MARKETS
COURTS/LEGAL ISSUES
Delhi HC sets up court for SEBI cases
THE Delhi High Court has set up a designated court for dealing with Securities and Exchange Board of India (SEBI) prosecution cases. SEBI had moved a proposal for setting up a designated or special court before the Chief Justice of High Court ...
More
MUTUAL FUNDS
Alliance Cap fund to migrate to Birla MF early next year
THE funds managed by Alliance Capital will migrate to Birla MF in early 2005, if plans worked out by the former move as scheduled. Alliance Cap, currently on its way to bidding a final good-bye to the Indian market, had announced its deal with ...
More
Kotak Mahindra launches two index-linked schemes
KOTAK Mahindra Mutual Fund is introducing two index-linked mutual funds - Kotak Sensex Scheme and Kotak Nifty Scheme, according to offer documents filed with Securities and Exchange Board of India. These equity growth schemes would be issued ...
More
TECHNICAL ANALYSIS
Indecisive move
The sentiment reading of the tradable counters stands neutral. Bear pressure on Monday is likely to change the sentiment reading in their favour. Otherwise, it is likely to turn bullish. Click here for ...
More
STOCK EXCHANGES
CSE warns against violation of legal requirements
THE Calcutta Stock Exchange (CSE) has observed a number of violations of legal requirements that have edged their way into the operations of its members. An inspection of the books of CSE brokers has thrown up cases of infringement, which the ...
More
STOCK MARKETS
Convergence of markets remains non-starter
THE much talked about convergence of securities and commodity derivatives markets seems unlikely to take off soon. The Finance Minister, Mr P. Chidambaram, had announced in the Union Budget that steps to integrate the commodities markets and ...
More
Sensex drops sharply
THE stock markets witnessed a day of sharp correction on Friday, with the major indices being dragged down by over one per cent. There was widespread selling with front-end stocks leading the downturn. The protracted battle of control of ...
More
Basmati, growth hopes keep rice stocks nutritious
RICE companies' stocks have been attracting lot of institutional investors on strong growth prospects and rise in basmati rice prices. Stocks that have attracted market attention today include KRBL (up 13.39 per cent at Rs 102.90 on the BSE), ...
More
BHEL bright on order book position
THE public sector engineering company Bharat Heavy Electricals Ltd (BHEL) stock gained on Friday when there was selling in most of the index stocks. BHEL is part of the BSE Sensex and the NSE Nifty. Dealers said there is active interest in the ...
More
DERIVATIVES MARKETS
Tata Steel: Set up long call spreads to ride price turn
THE following strategies are based on Friday's trading in the spot and the derivatives segment on the NSE: Tata Steel: The stock closed at Rs 318 in the spot market. The outlook may turn positive if the stock trades above Rs 324. The ...
More
COMMENTARY
Reliance fall triggers market slump
IT wasn't a smooth passage into the weekend for the markets, after all. Led by a fall in Reliance Industries, Reliance Energy and HDFC, the benchmark Sensex slumped by 70.73 points to end at 6,233.54. ONGC led the fall in the Nifty, ...
More
ECONOMIC OFFENCES
`Strictest action against stock scam offenders'
THE Government on Friday tabled the third progress report on actions taken regarding the Joint Parliamentary Committee's recommendations about the March 2001 stock market scam with assurances that the strictest possible action are being taken ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|