MARKETS
FINANCIAL SERVICES
`Develop India as global hub for financial services'
THE Union Finance Minster, Mr P. Chidambaram, said today that work on setting up a statutory regulator for the pension fund industry and integration of the commodities market with the securities market will be completed in the current financial ...
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MUTUAL FUNDS
Funds tightening norms for PINs
Personal Identification Numbers (PINs) assigned by mutual funds, which clients may use to track their portfolios, are increasingly being couched in stiff terms and conditions, the list of which is growing in the backdrop of changing investment ...
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TECHNICAL ANALYSIS
Bear domination
BEARS gained control of Friday's trading activity. The sentiment reading of the tradable counters stands bearish. Bull domination on Monday is likely to change the sentiment reading to bullish. On the contrary, the prevailing bearish sentiment is ...
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STOCK MARKETS
`SEBI report on May 17 market crash ready'
THE Finance Minister, Mr P. Chidambaram, said the Securities and Exchange Board of India's report on the stock market crash on May 17 was ready and this would soon be published. ``SEBI has nearly finalised its report, and it will take action ...
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Gulf market opportunities push up Simplex Concrete
SHARES of construction company Simplex Concrete Piles have been attracting interest of investors due to strong order book position. In the last few days, the stock has gained around 10 per cent while it has almost doubled in the last couple of ...
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Harig Crankshaft up on turnaround hopes
HARIG Crankshaft has been attracting a lot of investors' interest despite the company making losses. Dealers said the buying is from select investors, who feel that the turnaround of the company is likely to happen soon and a strategic ...
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COMMENTARY
Techs fall on profit booking
CLOSE on the heels of the announcement of a rise in interest rates in China, the Sensex snapped its three-day rally to end lower at 5672.27 points, a drop of 43.35 points. On the National Stock Exchange, the S&P CNX Nifty declined 13.20 points to
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