MARKETS
MUTUAL FUNDS
Principal may merge acquired Sun F&C scheme with itself
PRINCIPAL Mutual Fund is studying the possibility of merging an equity scheme acquired from Sun F&C with its own scheme as they are similar. Principal's Tax Savings Fund and its Personal Tax Saver Fund both offer a tax rebate on investment. ...
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STOCKS
Nasdaq to delist US Airways
STOCKS of the now bankrupt US Airways Group Inc will be formally off the Nasdaq Stock Exchange from September 22, the company formally announced. The shares of US Airways dropped 26 per cent to 80 cents a share in ...
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TECHNICAL ANALYSIS
Bull sway
BULLS took charge of Thursday's trading activity. The sentiment reading of the tradable counters stands strongly bullish. Bear domination on Friday is likely to change the sentiment reading in its favour. On the contrary, the prevailing ...
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STOCK MARKETS
Rising global demand for ethanol fuels interest in Praj Ind
A STRONG order book backed by rising global demand for ethanol, is said to be fuelling interest in the stock of Praj Industries. The company reportedly has an order book position equivalent to 8-9 months of sales. Thus, the stock, which had ...
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NEPC India: Sur`pricing' arbitrage
STOCK market investors using price arbitrage to make money is a well-known fact. But an arbitrage opportunity of over 200 per cent is virtually unheard of on Indian bourses. NEPC India provides such an arbitrage opportunity between the BSE and ...
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Sustained buying support seen in Voltas counter
THE stock of Voltas Ltd witnessed sustained buying support on the bourses today. Dealers attribute the rally as a reaction to selling by a mutual fund in the stock, having come to a halt. On the other hand, market talk has it that a large FII ...
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DERIVATIVES MARKETS
Satyam: Short-term reversal likely
THE following strategies are based on Thursday's trading in the spot and the derivatives segment on the NSE: Satyam Computer: The stock closed at Rs 387 in the spot market. It has risen from Rs 342 to Rs 392 during this month. There ...
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COMMENTARY
Sensex rebounds; steel stocks forge ahead
AFTER the marginal decline it posted on Wednesday, the BSE Sensex smartly rebounded on Thursday, gaining 57.59 points to end at 5477.68. The upmove resulted in the benchmark index moving to a level not attained since May 10 this year. Stocks ...
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Stock Quotes
SE Diary
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