MARKETS
MUTUAL FUNDS
Templeton MF increases stake in Indian Rayon
INDIAN Rayon & Industries Ltd has informed the National Stock Exchange that Templeton Mutual Fund has through its various schemes acquired 4,10,360 shares of Indian Rayon & Industries Ltd taking its shareholding in the company to 7.06 per ...
More
TECHNICAL ANALYSIS
Bear domination
BEAR dominance on Friday neutralised the sentiment reading. Further bear pressure on Monday is likely to change the sentiment reading to bearish. On the contrary, the sentiment reading is likely to turn bullish. Nifty futures ...
More
STOCK MARKETS
Textile stocks in limelight
TEXTILE stocks regained their interest in Friday's trading aided by the Finance Minister, Mr P. Chidambaram's indications that he might alter the tax structure on man-made fibres. The interest in these stocks was also due to the end of quota ...
More
Promoter buying props up Aban
THE stock of oil drilling company Aban Loyd Chiles was on the rise in the last two days along with increase in trading volumes. Dealers said the rise in the stock price is on talks that the promoters of the company are purchasing the shares of ...
More
DERIVATIVES MARKETS
Tata Tea: Outlook negative, sell August futures
THE following strategies are based on Friday's trading in the spot and the derivatives segments on the NSE: Tata Tea: The stock closed at Rs 410 in the spot market. The outlook appears negative. The downside price target is Rs ...
More
FOREIGN INSTITUTIONAL INVESTORS
FIIs allowed to buy Godrej Consumer shares under PIS
THE Reserve Bank of India has said that foreign institutional investors can now purchase equity shares and convertible debentures of Godrej Consumer Products Ltd under the portfolio investment scheme through primary markets and stock exchanges in ...
More
ASSET MANAGEMENT COMPANIES
ABN-Amro AMC unveils four schemes
ABN-Amro Asset Management (India) Ltd launched its first four products for the Indian market on Friday. These include an equity fund, monthly income plan, flexi debt scheme and a floating rate fund. The initial public offer of these schemes ...
More
REGULATORY BODIES & RULINGS
SEBI offers 80 pc interest waiver to brokers on registration fee
THE Securities and Exchange Board of India (SEBI) has slashed the interest liability to be paid by stockbrokers on the unpaid portion of the turnover-based registration fee that was introduced in 2002. The decision to reduce the fees has been ...
More
COMMENTARY
Inflation number deflates market sentiment — Auto components maintain smooth ride
EQUITIES ended the week on a tepid note, with widespread losses in Friday's trading. Higher-than-expected inflation numbers triggered the decline; stock prices had been flat till the headline inflation number of 7.5 per cent popped up on ...
More
IPOS
TCS offer subscribed 10 times; price band may be at Rs 850-875
TATA Consultancy Services' IPO was oversubscribed by 10 times, according to data from the stock exchanges. Bids for 57.18 crore shares were received. Over 5.5 crore shares were on offer from the company. Of this, over four crore bids were at ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds