MARKETS
MUTUAL FUNDS
SEBI forms panel on infrastructure funds
The Securities and Exchange Board of India has announced the constitution of a committee to suggest an action plan to frame guidelines for mutual funds to launch and operate in infrastructure funds. This follows the announcement by the Finance ...
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STOCKS
Indiabulls Real Estate turns weak
Indiabulls Real Estate Ltd, which was de-merged from Indiabulls Financial Services Ltd in January, listed on the BSE at Rs 380.05. The stock touched a high of Rs 414.80 before closing at Rs 325.65. On the NSE, the stock opened at Rs 408. It ...
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TECHNICAL ANALYSIS
Volatile movement
Friday's trading activity witnessed volatile movement. The sentiment reading of the tradable counters remains bullish. Bear move on Monday is likely to change the sentiment reading in their favour. On the contrary the prevailing bullish sentiment ...
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INTERVIEW
HSBC sees risk appetite returning in emerging markets
Mr Peter Morgan, Chief Economist, Asia Pacific of HSBC, says there is no risk of Fed tightening rates and in fact sees cuts in September. HSBC believes emerging markets are less dependent on US growth than before and adds that confidence and ...
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COMMENTARY
Capital goods stocks hold in weak markets
After forging a tentative recovery during the week, the markets closed Friday's trading session on a lacklustre note, with the BSE Sensex shedding 22 points, while the CNX Nifty declined 14 points over the previous close. Mid-cap stocks fared ...
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IPOS
ICRA initial public offering subscribed 75 times
The initial public offering of credit assessor ICRA Ltd received good response from the markets on Friday, getting subscribed 75.04 times on the BSE and the NSE at 7.30 pm. Bids were received across the price band of Rs 275-330. The total ...
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Orbit Corp issue subscribed 3.85 times
The initial public offering of Orbit Corporation Ltd was subscribed 3.85 times on the BSE and the NSE on Friday as of 5 p.m on Friday. Bids were received across the price band of Rs 108-Rs 117. A total of 3.50 crore bids were received ...
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VENTURE CAPITAL
Citigroup arm picks up 19.9% in Anand Rathi
Citigroup Venture Capital International, the private equity arm of Citigroup Inc, has bought 19.9 per cent in Anand Rathi Securities Ltd for an undisclosed sum. "It is a purely financial deal. We will use the money to grow all parts of our ...
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INVESTOR PROTECTION
Mandatory IPO grading `positive' for investors
Rating agencies will not comment on price band or valuations
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