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Thursday, April 30, 2009
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STOCK MARKETS: Market bounces back, Sensex shoots up 401
Mumbai, April 29 After falling 370 points on Tuesday the Sensex bounced back with a 401 points or 3.65 per cent gain on Wednesday as traders covered their short positions on the expiry of the April Futures and Options (F&O) ...

FOREIGN INSTITUTIONAL INVESTORS: Overseas investors’ inflows turn positive
Sensex leads global rally in April. Foreign Institutional Investors (FIIs) have turned net buyers in the Indian markets in ...

FINANCIAL SERVICES: Analysts bet on coalition led by major party for stability
‘India will grow if incremental reforms are continued’. Kolkata, April 29 Political establishment may not view millions of dispersed investors in Indian equities as a homogeneous set of voters, whose interest, unlike taxpayers, ...

ECONOMIC OFFENCES: Markets and manipulation
Despite all the stock market reforms carried out, it appears that the system can still be subverted to the detriment of small and marginal investors. The recent SEBI order in the case of price manipulation of Pyramid Saimira’s ...

INTERVIEW: BNP entry gives ‘fantastic platform’ for Geojit
CEO sees an opportunity in downturn and says more NRIs will be targeted. Mumbai, April 29 Mr C.J. George, CEO of Geojit BNP Paribas Financial Services, talks about the way forward after the entry of BNP Paribas, which will eventually hold a 34 ...

ASSET MANAGEMENT COMPANIES: UTI to take Retirement Benefit Fund to 7 lakh working poor
The fund has invested 23% of its assets in equity. Mumbai, April 29 UTI Asset Management Company on Wednesday announced a tie-up with a livelihood promotion institution to take the UTI Retirement Benefit Fund to a targeted 7,00,000 ...

Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (April 29)
Nifty (at close)3,474(+111.65)
US Dollar (Buy/Sell)50.04/05
Brent crude (a bbl) Rs2,476
Gold (a gram) Rs1,364
Silver (a kg) Rs22,250

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