The Hindu Business Line : Saturday, February 25, 2006

Sahara MF open to further acquisitions
Aimed at emerging as one of the premier mutual fund houses in the country with assets under management (AUM) of around Rs 5,000 crore in the next three years, Sahara Mutual Fund, part of the Sahara India Pariwar, said it is open to inorganic ... More

MFs ask for REIT, tax sops for debt-oriented funds in Budget
Wish listMore incentives for long-term investors

Remove double incidence of STT

Dilute norms for overseas markets More

STOCKS

Steel, iron ore stocks turn active on Rly Budget
Key positives
Freight corridor, new lines, gauge conversion
Keonjhar-Daitari link bodes well for Sesa Goa
Bao Steel (China) hiking of CR price by $45-$48 per tonne More

Reliance Energy Ventures makes debut in SEs
Reliance Energy Ventures Ltd (REVL), controlled by the Anil Ambani Group, made its debut on the stock markets on Friday, listing at Rs 45.7 on BSE and Rs 48.90 on NSE. REVL was spun off from Reliance Industries Ltd as part of the settlement ... More

Mascon board okays GDR issue
The board of directors of Mascon Global hasapproved the final offering circular for the proposed $27-million Global Depository Receipt (GDR) issue, thus paving the way for the opening of the issue in the new few days. The issue ... More

TECHNICAL ANALYSIS

Bear domination
Bear dominated over Friday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear pressure on Monday is likely to change the sentiment reading in its favour. On the contrary, the prevailing bullish sentiment is ... More

STOCK MARKETS

Kernex up on Rly order hopes
Kernex Microsystems, which makes railway safety equipment, primarily anti-collision devices (ACD) hit the 20 per cent upper circuit on Friday, on expected gains from the Railway Budget, dealers said. On the BSE, the stock jumped Rs 44.35 to Rs ... More

COMMENTARY

Sensex loses out from positive track midway
Sector watch
Banking counters witnessed robust activity
Select cement stocks gained sharply
Tea stocks turned out of flavour More

IPOS

BhOB board not to renew CEO contract — IPO scam cited as reason behind it
The board of directors of the Chennai-based Bharat Overseas Bank Ltd (BhOB) has decided not to renew the contract of its Chairman and Chief Executive Officer (CEO), Mr G. Krishna Murthy. His tenure is due to come to an end in ... More

Stock Quotes
SE Diary

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