MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, Oct. 10 Bharti Airtel has said that the Reserve Bank of India has notified that Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs) / Persons of Indian Origin (PIOs) can now purchase equity shares ...
More
INSIGHT
18.6 K, and counting
Political uncertainty doesn’t seem to be bothering the market any more. It seems to have learnt, over a painful transition period following May 2004, that whichever government is in power at the Centre, economic reforms and a free market policy will continue. And this is also why global investors are still pouring money into the Indian equity market, points out RASHEEDA BHAGAT.
More
MUTUAL FUNDS
SBI Funds to manage savings of low-income
New Delhi, Oct. 10 SBI Funds Management, an asset management company, plans to soon partner with Invest India Micro Pension Services (IIMPS) in managing the savings of the low-income workforce mobilised under the micro pension services ...
More
‘Mutual funds best bet to beat inflation’
Coimbatore, Oct 10 Mutual fund is the best instrument to beat inflation and with the inflation rate hovering around 5 per cent a year on an average, only if one invests regularly in MFs one would be able to create a solid asset after 20 or 30 ...
More
STOCKS
Jai Corp to invest Rs 1,000 cr
Jai Corporation Ltd, a Mumbai-based company, would be investing up to Rs 1,000 crore in Mumbai SEZ Ltd and Rewas Port Ltd, both being promoted by Reliance Industries Ltd. The annual general meeting of the company last month had approved ...
More
TECHNICAL ANALYSIS
Bull prevails
Bull prevailed over Wednesday’s trading activity. The sentiment reading of the tradable counters remains bullish. Bear move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the current ...
More
STOCK MARKETS
Govt’s new ethanol policy lifts sugar stocks
Analysts feel the rally will be only for short-term
More
Farm equipment cos shine
The market seemed to have picked up some positive cues from SBI’s move to soften its interest rates on loans to the farm machines including tractors as also for the four- and two-wheelers. Stocks of automobile companies, many of which makes ...
More
DERIVATIVES MARKETS
Adlabs Films star performer
Nifty future premium widens further
More
FOREIGN INSTITUTIONAL INVESTORS
Sensex retains steam on strong FII buying
Mumbai, Oct.10 The bull rally on the bourse continues unabated. After the highest single-day gain on Tuesday, the benchmark indices at both the BSE and the NSE rose by another two percentage points on Wednesday. At BSE, the Sensex closed at ...
More
REGULATORY BODIES & RULINGS
Registration must for investment advisers: SEBI draft
Any advice by direct/indirect means thru publications
More
RECOMMENDATION
Today's Pick: Ambuja Cements (Rs 151.4)
We recommend a buy in Ambuja Cements at current price. It is evident from the weekly chart of Ambuja Cements that the stock has been in a strong long-term uptrend since March 2003. Following a 33 per cent fall in February and March, the stock has ...
More
Day Trading Guide
The stock is close to a near term resistance at Rs 1,076. Sell the stock if it reverses from this level. Infosys The outlook for the stock stays positive as long as it remains above Rs 2,030. Do not initiate ...
More
IPOS
Dhanus Tech issue price fixed at Rs 295
Dhanus Technologies Ltd has fixed its public issue price at Rs 295 per equity share of Rs 10, according to a press release. The company entered the capital market on September 10 with a public issue of 38.35 lakh equity shares of Rs 10 ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|