MARKETS
FINANCIAL SERVICES
Retail brokerages eye more distribution tie-ups
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Hutch unveils stock alert packs
Hutch, in association with Asia’s financial and business portal Moneycontrol.com, has introduced a comprehensive range of stock alert packs, which will not only provide information on mainline Indian indices and global markets but also have ...
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MUTUAL FUNDS
Investors turn to cos in mid-cap sector at lower valuations
Analysts, investors betting on stock-specific action
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STOCKS
IDBI sells 2% in NSE for $50 m
Mumbai, June 28 IDBI has sold 9 lakh equity shares constituting 2 per cent of the issued and paid-up capital of National Stock Exchange of India Ltd to MS Strategic (Mauritius) Ltd for $50 million. The deal is subject to approval from ...
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Kesoram gains 7% on BK Birla’s announcement
‘ Succession plan to help company in long-run’
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Cement shares jump as Finance Minister denies price control
Prices remain stable around Rs 240 a 50-kg bag in Western region
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Ricoh to pre-close pref shares
Ricoh India will redeem prematurely the 5-lakh, 7.5-per cent cumulative preference shares of Rs 100 each on or before September 30, its board of directors decided today. “In view of the premature redemption of preference shares by ...
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TECHNICAL ANALYSIS
Sideways movement
Thursday’s trading witnessed sideways movement. The sentiment reading of the tradable counters stands neutral. Bull move on Friday is likely to change the sentiment reading in their favour. On the contrary, sentiment reading is likely to ...
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STOCK MARKETS
IDBI rides on IFCI prospects
The stock of IDBI Ltd has considerably appreciated over the past month with high volumes recorded both on the BSE and NSE. IDBI, which has 5.01 per cent stake in the finance lending institution IFCI, is likely to benefit with IFCI planning to ...
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ASSET MANAGEMENT COMPANIES
SBI plans holding co for insurance, asset management
It will be listed for unlocking the value in subsidiaries
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IPOS
HDIL issue subscribed 0.26 times on day 1
Mumbai, June 28 The initial public offering of Housing Development and Infrastructure Company Ltd was subscribed 0.26 times on its opening day. According to data available on the NSE at 5 p.m., a total of 76,91,376 bids were received ...
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Meghmani lists with 75% premium
Mumbai, June 28 The stock of Meghmani Organics Ltd made its debut on the BSE at a premium of 75 per cent at Rs 33.25 against its issue price of Rs 19. The stock touched an intra-day high of Rs 34 and a low of Rs 26.15 before closing at Rs ...
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