MARKETS
NEW FUND OFFER
Sundaram BNP Paribas Mutual launches select small-cap fund
Sundaram BNP Paribas Mutual will launch Sundaram BNP Paribas Select Small Cap to invest in select small cap stocks. The new fund offer will open on January 10 and close on January 24 or on collection of Rs 300 crore, whichever is earlier, an ...
More
MUTUAL FUNDS
More NFOs to hit market this year
Hybrid products may be a recurrent theme
More
STOCKS
ITC down on VAT reports
The stock of ITC Ltd has been under pressure following reports that the VAT panel has recommended phasing out of the Central Sales Tax (CST) over four years. This has raised concerns of the cigarette industry being hit by high taxes in the FY-08 ...
More
Weak coking coal buoys JSW Steel
Reduced coking coal prices and higher sales volumes from its cold rolling mill has propelled interest in the counter of JSW Steel. The stock, which gained by almost 24 per cent month on month, ended the day 3.2 per cent higher at Rs 408.25 on the ...
More
TECHNICAL ANALYSIS
Bears prevail
Bears prevailed over Tuesday's trading activity. The sentiment reading of the tradable counters remains bearish. Bull move on Wednesday is likely to change the sentiment reading in their favor. On the contrary, the prevailing bearish sentiment is ...
More
COMMENTARY
Markets slip further; Cairn listing disappoints
Losses on Sensex and Nifty continued for the fourth day on the trot on Tuesday, with the former and latter slipping by 86 points and 22 points, respectively. Unlike Monday, when the small-cap index put up a semblance of resistance, Tuesday's ...
More
IPOS
Global Broadcast News plans Rs 105-cr IPO
Promoters' stake to get diluted by 15 per cent post-issue
More
Cairn India shares list at discount
Shares of Cairn India Ltd, a subsidiary of the Edinburgh-based Cairn Energy Plc, which was listed on the BSE on Tuesday, closed 14 per cent below the initial public offer price of Rs 160 due to the unenthusiastic response to the issue, concerns ...
More
Technocraft Ind plans IPO to raise Rs 87.36 cr
Technocraft Industries (India) Ltd is coming out with an IPO to raise around Rs 87.36 crore in the upper end of the price band of Rs 95-105 per share. The proceeds will primarily be used to part-finance expansion of its drum closure and yarn ...
More
OUTLOOK
2007 likely to see bumper harvest of IPOs
Despite mega issues, mid-sized offerings set to dominate
More
ECONOMIC OFFENCES
SAT dismisses appeal filed by Karvy against SEBI order
The Securities Appellate Tribunal (SAT) on Monday dismissed the appeal filed by the Karvy Group against the SEBI order restraining it from opening new demat accounts following its involvement in the IPO scam. SAT has ruled that no fault can be ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|