`MFs growing faster in small cities'
MUTUAL funds as an investment option are growing in popularity in smaller cities and towns in the country, signalling that investors outside metros have also started to look beyond bank deposits. "The top 6-7 cities in India today account for ...
Equity fund inflows not in pace with performance
THE bull run in the stock markets for the past few weeks has helped improve returns posted by equity funds to some extent, but investor confidence continues to be moderate at best, say asset management companies. After three months of being ...
MARKET witnessed a volatile movement on Friday. Bears managed to gain marginally from the day's trading. However, the sentiment reading of the tradable counters continues to remain bullish. Bear pressure on Monday is likely to change the ...
Tata Steel gains on growth prospects
STRONG fundamentals and robust growth prospects brought on by Tata Steel's future plans have seen the stock edge up on the bourses in the recent past. Additionally, firm steel prices are likely to sustain interest in the counter. ...
Pharma stocks outperform others
AFTER being ignored by stock market for some time, pharmaceuticals companies' shares have attracted market attention with the sector outperforming other sectors in the last one month. The interest in pharmaceutical stocks is due to various ...
Cross holdings help them
Brokers said that it is a valuation story at play. The company's stock is also said to have come in for sustained support on account of it's cross holding with various Birla companies. Universal Cables has a 29.15-per cent stake in Vindhya ...
Tata Tea: Outlook negative, sell October futures
THE following strategies are based on Friday's trading in the spot and derivatives segment on the NSE: Tata Tea: The stock closed at Rs 438 in the spot market. The near-term outlook appears negative. The downside price target is Rs ...
FOREIGN INSTITUTIONAL INVESTORS
India is IFC's third biggest portfolio
INDIA has emerged as the third largest investment destination for International Finance Corporation (IFC) with investments of over $1.5 billion. At the end of fiscal 2004, IFC had an exposure of $1.4 billion on its own account and $167 million ...
OppenheimerFunds Inc holds 10.02% in NIIT
INVESTMENT advisor OppenheimerFunds Inc (OFI) has informed the NSE that it now holds 10.02 per cent in NIIT Ltd. "As of the close of business on August 30, 2004 OFI had voting and/or dispositive power with respect to an aggregate 19,36,620 ...
Sensex posts first weekly decline in five
OVER the past few weeks, the benchmark indices - the Sensex and the Nifty have hardly reflected the action in the market. From mid-caps, the action now seems to be penetrating into the small cap segment. A number of small caps recorded ...
NTPC likely to list on Nov 8 or 9
NATIONAL Thermal Power Corporation (NTPC) is expected to list on the stock exchanges on November 8 or 9. "We are planning to list around Diwali. As per the tentative schedule, the listing may take place on November 8 or 9," the NTPC Director ...
Indiabulls, Crew B.O.S list at premium, Sah goes below offer
THE stocks of Indiabulls Financial Services and Crew B.O.S Products debuted on the bourses today, at levels higher than their issue prices, while Sah Petroleums opened at issue price. Indiabulls registered a sound start with an opening price on ...
Comments & Letters to the Editor to: email@example.com
Subscribe to: Business Line