MARKETS
MUTUAL FUNDS
US-64: 50,000 investors opt for other UTI schemes
Other fund houses lure investors with incentives
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STOCKS
Inflation puts bank stocks under pressure
Farm loan announcements further trigger selling
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FINANCIAL PERFORMANCE
Geojit's net up 133%, to pay 70% final
The net profit of Geojit Financial Services has grown 106 per cent to Rs 11.82 crore (Rs 5.74 crore) for the last quarter of 2007-08. Profit before tax increased 88 per cent to Rs.18.06 crores from Rs. 9.6 crores. For the year 2007-08, the net ...
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DERIVATIVES MARKETS
Big FIIs selling index futures?
The stock market turned extremely weak during the week. The Nifty tumbled 4.09 per cent, while the Nifty future, which was commanding a premium last week over the spot close, dipped into the discount. According to market sources, a couple of FIIs ...
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COMMENTARY
Weekly Market round-up
On Tuesday, the Sensex opened on a weak note taking cues from weak asian indices. Market participants were on jitters as oil prices scaled new peaks. The Sensex surrendered nearly 200 points to finish the day at 17,230. To sum up the week, the ...
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IPOS
Nutek IPO gets SEBI nod
New Delhi, May 23 Gurgaon-based telecom infrastructure service provider Nutek India Ltd has got Securities and Exchange Board of India’s approval for its initial public offer of 4.5 million shares with a face value of Rs 10 each. ...
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Bafna Pharma looks to raise Rs 25 cr through IPO
Chennai, May 23 Bafna Pharmaceuticals Ltd, a Chennai-based formulations company, hopes to raise Rs 25.60 crore through an initial public offer to fund its market expansion and R&D programme.According to a press release from the ...
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INVESTOR PROTECTION
New reader-friendly MF documents from June 1
Mumbai, May 23 Market regulator SEBI has simplified the offer document and key information memorandum (KIM) to be filed by mutual funds to make them reader friendly. The measures are aimed at reducing the bulkiness of the offer ...
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