MARKETS
OPEN OFFERS
Vickers System gets bids at Rs 500
VICKERS Systems International has received bids for over 74,000 shares at Rs 500 price band for its reverse book-building offer. Bids for a nominal 800 shares have been logged at Rs 125, according to data from the NSE. The buy back of ...
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TAXATION
`Bourses equipped to implement transaction tax'
STOCK exchanges are fully prepared and equipped to implement the proposed securities transaction tax (STT) that is to come into force from a date to be notified by the Central Government. "We are waiting for the President's assent on the ...
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TECHNICAL ANALYSIS
Bears prevail
BEARS were successful to the extent of reducing the bull count during Thursday's trading. However, the sentiment reading of the tradable counters stands mildly in favour of the bulls. Bear pressure on Friday is likely to turn the sentiment ...
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STOCK MARKETS
Havells in focus on large order talk
ELECTRICAL equipment company, Havells India Ltd, has been on the market radar for some time now. Though the stock ended in negative territory on Thursday, rumours of a large order in the pipeline have kept interest alive at the counter. ...
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Powers ahead
THE stock of Power Trading Corporation (PTC) on Thursday witnessed active interest from market players with increased volumes along with rise in price. The stock was up 5.52 per cent at Rs 56.40 on the BSE with volumes of 52.56 lakh shares; on ...
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e-Serve staff trust, Alliance Capital sell shares thru tender
FOREIGN INSTITUTIONAL INVESTORS
RBI bans FII buying in Pritish Nandy
MUMBAI: The RBI has notified that no further purchases of equity shares of Pritish Nandy Communications be made on behalf of FIIs without its permission. The company has reached the trigger limit of 22 per cent of its paid up capital, ...
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INTERVIEW
`Cement, capital goods will outperform broad market'
SBI Mutual Fund, which has just entered into a tie-up with Societe Generale, is seeking to change some of its key systems with the hope of becoming more market-oriented. The fund is also actively modifying its portfolios in line with changes ...
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COMMENTARY
Infosys survives BSE roller coaster
MARKETS witnessed a roller coaster ride, as the benchmark BSE Sensex closed the day on a negative note. The 30-stock index was down 12.13 points (0.23 per cent). After opening firm at 5218.95 points, about 10 points higher than the previous ...
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