The Hindu Business Line : Thursday, March 31, 2005

DSP ML to launch mid-cap fund
JOINING the list of asset management companies which have recently launched mid-cap funds is DSP Merrill Lynch Fund. The mutual fund has filed its offer document for the mid-cap fund with Securities and Exchange Board of India. The primary ... More

Canbank MF declares dividend for 2 schemes
CANBANK Mutual Fund has announced dividends in two of its schemes — CanBalance and Cancigo. A Canbank Mutual Fund release said here on Wednesday that 10 per cent income distribution has been announced in CanBalance scheme under the ... More

TECHNICAL ANALYSIS

Range-bound movement
WEDNESDAY'S trading activity witnessed range-bound movement. Neither the bulls nor the bears could gain from the day's trading. Bull domination on Thursday is likely to reduce the bear count by a considerable margin thereby resulting a change ... More

STOCK MARKETS

Exchanges witness sharp decline in trading volumes
WITH stock prices witnessing a fall this month, trading volumes on the stock exchanges have seen a drastic fall with average volume down by more than 40 per cent. Brokers attribute the fall in the trading volumes to lack of interest by market ... More

Vybra Automet: Debt pricing fuels premium
VYBRA Automet, an auto component and forging company that is coming out of BIFR ambit from April 1, saw its share price gaining 7.38 per cent on Wednesday to close at Rs 65.50 on the BSE. According to market sources, the primary driver for the ... More

DERIVATIVES MARKETS

Upside likely on Nifty, MTNL futures
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Nifty: The April futures contract closed at 2002. The outlook may turn positive if the April contract trades above 2004. The upside ... More

FOREIGN INSTITUTIONAL INVESTORS

FIIs turn heavy net sellers
WITH stock market sentiment somewhat shaky, FIIs made largescale net selling on Tuesday with net sales of Rs 1,724 crore in the cash segment, according to figures released by SEBI. In the derivatives segment also they are net sellers to the ... More

COMMENTARY

Textile stocks shine
ON Wednesday, the market moved into the correction phase. A volatile trend was visible across sectors and categories. After opening nearly flat, the market shifted gears to alternate between positive and negative territory. Though the advances ... More

IPOS

3i Infotech, Gokaldas IPOs oversubscribed
THE IPO of 3i Infotech was subscribed 1.04 times on the first day of the bidding process on Wednesday. Over 2.07 crore shares were bid for against the company's offer of two crore shares. The issue also allows a green shoe option of 30 lakh ... More

Allsec IPO
CHENNAI: Allsec Technologies Ltd has fixed a price band of Rs 135-162 per share for its public issue. The issue is a 100 per cent book built IPO, according to a company press release. ... More

OUTLOOK

`Fresh scams in capital market appear remote'
ARE you among those retail investors who have serious apprehensions on the possibility of fresh scams in the stock markets, especially in view of the new peaks being recorded by the indices, and afraid of another market crash? Don't worry, the ... More

Stock Quotes
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