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NEW FUND OFFER
DSP’s new fund to invest in gold mining companies
Mumbai, July 19 DSP Merrill Lynch Fund Mangers Ltd has launched a feeder fund called DSP Merrill Lynch World Gold Fund, an open-ended fund of funds scheme, to invest in equity shares of gold mining companies through the units of Merrill ... More

MUTUAL FUNDS
Bank of India to vend ING products
Mumbai, July 19 Bank of India has entered into an alliance with ING Investment Management to distribute its mutual fund schemes across India. “The bank will offer the entire bouquet of ING mutual fund products through its ... More

STOCKS
Tata Motors shines on hopes of picking Land Rover car plants
‘The deal, if it happens, could be beneficial in long run’ More

TECHNICAL ANALYSIS
Bull domination
Thursday’s trading activity witnessed bull domination. The sentiment reading of the tradable counters changed to bullish. Bear move on Friday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

STOCK EXCHANGES
NSE may extend financial literacy project
New Delhi, July 19 The NSE, the country’s largest stock exchange by trading volumes, plans to roll out its ‘financial literacy’ project in more States, according to Mr Ravi Narain, Managing Director and CEO.“We ... More

FOREIGN INSTITUTIONAL INVESTORS
Sensex soars on strong earnings, FII buying
Mumbai, July 19 Heavyweights Reliance Industries Ltd and Bajaj Auto lead the rally in the markets today as the Bombay Stock Exchange benchmark index, Sensex, soared to yet another record high. The index gained 248.96 points or 1.63 per cent to ... More

Investors cautioned against adventurous buying
Thursday’s peak is eleventh in 14 trading sessions for Sensex More

IPOS
Spice Comm lists at 21% premium
The stock of GSM-based service provider, Spice Communications Ltd, made its debut on the BSE at a premium of 21.19 per cent at Rs 55.75 against the offer price of Rs 46 per equity share. The stock witnessed an intra-day high at Rs 67.05 ... More

SEL fixes IPO price band at Rs 80-90
Mumbai, July 19 SEL Manufacturing Co Ltd of the R.S. Saluja Group has announced an initial public offering of 41,38,410 equity shares of Rs 10 each through 100 per cent book-building process. The price band has been fixed at Rs 80-Rs 90 per ... More

Asian Granito plans IPO
Mumbai, July 19 Asian Granito India Ltd, a manufacturer of vitrified tiles plans, to enter the capital market with an IPO of 70 lakh equity share of Rs 10 each through a 100 per cent book building issue.The price band has been fixed at ... More

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