MARKETS
ANNOUNCEMENTS
Corporate Developments
Coimbatore, Feb. 18 BL Kashyap & Sons Ltd has announced that it has bagged new projects worth over Rs 1,100 crore which are scheduled for completion within 20 months.Era Infra Engineering Ltd ...
More
OPEN OFFERS
Walt Disney investing Rs 805 cr in UTV
Mumbai, Feb. 18 Walt Disney has offered to invest Rs 805 crore to increase its stake to 32.1 per cent in media and entertainment company UTV. The California-based family entertainment and media enterprise, at present, has 13.7 per cent stake ...
More
FINANCIAL SERVICES
Bajaj Capital offers ‘entry load-free’ facility for investing in mutual funds
New Delhi, Feb. 18 Bajaj Capital, an investment advisory company, has launched a new product by the name ‘myWrap Account’, which is being touted as the country’s first ‘no entry load’ facility for investing in ...
More
Canara Bank launches online trading facility
More
NEW FUND OFFER
Tata MF launches infrastructure scheme
Tata Mutual Fund on Monday launched a new scheme — Tata Growing Economies Infrastructure Fund.The open-ended fund would invest in around 80 companies, including domestic as well as global, Mr Ved Prakash Chaturvedi, Managing ...
More
MUTUAL FUNDS
PSU oil firms prepare to invest surplus in equity oriented MFs
ONGC submits policy framework; IOC working on draft
More
STOCKS
Strong demand, asset growth buoy oil service stocks
Long-term contract rate for rigs remain firm
More
TECHNICAL ANALYSIS
Volatile movement
Monday’s trading activity witnessed volatile movement. The sentiment reading of the tradable counters remains bullish. Bear domination on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the current ...
More
DERIVATIVES MARKETS
Reliance Power sheds open interest
RNRL in the limelight
More
FOREIGN INSTITUTIONAL INVESTORS
Pvt equity majors line up slew of mezzanine funds for Indian market
These funds seen gaining favour with mid-cap firms
More
FII holdings value up Rs 2 lakh cr in end-December
Chennai, Feb. 18 According to SEBI data, net FII purchases dwindled from Rs 32,000 crore between July and September 2007 to Rs 20,000 crore in the October-December quarter. However, the value of FII holdings in S&P CNX 500 stocks rose from ...
More
MERGERS & ACQUISITIONS
MCX stake sale may enable product cross listing
NYSE Euronext (NYX) taking a 5 per cent stake in India’s leading commodity exchange, the Multi Commodity Exchange (MCX) is a strategic move by the exchange to increase its existing products as well as to expand geographical presence. ...
More
REGULATORY BODIES & RULINGS
Bhave takes charge as SEBI Chairman
Mumbai, Feb. 18 Mr C.B. Bhave took charge as Chairman of SEBI on Monday. Mr Bhave who has been appointed for a three-year term, was Chairman and Managing Director of the National Securities Depository Ltd (NSDL). Mr M. Damodaran ...
More
RECOMMENDATION
TODAY'S PICK
National Aluminium Co (Rs 389.10): Buy
We recommend a buy in National Aluminium Company (Nalco) from a short-term perspective. From the charts of Nalco it is evident that the stock has been on a long-term uptrend from its August 2007 low of Rs 237. However, in the medium-term the ...
More
Day Trading Guide
The stock is testing the 50-day moving average at Rs 1,224. Fresh longs can be initiated if the stock moves above Rs 1,224 level. Infosys The stock has been range-bound between Rs 1,500 and Rs 1,600 for the ...
More
IPOS
Reliance Power gets a boost
The share price of Reliance Power surged 7.66 per cent on BSE following the company’s Sunday announcement of a bonus issue of shares to non-promoter shareholders. But investor enthusiasm still couldn’t carry it past the original ...
More
KNR Constructions ends in discount on Day 1
Mumbai, Feb. 18 KNR Constructions Ltd, a Hyderabad-based infrastructure project development company, on Monday made its debut at a premium of 23.5 per cent against the issue price of Rs 170 on the NSE. The scrip opened at Rs 210, which is also ...
More
BONUS ANNOUNCEMENTS
IMPACT
Bonus sweetener from Reliance Power
Just a return of premium
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds