MARKETS
FINANCIAL SERVICES
FIPB rejects KES India’s stock broking proposal
New Delhi, April 17 Kim Eng Securities India’s proposal to undertake the business of stock broking as a ‘non-fund based activity’ requiring minimum capitalisation of only $0.5 million has been turned down, as the Foreign ...
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Religare into commercial vehicles financing
Ties up with Kumar Motors
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NEW FUND OFFER
Sundaram BNP launches Financial Services fund
Fourth under their ‘Select Thematic Funds’ umbrella
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STOCKS
Fertiliser stocks get ‘near normal’ monsoon boost
Stocks gain between 4 and 23 per cent
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TECHNICAL ANALYSIS
Bull domination
Thursday’s trading activity witnessed bull domination. The sentiment reading of the tradable counters continues to remain bullish. Bear domination on Monday is likely to change the sentiment reading in their favour. On the ...
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STOCK MARKETS
SEBI allows institutions to keep securities as margin
Institutional clients can maintain their entire margin in the form of approved securities with appropriate haircuts (which means appropriately discounted to market value), said SEBI in a circular to the stock exchanges. This is in the ...
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REGULATORY BODIES & RULINGS
Brokers to attract penalty for misuse of clients’ collateral
Mumbai, April 17 Misuse of collateral, deposited by clients with the broker, would attract penalty said the capital market regulator, SEBI, in a circular issued on Thursday.“In case the client collateral is found to be ...
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INTERVIEW
‘Indian MFs cannot make more returns than FIIs’
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