MARKETS
ANNOUNCEMENTS
Corporate Developments
Kochi Sept. 27 Subhash Projects & Marketing Ltd has announced that it has bagged orders worth Rs 353.60 crore, which is expected to sustain its high growth in core performance sectors such as water, power, and ...
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MUTUAL FUNDS
Old Mutual may manage Kotak MFs abroad
Mumbai, Sept. 27 Old Mutual Plc may tie up with Kotak Mahindra mutual fund for managing overseas investments. Mr Jim Sutcliffe, Chief Executive, Old Mutual Plc, said this was an opportunity for the company, particularly in the wake of ...
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ICRA Online launches fund management tool
Assures ‘decision support system’ for intermediaries
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STOCKS
Rajesh Exports plans stock split, bonus shares
Bangalore, Sept. 27 Jewellery manufacturer Rajesh Exports is planning to go in for a stock split and issue of bonus shares. A meeting of the company’s board will be held on October 22 to consider the issue of bonus shares and splitting ...
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Patel Engg may acquire overseas coalmines
Patel Engineering, a civil engineering company with specialisation in complex infrastructure projects including dams and micro tunnelling, is moving ahead to acquire large coalmines in Indonesia and Africa, according to market grapvine. Though Mr ...
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Cornell sells 42 lakh shares in FACOR
Mumbai, Sept. 27 Cornell Corporation today sold 42 lakh shares of its holding in FACOR Steels Ltd. With this, its stake has decreased from 29.77 per cent to 27.74 per cent as per data available on the BSE. TAD (Mauritius) Ltd sold its stake ...
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TECHNICAL ANALYSIS
Bull domination
Bulls dominated Thursday’s trading activity. However, sentiment reading of the tradable counters turned neutral. Bear move on Friday is likely to change the sentiment reading in their favour. On the contrary, it is likely to turn ...
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STOCK EXCHANGES
Nifty breaches 5,000 mark
Sensex crosses 17,000; net FII buying at Rs 2,226.85 cr
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STOCK MARKETS
Ashco witnesses surge in volume, price
Kolkata, Sept.27 Ashco Industries, a medical equipment trading and contract research organisation, is witnessing surge in traded volume and upward price movement this month ahead of preferential allotment of one for one convertible warrants to ...
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IMPACT
Order wins augur well for ABG Shipyard
Risk of delays in execution looms
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DERIVATIVES MARKETS
Record turnover in NSE derivatives
Chennai, Sept. 27 Thursday’s session was a historic one for the National Stock Exchange. The benchmark index, Nifty scaled the 5000 peak and went on to close the day above this level. Turnover in the derivative segment of ...
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INTERVIEW
INVESTMENT SERVICES IN WEST BENGAL: A BUSINESS LINE FEATURE
Rapid strides in stock broking
India’s capital markets have gained in recent years from the growth of the economy, spurred as it is by structural reforms pursued by the government, notes Mr A.K. Singh, MD & CEO, Shriram Insight. He also dwells on a range of ...
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‘Take a long-term call’
Is there scope for investors to scale up allocation to select sectors now? Business Line posed this question to Mr Pawan Jain, CMD, Ashika Credit Capital. “The probability of getting a decent return is quite ...
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Caution the watchword
“There is more to east than what meets the eye”, declares Mr Ambrish Agarwal, Director, Eastern Financiers Ltd, quite fervently when Business Line sought his views on a much-discussed notion – the changing ...
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RECOMMENDATION
Today's Pick: iGATE Global Solutions (Rs 233.40)
We recommend a buy in IGATE Global Solutions at current price level. The downtrend that commenced in April made this stock give up almost 50 per cent from its peak. But it is trying to stabilise around Rs 210, having bounced from this level twice ...
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Day Trading Guide
The stock formed a doji star in the daily candle-stick chart after recording a new high. This portends weakness in the short-term. Sell the stock if it fails to penetrate Rs 1,050 effectively. Infosys Infosys ...
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IPOS
IMPACT
Exit option for Dhanus investors
Lower chances of any potential listing gain
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Spentex eyes listing on European bourse by next year
Firming up plans to list overseas; decision by next year
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