MARKETS
MUTUAL FUNDS
Merrill Lynch turns active
Merrill Lynch has lately turned active on the bourses, its attention spanning companies such as United Spirits and Sasken. In the case of Sasken, Merrill Lynch Capital Markets Espana acquired 67,411 shares, representing roughly 0.4 per cent of ...
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Fund managers showing interest in mid-cap stocks
IT, ITES, pharma and power sectors witness transactions
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STOCKS
Kopran seeks shareholders nod for pref allotment
Non-promoter holding may go up further
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Stake sale talk buoys Patni
Patni Computer Systems has been buzzing with hectic buying activity of late, as rumours of IBM picking up a stake in the company once again resurfaced. According to stories doing the rounds, private investment firm Texas Pacific Group is also ...
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Institutional buying lifts Dish TV
The Re 1-face valued Dish TV stock on Wednesday surged ahead to its 52-week high of Rs 142.80 on the BSE, following growing institutional investor interest. The stock, which finally settled considerably lower at Rs 133.65, recorded strong ...
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TECHNICAL ANALYSIS
Bear domination
Bears dominated Wednesday's trading activity. The sentiment reading of the tradable counters remains bearish. Bull move on Thursday has the potential to change the sentiment reading in their favour. On the contrary, the prevailing bearish is ...
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IPOS
Insecticides India stock debuts on BSE
The stock of Insecticides India Ltd made its debut on the BSE at a discount of 8.69 per cent at Rs 105 against its issue price of Rs 115. The stock touched an intra day high of Rs 117 and a low of Rs 101.15 before closing at Rs 109.50. On the ...
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MIC Electronics shares jump on Day 1
MIC Electronics Ltd made its debut on the BSE at a 40.17 per cent premium at Rs 210.25 against its issue price of Rs 150. The stock closed at Rs 335.65 after hitting an intra-day high of Rs 367.80. On the NSE, the company got listed at a 75 per ...
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TRENDS
Markets trip as China triples trading duty
Indian bourses, which were trading higher during the initial half of Wednesday, plunged during the second half as most Asian markets faced a sell-off pressure. The Chinese Government's decision to triple the stamp duty on securities ...
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