MARKETS
STOCKS
Khaitan Electricals capital reduced
HYDERABAD: Khaitan Electricals Ltd has informed the stock exchanges that its share capital has been reduced from Rs 9.7 crore to Rs 7.2 crore following the scheme of arrangement between Khaitan Electricals, Khaitan (India) and Khaitan ...
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TECHNICAL ANALYSIS
Bulls prevail
BULLS prevailed over Thursday's trading activity. However, they could not gain from the day's trading. The sentiment reading of the tradable counters remains bullish. Bear domination on Friday is likely to change the sentiment reading to bearish. ...
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STOCK MARKETS
SRF surges as new plant is ready to go on stream
THE stock of SRF Ltd, a company into industrial synthetics and various fabrics, has been attracting market attention in the last few days due to the company's new polyester film plant going into commercial production in this quarter. The ...
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Export hope, synergies with Grasim propel UltraTech Cemco
THE stock price of UltraTech CemCo, the de-merged company from L&T, has been on rise in the last few days on huge growth potential from export market and also its synergies with Grasim, which has controlling stake in it. In the last three days, .
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Revamp talk fuels activity in Manali Petro
MARKET attributes the recent rise in volumes in the Manali Petrochemicals stock to the intelligence that the company is likely to wipe out its Rs 56-crore accumulated losses by setting them off against the Rs 115-crore share capital. The ...
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ICSI plea to ensure auditing norms compliance
THE Institute of Company Secretaries of India is making representations to the Securities and Exchange Board of India (SEBI) to engage company secretaries to carry out audits and ensure that brokers and other market intermediaries are complying ...
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COMMENTARY
Markets reverse direction with handsome gains
AFTER the breather over the last few days, the benchmark indices continued its upward trend on Thursday. Soaring oil prices does not appear to have dampened the positive sentiment as the 30-stock index BSE Sensex rose 59.91 points (1.05 per ...
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IPOS
NTPC issue sold out in 20 minutes
THE IPO of 10.5 per cent equity in the Government-owned NTPC was sold out within 20 minutes of the issue opening today, merchant banking sources said. According to data available on the BSE till 8 p.m. on Thursday, investors had placed ...
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Panel for more leeway for retail investors in IPOs
THE Primary Market Advisory Committee of SEBI is seeking to increase the maximum application amount of each retail investor in IPOs to Rs 1 lakh. Currently, a retail investor is not allowed to invest more than Rs 50,000 in IPOs. The committee ...
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