MARKETS
FINANCIAL SERVICES
Brokers’ body seeks simpler KYC norms
Kolkata, Sept. 3 The Association of National Exchanges Members of India favours paring the KYC (Know Your Client) norms used by stock brokers. The association’s view is based on the premise that the KYC given its bulky nature, ...
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MUTUAL FUNDS
MF asset base falls by Rs 18,506 cr in Aug
Hardening of call money rates, volatility in equity markets
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STOCKS
Newly structured cos attract investors’ attention
Institutions see they could unlock value
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Five FIIs take stake in Assam Company
Total purchases amount to 3.83%
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Sujana Metal: Up on hopes of higher preferential price
Sujana Metal Products shot up on Monday by four per cent with a traded volume of 5.56 lakh shares on the BSE. According to market circles, the restructured steel product company is planning to place shares at a price substantially higher than ...
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TECHNICAL ANALYSIS
Bull domination
Monday’s trading activity witnessed sideways movement. However, the sentiment reading of the tradable counters remains bullish. Bear move on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the ...
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STOCK EXCHANGES
DSE demutualisation done at enterprise value of Rs 212 crore
The Delhi Stock Exchange, one of the oldest stock exchanges in the country, has been demutualised at an enterprise value of about Rs 212 crore, a top official of the exchange has said.The enterprise value of Rs 212 crore was much lower ...
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SEBI cancels Hyderabad SE recognition
Mumbai, Sept. 3 SEBI has withdrawn recognition granted to the Hyderabad Stock Exchange Ltd (HSE) as it failed to dilute 51 per cent of its equity share capital to public other than shareholders. Consequently, the recognition granted to HSE ...
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IPOS
Punjab & Sind Bank IPO likely next fiscal
New Delhi, Sept. 3 State-owned Punjab and Sind Bank (PSB) may come up with an initial public offering (IPO) sometime next fiscal on the back of improved current year earnings and a planned capital restructuring that is awaiting Government ...
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ECONOMIC OFFENCES
SEBI debars 2 sub-brokers
Mumbai, Sept. 3 The Securities and Exchange Board of India has debarred the Mumbai-based firms Mega Millennium Investment Pvt. Ltd and Mega Millennium Securities Pvt Ltd and their directors Mr S. Mahalingam and Mr Pradipta Chaterjee from ...
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