MARKETS
FINANCIAL SERVICES
NSDL reduces custodial fee
NATIONAL Securities Depository Ltd (NSDL) has reduced the custodial fee to Rs 4 per ISIN position per annum from the current fee of Rs 6 per annum, according to a company press release. This is because of the rise in ISIN positions in NSDL and ...
More
STOCKS
Century delists from DSE
MUMBAI: Century Textiles and Industries Ltd has informed Bombay Stock Exchange that the Delhi Stock Exchange has delisted its equity shares of the company from the exchange with effect from March 8. ...
More
TECHNICAL ANALYSIS
Bear onslaught
THE sentiment reading of the tradable counters stands bearish. Bull domination on Friday is likely to reduce the bear count by a considerable margin thereby neutralizing the sentiment reading. Otherwise, the prevailing sentiment is likely to ...
More
STOCK MARKETS
Selling pressure pushes market further down
STOCK prices fell for the third day in a row as operators continued to unwind their position in the market and investors resorted to selling to subscribe to new issues. The benchmark index Sensex lost 109 points today, erasing 285 points in the ...
More
HLL turns contrarian in a falling market
THE HLL stock on Thursday was the only exception among the Sensex's weighted counters. The stock, which moved by 3.31 per cent price wise, had been sliding steadily since March 1 till Wednesday's closing, putting downward pressure on the ...
More
Placement talk buoys it
THE stock of shipping company Mercator Lines hit the upper circuit after investors rushed to buy its shares on speculation that the company is talking to private investors to issue fresh equity. According to a market source, the company is ...
More
Brokers alarmed over shifting of stocks to T segment
STOCK brokers and investors have voiced concern over stock exchanges decision to shift stocks to Trade-to-Trade (T) segment and vice versa on a regular basis and said that the stock exchanges and SEBI should inform investors the reason for ...
More
Vardhaman Spinning remains steady in volatile market
IN an otherwise volatile market, the stock of Vardhman Spinning seemed to be holding on its own. The counter, which ended the day marginally weak in keeping with the broad market trend, is being viewed as attractively valued at the current ...
More
DERIVATIVES MARKETS
Tata Motors: Construct near-month bear put spread
THE following strategies are based on Thursday's trading in the spot and the derivatives segments on the NSE: Tata Motors: The stock closed at Rs 486 in the spot market. The outlook appears negative. The downside price target is Rs ...
More
REGULATORY BODIES & RULINGS
SEBI cancels regn of Ketan Parekh firms
SEBI has cancelled the broking registration of stock broking firms associated with Mr Ketan Parekh. The market regulator has already debarred Mr Ketan Parekh from the securities market for 14 years. The broking firms whose registration has been ...
More
COMMENTARY
FMCG majors make a comeback
INVESTOR apathy towards stocks of FMCG companies showed signs of reversal on Thursday as select stocks of MNCs such as HLL and Nestle stayed firm. Their performances were all the more noteworthy given that the broad market was ...
More
IPOS
Biocon issue oversubscribed 10.6 times on day 1
THE IPO of Biocon Ltd was oversubscribed 10.6 times on Thursday, when it opened, according to its bankers. Strong demand by institutional investors saw the issue get an unprecedented four times the response for one crore shares of face value Rs ...
More
NDTV readies IPO; sees competition from DD
THE private news broadcaster, New Delhi Television Ltd (NDTV), readies itself for an initial public offering to raise Rs 109 crore with a concern alongside that viewers and advertisers could shift to Doordarshan News, the 24-hour news channel of ...
More
PUBLIC OFFER
Govt hopes to mop up Rs 1,50,000 cr through divestment
THE Government on Thursday indicated that it would cash in on the buoyant stock market to raise as much as Rs 1,50,000 crore a year through public offers of State-owned units. "We got overwhelming response to these IPOs without much marketing. ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds