The Hindu Business Line : Saturday, October 04, 2008

MARKETS

FOREIGN INSTITUTIONAL INVESTORS: FII selling drags Sensex down 530 points
Heavy selling by foreign institutional investors (FIIs) drove the benchmark index down by four per cent on ...

MUTUAL FUNDS: Mutual funds’ asset base slips 2.8% in September
‘FMPs continue to attract investments’. Mumbai, Oct. 3 Mutual funds could not sustain the marginal growth in assets in August and recorded a decline of 2.76 per cent in assets under management (AUM) during September. AUM by mutual ...

STOCKS: ‘Pull-out unlikely to hit Tata Motors’ stock valuations’
Decision to move out ends uncertainty, say analysts. Mumbai Oct. 3 Mr Ratan Tata’s announcement on Friday evening that Tata Motors is driving Nano out of Singur in West Bengal and relocate the plant elsewhere has ended a long period of ...

EVENTS: Markets this week
News that the global financial turmoil, triggered by the ongoing US financial crisis, is now pushing the hallowed institutions in Europe and the UK against the wall sent the Sensex plunging to an 18-month low on Monday, to a sub-13,000 close. ...

STOCK MARKETS: Metal stocks soften after correction in London
BSE Metal registers highest fall among sectoral indices. Mumbai, Oct. 3 Metal stocks fell sharply on Friday on the back of softening global base metal prices. Redemption pressures on the FIIs also impacted the price of the large cap metal ...

STOCKS: Goldman Sachs pares exposure in ICSA
Goldman Sachs Investments (Mauritius) has brought down its holding in the Hyderabad-based ICSA (India) Ltd from 5.97 per cent to 2.07 per cent through sale in the open market. According to an intimation to BSE, the Goldman Sachs arm had ...

RIGHTS ISSUE: Tata Motors stocks dive below rights issue price, hits 52-week low
Recent slew of negative developments affects sentiment. Kolkata, Oct. 3 Tata Motors stock prices on Friday dipped below the rights issue price. The stock closed at Rs 330.70, below the rights price of Rs ...

STOCK MARKETS: Going down, looking up
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PREFERENTIAL ALLOTMENTS: Reliance Industries allots 12 cr shares to promoters
Mumbai, Oct. 3 The promoters of Reliance Industries have been allotted 12 crore shares on exercise of the option to convert the preferential warrants allotted to them last year, a statement from the company ...