MARKETS
FINANCIAL SERVICES
Geojit BNP Paribas to expand global footprint
With BNP Paribas becoming the single largest stakeholder, Geojit BNP Paribas Financial Services Ltd is poised to expand its footprint across the world. "Countries in West Asia, US and Europe that have a large expatriate Indian population are ...
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NEW FUND OFFER
Gold BeES listing on March 19
The units of Gold Benchmark Exchange Traded Scheme (Gold BeES) will be admitted to dealing on the National Stock Exchange from March 19 under the symbol `GOLDBEES', the exchange said in a release. The trading shall take place in the normal market ...
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Surge of new proposals
The NFO scenario will remain lively in the coming days, thanks to the kind of proposals placed before SEBI lately for approval, sources say. While many of these are plain equity funds, there are some unusual ones too. Among the latter is ...
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New fund offers keenly watched
`Fresh money may not enter till conditions become easier'
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TECHNICAL ANALYSIS
Bear domination
Bears dominated Wednesday's trading activity. The sentiment reading of the tradable counters changed to bearish. Bull move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bearish sentiment is ...
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STOCK MARKETS
Market tumbles yet again tracking global weakness
Tanks 453 points; banking, construction, IT stocks under pressure
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INTERVIEW
We're going slow on mid-cap space: SBI Mutual Fund
Mr Sanjay Sinha, Head of Equities of SBI Mutual Fund, says that they are going slow on the mid-cap space. SBI Mutual Fund believes that banking and oil and gas stocks are available under book value. They have no concern over growth for ...
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`Bout of ups and downs is one more lesson for investors'
If you think you know all about volatility in the stock market, think again. That is, in essence, the message sent out by Mr R. Rajagopal, Head - Equities, DBS Cholamandalam MF. "The latest bout of ups and downs is one more lesson for ...
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COMMENTARY
Global concerns weaken benchmarks
Markets opened weak by taking cues from the global peers. Sensex tumbled at the opening bell by shedding 288 points and further selling pressure dragged the markets. Right from the start the bears dominated the entire session. During the ...
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IPOS
ICRA sees new biz from Basel-II accord
ICRA Ltd foresees business opportunities from the implementation of the Basel-II accord by banks. "It is only at a proposal stage," Mr Naresh Takkar, Managing Director of ICRA, maintained, when asked to comment on what initial steps ICRA was ...
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Circuit Systems plans public offer
The Gandhinagar-based Circuit Systems (India) Ltd, manufacturer of printed circuit boards (PCBs) for industrial electronic equipment, is increasing its production capacity and coming out with an IPO next month, its Managing Director, Mr Paresh ...
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OUTLOOK
Fickle capital flows and equally fickle market psychology
The day's headlines are about Sensex tumbling over 453 points on funds selling, markets plunging, and global sell-off melting the indices. One also saw quite a few `tanks', `nosedives' and `falls' in the market reports . `Have the markets gone ...
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