

    Equity funds fare better: Crisil

    BSNL plans undersea cable link to Lanka

    Internet user base grows 8 pc in Q2

    GSM players add 1.5 m subscribers in September

    Gujarat groundnut output may touch 15 lakh t

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    Looking back
    Sep. 26-Oct. 2
    IDFC to offer 30 pc of stake to public


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