MARKETS
MUTUAL FUNDS
Investors not keen on fund of funds
THOUGH asset management companies were enthusiastically launching fund of funds or asset allocation products, there seem to be very few takers for these now. Conceptually, fund of funds were expected to help investors cut through the clutter ...
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US fund managers' body to help investors keen on India
INVESTMENT Company Institute, the apex body formed by fund managers in the US, has started working overtime for members who are seeking to increase their allocation to India. ICI, for starters, has supported the recently-introduced norms on ...
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TECHNICAL ANALYSIS
Bull domination
BULLS dominated the trading activity on Wednesday. The sentiment reading of the tradable counters turned bullish. Bear domination on Thursday is likely to reduce the bull count to the bare minimum, thereby neutralising sentiment reading. On ...
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STOCK MARKETS
Block deal in Jayaswal Neco
THE stock of the Nagpur-based iron and steel foundry company Jayaswal Neco topped the volume chart of the B2-group on the BSE on Wednesday with around 66.75 lakh shares traded. The stock, which was also trading at circuit, was witness to ...
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HSBC offloads 6.1 pc in SSI
SSI Ltd has informed the National Stock Exchange that HSBC Financial Services (Middle East) Ltd has sold 8,22,154 equity shares of Rs 10 each (6.105 per cent) of the company. The date of sale was October 14 through open market. The shareholding ...
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Refineries' stocks float on higher profit margin hopes
WITH international oil prices remaining firm, stock prices of standalone refineries were in the limelight in today's trading. Brokers and analysts said with higher crude prices refining margins will also be higher for these companies. In ...
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REGULATORY BODIES & RULINGS
Creditcapital's PMS proposal rejected
THE Securities and Exchange Board of India (SEBI) has rejected an application by Creditcapital Asset Management Company, which manages the schemes of Taurus Mutual Fund, for registration as a portfolio manager. The order, passed by Mr A.K. ...
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COMMENTARY
Markets end on bullish note
THE markets ended on a bullish note for the second day after a sharp downfall on Monday. The Sensex gained 11.78 points to close at 5662.87 points in an extremely volatile trading session. The Sensex lost much of its intraday gains towards the ...
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RIGHTS ISSUE
Color Chips board okays rights offer
HYDERABAD: Color Chips India has informed BSE that a meeting of the company's board of directors held on Mondayapproved issue of shares on rights basis. The issue will be in the ratio of one equity share for every two shares held by ...
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INVESTOR PROTECTION
A number to count on
Krishna Sharan Mishra on the advantages of the Unique Identification Number
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Stock Quotes
SE Diary
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