MARKETS
MUTUAL FUNDS
UTI Mutual schemes sit on current assets
UTI Mutual Fund is sitting on a large pile of current assets, a part of which is ready for deployment. As the latest data released by the fund house indicate, a number of diversified schemes had significant current assets/cash components in their ...
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Funds' initiatives in investor education
IT is good to see the efforts being mounted by some of our leading fund houses to guide lay investors, and more importantly, dispel misconceptions that people often harbour in their minds. Recent attempts by the likes of UTI MF and HDFC MF are ...
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STOCKS
Special margin on 15 scrips
THE Bombay Stock Exchange has imposed a special margin on 15 scrips from Tuesday. The rates of special margins have been revised keeping in view the closing price of the scrip on the last trading day, the BSE said in a statement. The scrips ...
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STOCK MARKETS
Today's exit polls to govern sentiment
Anywhere in the world, the stock markets are generally submissive to the political authority; revolt only when their business interests are trampled upon. The politics, more specifically political ideology, has always been given a short shrift by the markets.
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Indian counters finish on firm note
LED by Microsoft, which announced better-than-expected sales, and Motorola Inc, which expressed optimistic forecast, the US markets closed last week in positive territory. The tech-focused Nasdaq jumped 2.7 per cent for the week to 2,049.77 while ...
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REGULATORY BODIES & RULINGS
If all goes well, T+1 by Oct: Bajpai
COME July 1, 2004, an institutional investor may possibly have the shares purchased by it on any day being credited to its account on the following day and simultaneously find its bank account swiped off for an equivalent value. But a lot ...
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INTERVIEW
`15-20 per cent returns are still achievable'
ALL through the bull run, DSP Merrill Lynch MF has sought to pursue a conscientious stock-selection strategy. So says Mr Anup Maheshwari, Head - Equities. "We have attempted to pick the best of breed and benefit from the gains recorded by ...
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