MARKETS
PRIVATE PLACEMENT
Carlyle Group raises $668 m for Asia fund
The fund invests in promising private companies across industry sectors in China, India, Japan and Korea.
More
FINANCIAL SERVICES
ITI Financial opens one more branch
The Chennai-based ITI Financial Services Ltd (ITIFSL) opened one more branch in the city on Wednesday. According to ITIFSL General Manager, Mr R. Sriram, the company has 100 branches all over the country. Though for long, the ...
More
INSIGHT
Stock market panics when politics dominates economics
With Dr Manmohan Singh at the helm, economics, it was thought, would dominate politics. But all signs point to the opposite and are exacerbated by the reservation issue, the speed-breakers to infrastructure development, and the Naxal threats. This ma kes the market rather jittery, says R. VAIDYANATHAN.
More
MUTUAL FUNDS
Franklin India Prima Fund to reopen for sales
Franklin Templeton Investments (India) plans to re-open sales in its open-end diversified equity fund - Franklin India Prima Fund (FIPF), which invests predominantly in mid and small cap stocks. Fresh subscriptions will be accepted from June ...
More
STOCKS
37 BSE-500 stocks trade below book value
About 37 stocks from BSE 500 companies are trading at a discount to their book value. While Chennai Petroleum's stock price on June 12 was equal to its book value, the next 110 companies were available at a price to book value of between 1-2. ...
More
Profit taking seen on Aztec
Aztec Software, which dropped by 14.5 per cent, ended the day as among the worst losers. It closed at Rs 121.65 on the NSE, a neat Rs 23 lower than its opening mark. The decline, marketmen feel, is prompted by steady sale by investors who wished ...
More
Value buying props up Srei
Srei Infrastructure, which closed at Rs 36.55 on the NSE on Wednesday, bucked the declining trend with 9 per cent-plus gains. The move is being seen as a result of concerted buying by investors seeking value in a counter that has corrected deeply ...
More
TECHNICAL ANALYSIS
Volatile movement
Today's market witnessed volatile movement. The sentiment reading of the tradable counters turned to sideways mode. Bull domination on Thursday is likely to change the sentiment reading in their favour. On the contrary, sentiment reading is ...
More
STOCK MARKETS
Sensex closes below 9,000
The initial optimism stemming from a recovery in some Asian markets gave way under a fresh bout of profit booking, driving key indices into negative territory for the third consecutive day. The BSE Sensex closed below 9,000 for the first time ...
More
Hedge funds await SEBI decision on short selling
Global hedge funds have gone in for a temporary retreat
More
FOREIGN INSTITUTIONAL INVESTORS
`India funds witnessed $1-b outflow in last 3 weeks'
India funds have seen almost $1 billion of outflow in the last three weeks, says Mr Brad Durham, Managing Director at EPFR. He further says that emerging market funds have seen an outflow of $1.5 billion in the last week. Excerpts from ...
More
COMMENTARY
Selling pressure at close wipes out opening gains
More
IPOS
SEBI clears MCX IPO
Exchange going ahead with issue despite weak markets
More
Stock Quotes
SE Diary
Advt Links:
•
Simple Forex Trading Now
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds