STP goes into action today
INSTITUTIONAL transactions in securities are expected to be quicker and cost-effective from Thursday as the straight through processing (STP) system goes into action. STP has become mandatory for all institutional transactions in the equity ...
Century Ply gets ready for BSE, NSE listing
THE city-based Century Plyboards (India) Ltd, a major player in the plywood sector, has applied for BSE and NSE listing after expanding its capital base through rights and bonus issues. The promoters of the company have reduced their holding ...
Bear pressure on Thursday is likely to change the sentiment reading in their favour. Otherwise, the prevailing sentiment is likely to continue with a slight change in its value. Click here for ...
HSE trading to resume today
THE trading activities at the Hyderabad Stock Exchange (HSE) would resume from Thursday with the exchange rectifying the technical snags in the server on Wednesday. The exchange officials had earlier informed that the trading operations got ...
Siemens scrip attracts buyers on Budget sop buzz
THE Siemens stock today moved up by over three per cent on strong investment buying. The delivery figures were close to cent per cent on major bourses. On NSE, there was a block deal of 30,400 shares. Siemens-led consortium including L&T and ...
HFCL gains on huge volumes
HIMACHAL Futuristic Communication Ltd (HFCL) stock on Wednesday witnessed increased buying along with rise in the stock price. The company's stock price gained 9.66 per cent at Rs 8.40 on the BSE with volume of 1.80 crore shares and on the NSE ...
Cross deal in ONGC
THE stock of the oil and gas major ONGC witnessed a cross deal on the BSE whereupon reportedly 45 lakh shares changed hands. Word on the street was that the deal, which took place during mid-afternoon trade, was between foreign fund Janus and ...
ICICI Bank's outlook negative, sell July futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: Tata Steel: The stock closed at Rs 301 in the spot market. The outlook could turn negative if the stock trades below Rs 297. ...
REGULATORY BODIES & RULINGS
SEBI turns down PMS bid of Wealth Management Advisory
The Securities and Exchange Board (SEBI) has rejected a bid by the Kolkata-based Wealth Management Advisory Services Ltd to register as a portfolio manager, in view of the action takenagainst certain companies connected with it. Allowing it to ...
Sensex runs out of steam
AFTER closing in positive territory in the last four trading sessions, the BSE Sensex lost steam on Wednesday, shedding 45.92 points (or 0.95 per cent) to settle at 4795.46 points. The markets appear to have shrugged the encouraging GDP growth ...
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