MARKETS
MUTUAL FUNDS
Inflows drying up for equity mutual funds
INFLOWS into equity mutual funds have all but dried up, according to asset management companies (AMCs). Investors have recast their portfolios as equity mutual funds have been posting negative returns over the last few months. A slew of equity ...
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TAXATION
Speculation in retrospect
Mohan R. Lavi on a Tribunal ruling that dealt with occasional forays into speculative trade
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TECHNICAL ANALYSIS
Bear-run arrested
THE sentiment reading of the tradable counters stands strongly bearish with no uptrend counters. Bull domination on Monday is likely to change the sentiment reading in their favour. Otherwise, the prevailing bearish sentiment is likely to ...
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STOCK EXCHANGES
3 Indian cos eye Singapore bourse for listing
THE Singapore Stock Exchange officials who are visiting the country to woo corporates to list on their exchange, should be a satisfied team today given that three Indian companies are readying to list on the SGX. The companies include Ballarpur ...
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STOCK MARKETS
Bonus hopes spur buying interest in Tata Steel
THE counter of Tata Steel was among the major gainers from index stocks. The stock price of the steel major gained 5.91 per cent at Rs 315 on the BSE with volume of 59.09 lakh shares and on the NSE it closed at Rs 315.45, up 5.84 per cent with ...
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HPCL up despite thumbs down to disinvestment
THE stock of Hindustan Petroleum Corporation Ltd (HPCL) appears to have regained some of its lost ground on the bourses despite signals that the Union Government may not disinvest from the oil PSU and firm international oil prices. The stock ...
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Concor gains on FII picking
THE stock of Container Corporation of India (Concor) gained sharply on Friday on active buying from FIIs. The stock price of the public sector gained 14.27 per cent at Rs 602.35 on the BSE with volume of 2.70 lakh shares, and on the NSE, it ...
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DERIVATIVES MARKETS
Nifty: Outlook negative, sell June futures
THE following strategies are based on Friday's trading in the spot and the derivatives segments on the NSE: Nifty: The spot index closed at 1521. The outlook appears negative. The downside target is 1465. If selling pressure continues, ...
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Canbank Mutual starts investment in derivatives
CANBANK Mutual Fund has started investment in derivatives products under its Canexpo, Canequity Tax Saver, Canequity Diversified, Canbonus, Cantriple, Canganga, Canpremium, Cancigo and Canglobal schemes with effect from June 1. A Canbank ...
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COMMENTARY
Buying interest propels market
AFTER a sharp tumble on Thursday, the benchmark BSE Sensex closed the last trading day of the week on a positive note. The buying interest witnessed by the 30-stock index during the post-noon sessions propelled it by 71.01 points (1.47 per cent) ...
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IPOS
NTPC IPO plans on track; SEBI approval received
THE planned public offer of shares by National Thermal Power Corporation (NTPC) is on track and is likely to hit the market by end-July or early-August. However, against the earlier planned 10 per cent offering, the company will now offer only ...
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