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MARKETS
STOCK MARKETS:
Negative sentiment dampens market
Indian equities continued to dip the second day in a row on Friday, on rising concerns over the poor monsoon coupled with weak global cues. The Sensex and the Nifty fell by over two per cent each, the first shedding more than 350 points to ...
STOCK MARKETS:
FIIs up holdings by Rs 2 lakh cr
Chennai, Aug. 7 FII holdings in S&P CNX 500 companies went up from Rs 3.52 lakh crore at the end of March 2009 to Rs 5.8 lakh crore on June 30. About 80 per cent of the increase was because of a rise in ...
IPOS:
NHPC public issue fully subscribed in 5 minutes
Main subscribers were qualified institutional buyers. Mumbai, Aug. 7 The initial public offering of the State-run hydro-power firm, NHPC, was subscribed 3.54 times on the first ...
FOREIGN INSTITUTIONAL INVESTORS:
Interest rates may go up next year: DSP Merrill
RBI may turn focus on inflation. Mumbai, Aug. 7 As the Indian economy starts to recover, the Reserve Bank of India might look at reversing the interest rate cuts over the last year, said Mr Jyotivardhan Jaipuria, Managing Director and Head of ...
MUTUAL FUNDS:
Uniform exit loads for all investors
The Securities and Exchange Board of India has asked mutual funds to charge all classes of investors the same exit load. This would mean that mutual funds cannot charge differential exit loads for retail and ...
STOCKS:
Power stocks slip
Even as the initial public offering of NHPC witnessed a good response on day one itself, most power stocks on Friday succumbed to selling ...
EVENTS:
Markets this week
Indian markets extended the rally for the third straight day on Monday, driving the benchmark indices to their highest level in more than ...
STOCK MARKETS:
Downtrend continues
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MERGERS & ACQUISITIONS:
BSE picks up 15% stake in United Stock Exchange
Mumbai, Aug. 7 The BSE announced on Friday that it has picked up a 15 per cent stake in United Stock Exchange (USE), a recent entrant into the currency derivatives ...
FINANCIAL SERVICES:
Broking firms’ service tax collection falls 49%
New Delhi, Aug. 7 The Centre collected service tax of Rs 795 crore in 2008-09 from stock brokerage ...
Columnists:
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Harish Bijoor
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Ramanujam Sridhar
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S Ramesh Kumar
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Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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