MARKETS
MUTUAL FUNDS
ICRA announces MF rankings
ICRA Online flagged off its maiden rankings of mutual funds on Thursday by selecting the best performing schemes for 2003 in 12 broad categories. On the debt side, the toppers are: IL&FS Gilt Fund (Category: Gilt - Long Term), Birla Gilt ...
More
STOCKS
IOC, GAIL cannot sell equity in ONGC for six months
THE Government, GAIL India and IOC will not be able to sell their equity in ONGC for six months after the proposed public offer for sale of 10 per cent Government equity in ONGC which is slated to open on March 5, a top company official has ...
More
TECHNICAL ANALYSIS
Bear domination
THE sentiment reading of the tradable counters continues to remain bearish with no downtrend counters. Bull domination on Friday has the potential to neutralise the sentiment reading. Otherwise, the prevailing bearish sentiment is likely to be ...
More
STOCK MARKETS
SEBI back on high alert, warns of strict action
THE Securities and Exchange Board of India (SEBI) has stepped up efforts to detect price manipulation on the stock market, especially in shares of PSUs that are being divested. Mr G.N. Bajpai, Chairman, SEBI, today said that the stock market ...
More
Sensex falls further, PSUs gain some support
THE Disinvestment Minister, Mr Arun Shourie's statement continued to impact the stock market with indices losing further on sustained selling. However, there was some buying in PSU stocks that are being divested. After opening firm in the ...
More
Supportive push for ONGC
AFTER continuous fall over the last few days, the counter of ONGC on Thursday found some support from local financial institutions. Even though dealers were not able to comment on the reason for the support from local financial institutions, ...
More
Several block deals in Jaiprakash Ind
THE Jaiprakash Industries stock today closed firm on the major stock bourses even as a majority of the stocks tumbled and strong apprehension of a bearish trend lurked. According dealers, some of the market players used the counter for their ...
More
VSNL moves up on positive developments
THE stock of telecom service provider Videsh Sanchar Nigam Ltd (VSNL) continued its upbeat tempo to end the day on a positive note in an otherwise volatile market on Thursday. Brokers maintain that a series of positive initiatives, some of ...
More
DERIVATIVES MARKETS
Activity picks up to mark expiry of Feb contracts
TRADING activity picked up sharply in the derivative segment on the NSE on Thursday, the last day for the settlement of February month contracts - Rs 18,144 crore on Thursday against Wednesday's figure of Rs 13,441 crore. Index futures: ...
More
SEBI move to alter derivative contract norms
THE Securities and Exchange Board of India has specified that a derivative contract should have a minimum value of Rs 2 lakh at the time of its introduction to the market. For stock based derivative contracts, the lot size would be in multiples ...
More
COMMENTARY
Volatility keeps heavies in negative territory
IN another volatile day of trading at the bourses, the BSE Sensex declined by 51.03 points (0.91 per cent) to close for Thursday at 5567.12 points. With the Government infusing some confidence over its stance in the offer for sale/public ...
More
IPOS
IBP public offer subscribed 75 pc of issue size
AFTER languishing for the first three days, the public offer of IBP received strong response from the investing community on Thursday with the issue being subscribed almost 75 per cent of the offer size. The issue of Dredging Corporation also ...
More
Data Access gets SEBI nod for Rs 120-cr IPO
INTERNATIONAL long distance operator Data Access (India) Ltd has received the mandatory clearance from SEBI for its forthcoming initial public offering (IPO) of equity shares to be sold through the book-building route According to Mr Siddhartha ...
More
Biocon IPO from March 11-18
BIOCON Ltd, the first domestic biotechnology company to go public, will open its IPO process on March 11 and keep the books open for a week till March 18. The company began its pre-offer road show today in Bangalore and will take it on to ...
More
Petronet LNG hopes to bag NTPC tender
PETRONET LNG Ltd (PLL) is the only company other than Shell India to be short-listed for NTPC's tender for supplying liquefied natural gas to its Kawas and Gandhar power plants. PLL, which plans to double the capacity of its five million-tonne ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds