MARKETS
MUTUAL FUNDS
Catholic Syrian Bank to market SBI MF plans
THE Catholic Syrian Bank has decided to market the products of SBI Mutual Fund. An agreement to this effect was signed between Mr N.R. Achan, Chairman of CSB, and Mr P.G.R. Prasad, Managing Director of SBI Funds Management, at Thrissur on ...
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TECHNICAL ANALYSIS
Range-bound movement
THURSDAY'S trading activity witnessed narrow movement. Neither the bulls nor the bears could gain much from the day's trading. The sentiment reading of the tradable counters stands mildly in favour of the bulls. Bear domination on Friday is ...
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STOCK MARKETS
`Fund managers see market indices rising further'
WITH stock indices at their all-time high levels, fund managers are expected to be bullish in the short-term, said a survey done by investment banking firm Merrill Lynch. The survey said 69 per cent expect the BSE Sensex to trade between ...
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RIL gains on share buyback plan
SHARES of Reliance Industries gained more than two per cent today ahead of the company's crucial board meeting on Monday to decide on buyback of its securities. The stock price of the company gained 2.3 per cent at Rs 506.05 with 32.61 lakh ...
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Surya Pharma on funds' buy list
RECENTLY listed pharma company Surya Pharma stock has attracted a lot of buying interest in the last one week. The stock price has risen by over 50 per cent in just a week's time. Dealers said the surge is mainly because the management of the ...
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DERIVATIVES MARKETS
Outlook may turn positive for Infosys
THE following strategies are based on Thursday's trading in the spot and the derivatives segments on the NSE: Infosys: The stock closed at Rs 2,063 in the spot market. The outlook may turn positive if the stock moves above Rs 2,085. The ...
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FOREIGN INSTITUTIONAL INVESTORS
Goldman Sachs stake in Suven Life crosses 5 pc
THE equity holding of Goldman Sachs Investments (Mauritius) I Ltd in Suven Life Sciences Ltd has crossed the threshold limit of five per cent. Suven Life has informed the stock exchanges on Thursday that Goldman Sachs has acquired 41,000 ...
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COMMENTARY
Banking stocks take centre-stage
AFTER taking a breather on Wednesday, the markets resumed their upward trend. The BSE Sensex gained 28.19 points to end at 6441.85 points, led by Reliance and SBI. The S&P CNX Nifty appreciated by about 10 points to close at 2045.15. The ...
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VENTURE CAPITAL
APIDC Venture Cap mobilises Rs 150 cr for biotech fund
APIDC Venture Capital has mobilised Rs 150 crore for its biotech fund, five times more than the Rs 30 crore envisaged when it was floated a year ago. The APIDC VC Managing Director, Mr Sarath Naru, told Business Line that the fund has ...
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