The Hindu Business Line : Thursday, March 10, 2005

Chola MF dividend on Mid-cap scheme
NEW DELHI: Chola Mutual Fund has declared a third dividend of 10 per cent on its Mid-cap scheme, which invests primarily in shares of companies that have a market capitalisation of Rs 300-3,000 crore. Investors who are registered as ... More

ABN Amro IPO for Opportunities Fund
ABN Amro Asset Management's Opportunities Fund opened for its initial public offer on Wednesday. This open-ended equity fund will invest in scrips across market caps and sectors, company officials said. The initial public offer of the scheme ... More

TECHNICAL ANALYSIS

Bears prevail
BEARS gained control of Wednesday's trading activity. Their dominance resulted in reducing the bull count by a considerable margin. However, the sentiment reading of the tradable counters stands mildly in favour of the bulls. Bear move on ... More

STOCK MARKETS

Cipla zooms on speculation of stake sale, buy plans
THE stock price of pharma company Cipla today shot up sharply on the back of market expectations regarding either an acquisition abroad or plans by the promoters to off-load equity to a multinational drug company. According to brokers, the ... More

Following his foot step
MARKET players have turned bullish on construction and engineering companies and within this segment they are looking at McNally Bharat. Dealers said there is selective interest in this stock on the grounds that the company would show good ... More

Scandent Solutions makes debut on BSE, NSE
SCANDENT Solutions on Wednesday got listed on the Bombay Stock Exchange and the National Stock Exchange. The stock opened at Rs 190 on the BSE and closed at Rs 206.65, after hitting a peak of Rs 228. Over 25 lakh shares were were traded on the ... More

ASSET MANAGEMENT COMPANIES

AMCs struggling to prevent funds erosion
While distributors, who hold the key to directing investments into funds, rake in the moolah, AMCs are left to rack their brains about the next product idea. More

COMMENTARY

Reliance, HLL lose ground as markets cool off
ENDING a five-day rising trend, key market indices ended Wednesday on a weak note. After a strong trend in the opening session, the sentiment turned weak, pushing the indices to their intra-day lows. Though they bounced off the day's low, they ... More

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