MARKETS
PREFERENTIAL ALLOTMENTS
Innosoft pref offer
HYDERABAD: Innosoft Technologies Ltd has informed the BSE that a meeting of the company's board of directors has been convened on January 5 to consider inter alia the issue of equity shares on preferential basis to NRIs/ FII's/ ...
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MUTUAL FUNDS
MFs still to reach out to retail base
THOUGH 2004 was a stellar year of sorts for the mutual fund industry, it would be remembered as one where the objective of enlarging the retail investor base remained pure rhetoric. While the total assets under management of the industry grew ...
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TECHNICAL ANALYSIS
Bear domination
BEARS gained control of Thursday's trading activity. The sentiment reading of the tradable counters stands bearish. Bull domination on Friday is likely to reduce the bear count by a considerable margin thereby resulting a change in the sentiment ...
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STOCK MARKETS
Bharati Shipyard closes at 94% premium to IPO price — Volumes too soar on Day 1
SHARES of Bharati Shipyard made a strong debut on the stock market by listing almost 100 per cent premium to the issue price. Bharati Shipyard's initial public offering had received overwhelming response from equity investors. The IPO was ...
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Mascon raises $16 m from European market
MASCON Global Ltd on Thursday announced it has raised $16 million from the European market, following which the company's board has approved the allotment of 3.6 crore underlying shares of Rs 10 each towards the issue of 90 lakh global depository ...
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Denso India piggybacks on auto boom
THE counter of auto ancillary Denso India ruled firm on the bourses on Thursday in an otherwise volatile market. Increased growth outlook by analysts has infused an element of optimism at the counter. Brokers maintain that the stock is ...
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COMMENTARY
Mid-cap banking stocks shine in lacklustre trade
IT was a lacklustre day for equities as profit booking spread across a swathe of stocks contributed to a weak undertone. Indices tracking large-cap stocks such as the Nifty and the Sensex as well broad-based indices such as the CNX 500 and CNX ...
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IPOS
Oriental Bank board okays public issue
THE board of directors of Oriental Bank of Commerce (OBC) has cleared a proposal for a public issue offering five crore equity shares at a premium to be determined by the book building route. The public issue will hit the market after seeking ...
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