MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, Nov. 1 Birla VXL Ltd has stated that ‘in view of the very adverse market conditions currently prevailing in the garment industry, at the board meeting held on November 1 it has been decided to cease operations at ...
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STOCKS
New forays to help Tube Investments
E-bikes fitness chain on cards
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FMCG stocks slump following Hind Unilever weak numbers
12 out of 13 BSE FMCG index stocks decline
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FIIs’ holding crosses Rs 10-lakh crore mark
Strong exposure in Gujarat NRE Coke, IDFC
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Tea deal talk lifts Balmer Lawrie
The recent market buzz has been that the diversified ‘mini ratna’ PSU Balmer Lawrie may soon finalise the sale of its London tea business for about Rs 100 crore and consider a 1:1 bonus to capitalise its bulging retained profits. ...
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IMPACT
HC decision: Not much relief for sugar
Mills in UP may face margin pressures
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TECHNICAL ANALYSIS
Bear domination
Bear dominated over Thursday’s trading activity. The sentiment reading of the tradable counters changed to bearish. Bull move on Friday is likely to change the sentiment reading in their favour. On the contrary the current sentiment ...
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STOCK EXCHANGES
PSU Bank BEES makes debut
Mumbai, Nov. 1 PSU Bank Benchmark Exchange Traded Scheme (PSU Bank BEES), an open-ended scheme which is an Index tracking the CNX PSU Bank Index, on Thursday made its debut on the NSE. It opened at Rs 310, touching a high of Rs 332 during the ...
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STOCK MARKETS
Nifty future trails Nifty by 33 points
Chennai, Nov. 1 Trading activity picked up in the F&O segment on the NSE amidst volatile condition. Turnover at Rs 99,734 crore was much higher than Wednesday’s figure of Rs 71,090 crore. However, Nifty November future turned deep ...
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FOREIGN INSTITUTIONAL INVESTORS
Fed rate cut factored in: Chidambaram
New Delhi, Nov. 1 The Finance Minister, Mr P. Chidambaram, said on Thursday that it was “too early” to assess the impact of the US Fed’s quarter point rate cuton capital flows into the country, but indicated that this might ...
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Fed cut: Marketmen expect more FII flow
Mumbai, Nov. 1 The 25 bps US Federal rate cut was in line with the expectations of most marketmen in the country. This cut followed a rate cut last month of half a percentage point, that is from 5.25 per cent to 4.75 per cent. The Fed rate cut ...
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REGULATORY BODIES & RULINGS
Effective only for the short term?
SEBI proposal on Participatory Notes
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RECOMMENDATION
Today's pick: Bongaigaon Refinery (Rs 66.75)
We recommend a buy in Bongaigaon Refinery and Petrochemicals at current levels. It is evident for the weekly chart that after recording a life-time high of Rs 107 in late 2004, the stock began to decline and was in a long-term downtrend till ...
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Day Trading Guide
ICICI Bank could have formed a short-term low at Rs 1,147 on Wednesday. Buy the stock if it moves above Rs 1,320. Infosys The stock gained in the last session but it continues to be within the confines ...
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IPOS
Religare IPO subscribed 153 times
The initial public offer (IPO) of Religare Enterprises, a financial services provider led by promoters of Ranbaxy Laboratories, has been subscribed 152.67 times. The total issue size is 75.76 lakh equity shares and the total bids received were ...
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Mundra Port & SEZ IPO subscribed 5 times
Mundra Port and Special Economic Zone Ltd IPO got subscribed 4.67 times on its first day. The issue comprises a net issue of 40,100,000 equity shares to the public and a reservation of 1,50,000 shares for eligible employees. Out of the ...
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VENTURE CAPITAL
VenturEast unveils new $150 m fund
Mumbai, Nov. 1 VenturEast, a fund manager, unveiled its new $150 million fund, VenturEast Proactive Fund, which will invest in both early stage companies and growth stage companies. It will focus on the needs of SMEs and those companies at ...
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