MARKETS
NEW FUND OFFER
Pru ICICI files for Gold ETF with SEBI
Prudential ICICI AMC has filed for its Prudential Gold Exchange Traded Fund (Gold ETF) with Securities and Exchange Board of India. Its fund is an open-ended scheme, which will track the domestic price of gold through investments in physical ...
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STOCKS
Transformer manufacturing companies fully charged
Govt's rural electrification initiative to boost demand
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TTK Prestige: Product mix working
Investors are homing in on TTK Prestige for what some sections feel is value that it is creating in the consumer durable segment. TTK Prestige, a leader in pressure cookers, has lately re-worked its product mix by adding newer products. It is ...
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Expansion plan propels Welspun
The Rs 10-face value Welspun India stock is being observed for what brokers suggest has been an ambitious expansion plan pursued by the home textile player. The plan, aimed partly at scaling up capacity in towels, will also enable the company to ...
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TECHNICAL ANALYSIS
Volatile movement
Friday's trading activity witnessed volatile movement. However, the sentiment reading of the tradable counters changed to bearish. Bull move on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ...
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FOREIGN INSTITUTIONAL INVESTORS
Morgan Stanley invests in Oberoi Constructions
Morgan Stanley Real Estate has invested Rs. 675 crore in Oberoi Constructions, according to a press release issued on Thursday. According to Mr Anand Madduri, Executive Director and Asia-Pacific Portfolio Manager for Morgan Stanley Real ...
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REGULATORY BODIES & RULINGS
SEBI cancels BOI MF registration
SEBI via its order dated January 9, cancelled the certificate of registration of BOI Mutual Fund and has also withdrawn the approval granted to the erstwhile BOI Asset Management Co Ltd to act as the asset management company. ...
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COMMENTARY
Satyam results led to heavy selling in IT space
In a highly volatile trading session on the last trading day of the week, markets closed weak. Taking cues from the peers around the globe the markets opened in red. Satyam Computer, which came out with results matching the street expectation, ...
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IPOS
Akruti Nirman IPO subscribed 79 times
The initial public offering of Akruti Nirman Ltd was subscribed by 79.02 times on the BSE and NSE at 7.00 pm. Bids were received across the price band of Rs 475-Rs 540 per equity share. The company had offered 67 lakh equity shares to enter ...
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