MARKETS
FINANCIAL SERVICES
Emkay arm in Kerala
Thiruvananthapuram, July 30 Emkay Share and Stock Brokers Ltd has opened a branch at Karunagapally in Kollam district of Kerala. According to Mr Prakash Kacholia, Managing Director, the branch is part of the company’s expansion plans. ...
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NEW FUND OFFER
Fidelity Mutual moots five FoFs
Fidelity Mutual Fund has mooted a feeder product, consisting of five separate FoFs (Fund of Funds), each of which will invest in an underlying fund. Each of the underlying funds is a Fidelity sub-fund.The proposed Fidelity World Fund ...
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STOCKS
Azim Premji picks up 1.24% stake in Marico
Bangalore, July 30 The soap-to-software firm Wipro Group’s Chairman, Mr Azim Premji, has picked up a small stake in one of the country’s top FMCG companies Marico Industries.Confirming the investment, Marico’s Chief ...
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Hind Unilever up on buy back plans
Mumbai, July 30 The shares of Hindustan Unilever Ltd rose 6.26 per cent on the BSE on Monday after the company announced that it would buy back shares from the market at a premium to the current price.The company announced that it would ...
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Realty stocks tumble on weakening prices
‘Oversupply situation may keep prices down this fiscal’
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SBI arms up on liquidity hopes
Three SBI subsidiaries – State Bank of Bikaner and Jaipur (SBBJ), State Bank of Travancore (SBT) and State Bank of Mysore – have been gaining and registering new peaks in recent times on the bourses. According to market ...
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TECHNICAL ANALYSIS
Volatile movement
Monday’s trading activity witnessed volatile movement. The sentiment reading of the tradable counters remains bearish. Bull move on Tuesday is likely to change the sentiment in its favour. Nifty ...
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VENTURE CAPITAL
PE funds picking up stake in CSB
Three foreign private equity funds — the Hong Kong-based AIF Capital, the London-based Gartmore Ltd and the New York-based Siguler Guff — have subscribed to 14 per cent of the paid-up capital of Catholic Syrian Bank. The shares with a ...
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