The Hindu Business Line : Tuesday, October 18, 2005

Fund houses line up slew of FMP schemes
IT will soon rain fixed maturity plans for those who invest in mutual funds. A number of fund houses have mooted what are essentially close end schemes that will invest in debt securities. The plans, none of which will guarantee returns, are ... More

SSC&B Lintas bags Taurus MF account
TAURUS Mutual Fund's fund managers, Creditcapital Asset Management Company, have entrusted the fund's brand communication to SSC&B Lintas Delhi. Taurus Mutual Fund has unveiled an aggressive marketing and brand building initiative; recently it .. More

STOCKS

Asian Paints attracts block deals
ASIAN Paints attracted a number of block deals on both the BSE and the NSE involving around 7 lakh shares at an average of Rs 505 a share. The stock closed at Rs 505.05 on the BSE, with a gain of 2.27 per cent. The total traded volume in the ... More

Sesa Goa firm on hopes of favourable price revision
SESA Goa moved up 5.07 per cent to finish at Rs 966.40 with huge traded volumes on smart buying over hopes of a favourable price revision for the European market in January. According to market sources, the price revision could be above 40 per ... More

Temasek picks stake in Medreich
THE Medreich Group based in India and the UK today announced that Temasek Holdings has made a major investment in the group. A release issued by the pharma company did not mention any amount. Sources said FIPB had earlier cleared the Singapore ... More

TECHNICAL ANALYSIS

Volatile movement
THE sentiment reading of the tradable counters remains bearish with added strength. Bull domination on Tuesday has the potential to neutralise the sentiment reading. Click here for table On the contrary, ... More

STOCK MARKETS

Stocks of cos owning real estate in Mumbai fall
STOCK prices of companies, which own huge real estate in Mumbai, fell sharply following the Bombay High Court's judgment setting aside the sale of National Textile Corporation (NTC)'s land in the city. Brokers and analysts turned cautious ... More

Offloading by biggies in SRF counter
SRF Ltd witnessed heavy selling on Monday. The stock fell 6.49 per cent to Rs 285.20 on the BSE with volumes of 14.03 lakh shares; on the NSE, it closed at Rs 285.40, down 6.63 per cent, with volumes of 47.96 lakh shares. Dealers said the fall ... More

COMMENTARY

Benchmarks end flat on volatile day
MARKETS ended on a flat note on Monday after witnessing a session marked by volatility. Lack of direction saw the markets oscillating between positive and negative grounds before settling down at Friday's level. The Sensex closed at 8,202.6 - ... More

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