MARKETS
MUTUAL FUNDS
AMFI moots new classification for sectors
SECTOR nomenclature will soon be re-defined for mutual funds, an exercise that has been mooted at the first meeting of a panel appointed by the Association of Mutual Funds in India (AMFI), the industry body. The committee has sought to bring ...
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TAXATION
Service tax dispute: Distributors can smile as AMCs `agree' for TDS
ASSET management companies (AMCs) and distributors are agreeing to meet halfway in the service tax dispute. A petition signed by leading mutual fund distributors seeking that the service tax be deducted at source by AMCs is being submitted to the ...
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TECHNICAL ANALYSIS
Bear domination
BEARS prevailed over Monday's trading activity. The sentiment reading of the tradable counters stands bearish. Bull pressure on Tuesday is likely to change the sentiment in its favour. On the contrary, the prevailing bearish sentiment is likely ...
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STOCK MARKETS
Titan ticking up on gold run?
TITAN Industries has been moving from strength to strength on the bourses. The stock that was ruling at Rs 110.25 (BSE) levels has appreciated by about 47 per cent to its current levels of around Rs 162. While some market participants ...
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Cranes Software gains on Q2 number hopes
CRANES Software International Ltd (CSIL) has been on a rise since the beginning of this month on expectation of good second quarter results, brokers and analysts said. The Bangalore-based CSIL caters to the requirements of scientists and ...
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DERIVATIVES MARKETS
Outlook positive for BPCL, negative for BHEL
THE following strategies are based on Monday's trading in the spot and the derivatives segment on the NSE: BPCL: The stock closed at Rs 348 in the spot market. The outlook appears positive but the uptrend will be speedy after the stock ...
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COMMENTARY
Firm oil price dampens market sentiment
THE announcement of earnings numbers failed to give a kicker to stock prices, which ended in the negative territory on Monday. The buoyant mood witnessed in the early hours of the trading session could not be sustained, as the unabated rise in ...
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