Coimbatore, Oct. 15 Axis Bank Ltd board of directors has decided to incorporate a public limited company as a wholly owned subsidiary of the bank to undertake among others the trustee services business and to ...
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FINANCIAL SERVICES
Parsoli Corpn launching online trading on Oct 22
The Ahmedabad-based Parsoli Corporation Ltd will launch its new product, stockmultiplier.co.in , an online trading facility, in Gujarat, Mumbai and Bangalore on October 22.The product envisages opening of accounts, namely a demat ...
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NEW FUND OFFER
SBI Mutual launches capital protection fund
Mumbai, Oct 15 SBI Mutual Fund, today launched its SBI Capital Protection Oriented Fund Series-1, its first capital protection fund. This close-ended fund, with a five-year maturity period will be benchmarked to CRISIL MIP Blended ...
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MUTUAL FUNDS
Sundaram BNP ties up with BoB
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Diversified equity funds outperform gold ETFs
Latter started moving up of late
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STOCKS
Kotak Mahindra mops up Rs 1,615 cr via QIP route
Mumbai, Oct. 15 Kotak Mahindra Bank has raised Rs 1,615 crore (approximately $ 410 million) by allocation of 1.7 crore equity shares through a Qualified Institutional Placement (QIP), said a bank press release.The QIP issue was priced ...
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Parry Agro to issue 5 lakh shares
Parry Agro Industries Ltd plans to issue fresh equity capital of up to 5 lakh equity shares. According to information provided by the company to the stock exchange, the board of directors has approved the issue of fresh equity capital subject to ...
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IMPACT
Acquisition advantageous to 3i Infotech
Co indicated it would be EPS accretive
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FII buying lifts metal stocks
Demand from consumer industries on the rise
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Cerebra Integrated Tech
The Bangalore-based Cerebra Integrated Technologies is moving up on the BSE on acquisition and investment triggers. According to market sources, the ITES, EMS, contract manufacturing and design engineering player, which was earlier referred to ...
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RIL-RNRL dispute: Prolonged uncertainty
Issue may go back to court
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TECHNICAL ANALYSIS
Bull domination
Bull dominated over Monday’s trading activity. The sentiment reading of the tradable counters turned to bullish. Bear move on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the current sentiment ...
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STOCK EXCHANGES
Bomb threat to BSE, NSE
Even while the Sensex was engaged in its record 640-point sprint to burst through the 19K mark on Monday, the Bombay Stock Exchange and the National Stock Exchange received an anonymous e-mail containing a threat to blow up the two ...
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STOCK MARKETS
‘India scores high on both growth prognosis, and trajectory’
Mumbai, Oct. 15 “The fundamentals of the Indian corporate do not give a reason as to why there should not be such a high rise in the equity market. Only a few economies have such a high growth trajectory and India scores very high on ...
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DERIVATIVES MARKETS
Nifty future moves past 5700 mark
Bank, IT indices shed open interest
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FOREIGN INSTITUTIONAL INVESTORS
Bull charge lifts Sensex 639 points to top 19,000
Liquidity from foreign fund flows driving rally
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RECOMMENDATION
Today's Pick: ING Vysya Bank (Rs 264.05)
We recommend a buy in ING Vysya Bank at current price. ING Vysya Bank has been on a long-term uptrend since June 2006 low of Rs 82. However, the stock met with resistance at Rs 270 level in May 2007. Since then, the stock has been moving ...
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Day Trading Guide
The stock is currently trading near its life time high. Fresh buy should be made only when the stock move above Rs 1,125.Infosys On Monday, the stock lost its initial gains and is in flag pattern formation - a continuation ...
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IPOS
Consolidated Construction lists at 74.49% premium
Mumbai, Oct. 15 Consolidated Construction Consortium Ltd listed their shares in both the BSE and the NSE today. In the NSE, they opened at a premium of 74.49 per cent. They opened at a high price of Rs. 889.90, and trading at a low of Rs 735. ...
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