MARKETS
MUTUAL FUNDS
To mark 10th anniversary — Franklin to pay tax-free dividend on Prima Plus
FRANKLIN India Prima Plus (FIPP), a diversified equity fund of Franklin Templeton Investments, has completed a decade of existence and to commemorate this occasion Franklin Templeton has announced a special 10th anniversary tax-free dividend, ...
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TECHNICAL ANALYSIS
Bear domination
BEARS were in total control of Thursday's trading activity. The sentiment reading of the tradable counters stands bearish. Bull move on Monday is likely to gain substantially, thereby, changing the sentiment reading to bullish. Otherwise, the ...
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STOCK MARKETS
Good results buzz boosts Zensar Tech scrip
THE counter of IT company Zensar Technologies gained on Thursday. Stock price of the company closed at Rs 140.60, up 8.57 per cent, with volumes of 2.80 lakh on shares on the BSE; on the NSE, it closed at Rs 140.70, up 8.82 per cent, with volumes ...
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Crest Comm jumps on talk of launching animation serials
RUMOURS of Crest Communication Ltd (CCL) being close to launching a couple of animation serials in the US, have been spurring interest in the counter. . Market expectations are also high on hopes that the company would report better numbers ...
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`Infy breakthrough into Nasdaq-100 could trigger Indian listings'
NASDAQ is keenly awaiting the qualification of Infosys Technologies in the Nasdaq 100 Index , the main index of the exchange, as the trigger that could open the gates for many Indian companies to go for Nasdaq listing, says Mr Stuart C. ...
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DERIVATIVES MARKETS
Outlook could turn positive for ITC, Polaris
THE following strategies are based on Thursday's trading in the spot and the derivatives segment on the NSE: ITC: The stock closed at Rs 1,085 in the spot market. The outlook will turn positive if the stock moves above Rs 1,094. The ...
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REGULATORY BODIES & RULINGS
SEBI exempts Lotus Chocolate promoters from open offer
MUMBAI: SEBI has passed an order granting exemption to Mr Devabhaktuni Durga Prasad acting in concert with Mr Alapati Ramakrishna from making an open offer under the proposed acquisition of shares of Lotus Chocolate Company Ltd. ...
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COMMENTARY
Benchmarks down for 2nd successive week
THE key market indices ended the day on a weak note. In the process, both the BSE Sensex and S&P CNX Nifty have recorded second successive week of net decline. The Sensex closed lower by 31.96 points on Thursday at close at 5641.06 points and ..
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IPOS
Govt mulls 5 pc equity offer in PowerGrid, PFC
THE Power Ministry is mulling a 5 per cent equity offering of fresh shares in Power Grid Corporation of India Ltd (PGCIL) and Power Finance Corporation (PFC). In the case of PGCIL, there are several business concerns expressed by its ...
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