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Thursday, October 30, 2008
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INVESTMENTS: Do retail investors indulge in cherry picking?
Brokers advice: Accumulate large-cap stocks. Mumbai, Oct. 29 Though the highly volatile markets scare the retail investors away, they do seem to be picking up shares at low ...

STOCKS: Performance concern drags RCom down 10%
Rupee depreciation could hit company: Merrill Lynch. Mumbai, Oct. 29 The shares of Anil Ambani-controlled Reliance Communications (RCom) continued to be under immense selling pressure on the ...

MUTUAL FUNDS: Vendors start internal rating on fixed maturity plans
Divergence seen from indicative to actual portfolios. Kolkata, Oct. 29 Mutual fund product marketers and advisory services have introduced internal rating of new fixed maturity plans (FMP) and case-by-case recommendation for existing ...

FINANCIAL PERFORMANCE: Muthoot Capital Services net up 61% to Rs 1.36 cr
‘Company managed to restrict increase in interest expenditure’. Kochi, Oct. 29 The net profit of Muthoot Capital Services Ltd has risen by 61 per cent to Rs 1.36 crore (Rs 84.81 lakh) during the second quarter of this ...

EVENTS: A. K. Narayan, President, Tamilnadu Investors’ Association; Vivekananda College, Chennai
Chennai, Oct. 28 Anything in excess is bound to create problems, said Mr A.K. Narayan, President, Tamil Nadu Investors’ Association. Whenever the price of assets (i.e., gold, land or stock) increased steadily a debacle was sure to ...





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Markets (Oct 29)
Nifty (at close)2697.05(+12.45)
US Dollar (Buy/Sell)49.80/82
Brent crude (a bbl) Rs3,058
Gold (a gram) Rs1,129
Silver (a kg) Rs16,605

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