The Hindu Business Line : Thursday, January 19, 2006

New SEBI norms for institutional placement
THE committee set up by SEBI on raising funds from the domestic market has said the aggregate number of the proposed placement and all previous placements made in the same financial year in terms of placement size should not exceed five times the ... More

MUTUAL FUNDS

Brisk trading in Morgan Stanley Growth Fund
MORGAN Stanley Growth Fund (MSGF) is witnessing brisk trading on the exchanges, characterised by very high volumes. On Wednesday, the fund recorded total traded quantities of 1,99,414 units and 1,69,440 units on the NSE and the BSE ... More

STOCKS

Demerged RIL share valued at Rs 714 in special trading session
THE Reliance Industries Ltd stock closed at Rs 713.93 at the special trading session held today to discover its price after the demerger of its telecom, finance and energy businesses. The price is 23.07 per cent lower from Tuesday's close of Rs ... More

Taking the call on Reliance Info, post-demerger
THE imputed value of Reliance Infocomm, the telecom venture under Mr Anil Ambani, works out to Rs 146 per share, post demerger. This is based on the price discovery in the special trading session held today for Reliance Industries, in which the ... More

Rishabh Digha Steel sees huge volumes
The stock on Wednesday clocked a traded quantity of over 1.33 lakh shares and its fortnightly average on the BSE stands at around 6.10 lakh shares. The stock price has also been firming up. In the last one week, it has gained 7.31 per cent. ... More

Phaarmasia equity revamp
HYDERABAD: Phaarmasia Ltd has informed the stock exchanges that a meeting of its board of directors would be held on January 23 to take note of the orders of Andhra Pradesh High Court on scheme of arrangement among others. In terms of ... More

TECHNICAL ANALYSIS

Bears prevail
BEARS prevailed over Wednesday's trading activity. The sentiment reading of the tradable counters remains bearish. Bull domination on Thursday is likely to change the sentiment reading in their favour. On the contrary, the bearish sentiment is ... More

STOCK MARKETS

Oudh Sugar rises on `buy' talk
THE Oudh Sugar Mills counter has been witnessing hectic activity over the last three to four trading sessions, after a couple of brokerage firms recommended a buy on the stock. The Oudh Sugar stock has shot up by about 54.62 per cent (from Rs ... More

REGULATORY BODIES & RULINGS

Cos may be allowed to raise funds by regulated placement of shares with QIBs
AS an alternative to GDR and FCCB (foreign currency convertible bonds) routes, listed Indian companies may be allowed to raise funds from the domestic market by a regulated placement of shares with qualified institutional investors (QIBs). ... More

COMMENTARY

Soft rupee, listless Asian trend pull markets down
BEARS appeared to be all-round the market place aided by a computation error on the NSE. Sharp declines in the Asian markets and a weakening rupee appeared to have furthered their cause. In the early hours the S&P CNX Nifty down by more than 3 .. More

RIGHTS ISSUE

Bank of Rajasthan okays 1:5 rights
BANK OF Rajasthan has reported net profit of Rs 9.6 crore for the quarter ended December 31, 2005, against Rs 7 crore in the year-ago quarter. The bank has also approved a rights issue in the ratio of 1:5 (one share against every five shares held ... More

ECONOMIC OFFENCES

`Check money laundering'
SEBI on Wednesday asked market intermediaries to put in place a proper mechanism in a month's time to check money laundering as per the Ministry of Finance guidelines. A notification was issued to stock exchange intermediaries including stock ... More

Stock Quotes
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