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Wednesday, September 29, 2004

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MUTUAL FUNDS
ING Vysya MF unveils Valuepac
ING Vysya Mutual Fund on Tuesday launched Valuepac, a systematic transfer plan for mutual fund investors. Valuepac allows investors to initially park their funds in the ING Vysya Liquid plan and the money would subsequently get transferred in ... More

TECHNICAL ANALYSIS
Bears march ahead
BEARS extended their pressure over Tuesday's trading activity. The sentiment reading of the tradeable counters stands strongly bearish. Bull domination on Wednesday is likely to change the sentiment reading in their favour. Otherwise, the ... More

STOCK MARKETS
Voltas gains on good growth prospects
ENGINEERING company Voltas stock gained substantially on Tuesday on back of good growth prospects for its various business divisions. In today's trading, the stock price of Voltas gained 8.66 per cent at Rs 156.80 on BSE with volume of 2.61 ... More

TV Today witnesses single block deal
COMING fast on the heels of an announcement allowing FII investment in TV news channels, the counter of TV Today Network witnessed a single block deal of around 45 lakh shares, representing almost 7.5 per cent of the company's equity, on the BSE ... More

Mercator Lines buoyed by VLCC rates
THE stock of the shipping company, Mercator Lines, hit a 52-week high on the bourses in an otherwise weak market. Brokers said that the stock, which was trading at circuit, ended the day 10 per cent higher at Rs 489.10 with around 1.5 lakh ... More

Maharaja Shree Umaid makes waves in market
A LITTLE-known until recently and scarcely researched stock of Maharaja Shree Umaid Mills has been making waves in the market currently. Between March 22 and September 22, the stock appreciated by more than 273 per cent. According to dealers ... More

COMMENTARY
Pharma stocks in limelight
MARKETS continued their downward trend on Tuesday, as both the benchmark indices, Sensex and Nifty, closed the day on a negative note. The 30-stock Sensex was down 49.2 points (0.89 per cent) to 5462.61 points. The slightly broad-based S&P ... More


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