MARKETS
NEW FUND OFFER
HDFC Mutual launches mid-cap fund
HDFC Mutual Fund has launched a three-year, close-ended scheme, HDFC Mid-cap Opportunities Fund. The scheme will automatically become open-ended on maturity. The new fund offer opens on May 7 and closes on June 8. The investment objective is ...
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MUTUAL FUNDS
Equity funds hike holdings in select media stocks
Equity funds seem to have lately increased their holdings in select media stocks, taking their overall exposure to the sector even higher, sources said. Counters such as TV 18, Deccan Chronicle, NDTV and Zee currently figure in quite a few ...
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No entry load on Lotus Contra fund SIP
All investments in Lotus India Contra Fund through a Systematic Investment Plan will not attract any entry load starting from May 15, according to an official release from Lotus India AMC. Additionally, the minimum SIP amount has been brought ...
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STOCKS
Bajaj Auto skids further
The stock price of Bajaj Auto fell by Rs 213.50 or 8.54 per cent to close at Rs 2,286.80 on the BSE on Friday. The company's stock plunged for the second consecutive day as analysts continued to express concern over the valuation of the ...
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TECHNICAL ANALYSIS
Sideways movement
Friday's trading activity witnessed sideways movement. The sentiment reading of the tradable counters remains bullish. Bear move on Monday has the potential to change the sentiment reading in their favour. On the contrary, the prevailing bullish ...
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STOCK EXCHANGES
BSE places 51% equity with 21 investors
`LIC, SBI among 19 entities that picked up 41% stake'
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IPOS
Oswal Woollen public issue gets nod
Nahar Group company Oswal Woollen Mills Ltd has got regulatory nod for its proposed public issue of up to 83.2 lakh shares of Rs 10 each through the book building route, a company release said here. The net issue will constitute 25.05 per cent ...
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OUTLOOK
Fund houses looking more at `sensitive' sectors
Sharp fall in exposure in recent days
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