MARKETS
OPEN OFFERS
Actis makes open offer for Swaraj Mazda
ACTIS Capital LLP, a UK-based buyout firm, on Tuesday said that two of its units are making an open offer to acquire 25 per cent additional stake in Swaraj Mazda Ltd (SML). The two units - CDC Agribusiness Management Ltd and South Asia ...
More
TECHNICAL ANALYSIS
Range-bound movement
THE market fluctuated within a close band on Tuesday. The day's activity resulted in reducing the bull count marginally. The sentiment reading of the tradable counters remains strongly bullish with no downtrend counters. Bear domination on ...
More
STOCK MARKETS
Resident investors, FIIs brought under MAPIN net — Told to obtain UIN by March 31
THE Securities and Exchange Board of India (SEBI) has made it mandatory for certain resident investors and all foreign institutional investors (FIIs) to obtain unique identification number (UIN) under the Market Participants and Investors (MAPIN) ...
More
Grasim buoyed by VSF expansion plans
REPORTS of Grasim planning another expansion in its VSF business over the next 18 months have reportedly allayed market concerns of the possibility of a slowdown in the company's profitability in financial year 2006 and 2007. Brokers are of ...
More
Sesa Goa gains on hope of good growth prospects
THE stock price of Sesa Goa remained firm on Tuesday's trading on market expectation of strong second quarter and full financial year performance. The iron ore company reported strong first quarter performance. Some of the top broking firms ...
More
Welspun stock sees renewed buying interest
THE stock of Welpsun Gujarat Stahl Rohren strengthened on the bourses on Tuesday on renewed buying interest. Brokers said expectation of better numbers is keeping alive interest in this counter. It reported dismal Q1 numbers. The company ...
More
DERIVATIVES MARKETS
Outlook negative for Reliance, HCL Tech
THE following strategies are based on Tuesday's trading in the spot and the derivatives segment on the NSE: Reliance Industries: The stock closed at Rs 540 in the spot market. The outlook appears negative. The downside price target is Rs ...
More
REGULATORY BODIES & RULINGS
SEBI panel suggests disclosing names of top 10 trading members
THE names of top 10 brokers and trading members in terms of trading volumes in each security in the cash and derivative market can now be disclosed by the exchanges. According to the recommendations of SEBI's advisory committee on derivatives ...
More
COMMENTARY
Sensex down, Nifty up in wishy-washy market
AFTER the powerful rally that led to an upward surge in the major stock market indices during the last few trading sessions, the markets seemed to have got into a mild correction mode on Tuesday. The raging rally in the markets had taken ...
More
IPOS
Writing off NTPC dues — Home, Power Ministries at loggerheads
THE Union Home Ministry has proposed to write off Rs 2,023 crore of its dues to the National Thermal Power Corporation (NTPC), besides another Rs 9,426 crore owed to the Railways and public sector coal companies. Opposing this move, the Power ...
More
Oriental Bank offers loan to buy public issues
ORIENTAL Bank of Commerce has launched Equity, a loan to buy IPO shares. Through this, OBC will offer a maximum amount of Rs 10 lakh. The loan will be extended at nine per cent per annum. The margin to be contributed by the customer is 40 per ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds