MARKETS
NEW FUND OFFER
Sundaram BNP Paribas MF plans two new funds
Mumbai, Feb. 22 Sundaram BNP Paribas Mutual Fund plans to introduce two new funds — an Entertainment Opportunities Fund and Financial Services Opportunities Fund within the next two months.“Entertainment and the banking and ...
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STOCKS
Sugar stocks stay firm; withstand market fall
‘Ethanol will be in much demand’
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Promoter increasing stake in TV18
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SEBI shifts 5 scrips to rolling segment from trade-for-trade
Mumbai, Feb. 22 Market regulator SEBI on Thursday directed stock exchanges to shift five specific scrips from trade-for-trade segment to the rolling segment provided 50 per cent of the non-promoter holdings are already in the dematerialised ...
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TECHNICAL ANALYSIS
Bear domination
Bears dominated over Friday’s market activity. The sentiment reading of the tradable counters remains bearish. Bull domination on Monday is likely to change the sentiment reading in their favour. On the contrary, the current ...
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FOREIGN INSTITUTIONAL INVESTORS
FIRE Capital’s new real estate fund to be operational soon
New Delhi, Feb. 22 FIRE Capital’s new $500-million real estate fund, its second one for India, is expected to be operational in the next 3-6 months. While the first fund had committed investments in seven township projects, the upcoming ...
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IPOS
REC IPO subscribed 28 times
Mumbai, Feb. 22 The IPO of Rural Electrification Corporation was subscribed a total of 27.76 times across the price band. The issue received bids for 433 crore equity shares against the 15.61 crore equity shares on offer. The price band for ...
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