MARKETS
PREFERENTIAL ALLOTMENTS
El Forge to issue FCDs to promoters
EL FORGE Ltd plans to issue 1.65 lakh fully convertible debentures of Rs 84 each to one of its promoters, Chendur Forgings Ltd, and 5.35 lakh fully convertible debentures (FCDs) to other investors. In a communication to the Bombay Stock ...
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MUTUAL FUNDS
Spreading Harmony thru Reliance MF
HARMONY, a platform for senior citizens set up by the Dhirubhai Ambani Memorial Trust, is using an altogether different vehicle to spread its message - Reliance Mutual Fund. The latest quarterly communication from the fund carries a ...
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TECHNICAL ANALYSIS
Range-bound movement
THURSDAY'S trading activity witnessed range bound movement. Neither the bulls nor the bears could gain much from the day's trading. The sentiment reading of the tradable counters remains strongly bullish. Bear domination on Friday is likely to ...
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STOCK MARKETS
Usha Martin gains on export potential
THE stock price of steel manufacturing company Usha Martin has been on the rise over the last few days on huge growth potential for the company's product in the export market. Export order from elevator maker Otis has also attracted the ...
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Colgate gains on big player tag
THE talk of Colgate gaining market share vis-à-vis, HLL has seen a sharp jump by more than 200 per cent in terms of volumes in the former over the past five days. Brokers said that the counter has also witnessed some amount of fund buying. ...
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DERIVATIVES MARKETS
Grasim: Outlook negative, sell November futures
THE following strategies are based on Thursday's trading in the spot and the derivatives segment on the NSE: BoB: The stock closed at Rs 172 in the spot market. The outlook could turn negative if the stock moves below Rs 170. The ...
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REGULATORY BODIES & RULINGS
Will single regulator for commodity, equity markets work?
THE Finance Minister, Mr P. Chidambaram's statement last Friday during the NSE function in Mumbai that the Government would soon move towards having a single regulator for equity and commodity markets has, as expected, created a flutter among ...
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COMMENTARY
Momentum eludes market; PSUs, banks shine
STOCK prices were unable to build on the momentum that had gathered over the past two trading sessions and key indices ended the day with losses. The BSE Sensex started the day with a notable gap over the previous day's close, but pivotals could ...
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IPOS
`Ultimate pricing in public issues is a judgment call'
VALUING an equity share eventually boils down to gut feel, said Ms Shanthi Ekambaram, Director, Kotak Mahindra Capital, on Thursday at a conference on `Emerging global trends in corporate finance' organised by the Confederation of Indian ...
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NTPC listing today
NTPC shares will list on stock exchanges tomorrow. The trading in the securities of NTPC will also begin in the derivatives segment of the BSE and the NSE. Last month, NTPC had come out with an IPO at Rs 62 per share. In a notice to its ...
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IBS plans IPO to raise Rs 451 cr
IN a bid to fund its next phase of growth, IBS Software Services Pvt Ltd, the Thiruvananthapuram-based solutions provider for travel, transportation and logistics verticals, expects to come out with an initial public offer to raise about $100 ...
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