Financial Daily from THE HINDU group of publications
Wednesday, February 16, 2005

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Canbank MF to merge 2 balanced schemes
CANBANK Mutual Fund has proposed a further round of rationalisation of its schemes. Shortly after consolidating schemes on the equity side, it has decided to merge two of its balanced products, Canganga and Cantriple, with Canpremium. The ... More

Reliance MF launches new equity scheme
RELIANCE Mutual Fund has launched its Equity Opportunities Fund, according to a company press release. This open-ended diversified equity scheme has an investment objective to provide long-term capital appreciation by investing in stocks across ... More

Deadline to realise MIP 95 assets of UTI extended
THE Administrator of the Specified Undertaking of the Unit Trust of India has proposed to extend the two-year deadline it had fixed earlier for realising assets lying in MIP 95. The Administrator, which has recently announced the third ... More

LIC likely to hike equity exposure of investible funds
LIFE Insurance Corporation (LIC) is considering raising its investments in equities to 10 per cent of its investible funds from the existing 8 per cent. ``Our equity exposure is about 8 per cent of the investible funds. If opportunity comes, we ... More


Bears prevail
BEARS gained control of Tuesday's market activity. The day's market action resulted in terminating most of the uptrend counters in the list. The market sentiment reading of the tradable counters stands neutral. Further bear pressure on Wednesday ... More


Sugar stocks sweeter on spiralling prices
SUGAR stocks continue to sweeten market sentiment despite a substantial run-up in the recent months. Among the big movers in the sector today were Oudh Sugar (up 8 per cent); Bajaj Hindusthan (up 4.50 per cent); Dhampur Sugar (up 3.50 per ... More

LIC Housing Finance buoyed by rate hikes
SCRIPS of housing finance companies have seen strong rallies recently. LIC Housing Finance rose by Rs 19.20 on Tuesday at the NSE. GIC Housing Finance has also appreciated by over 5 per cent in Tuesday's trade. This scrip has appreciated by 24 ... More


Outlook may turn positive for HDFC, Guj Ambuja
THE following strategies are based on Tuesday's trading in the spot and the derivatives segments on the NSE: HDFC: The stock closed at Rs 779 in the spot market. The outlook could turn positive if the stock moves above Rs 786 in the spot ... More


Selling pressure takes its toll
THE bears did make their presence felt, as the markets remained subdued on Tuesday. Led by selling pressure in the frontline stocks, the market for most of the day traded in the negative territory. Investors appeared to have booked profits ... More
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Top Stories
Effect of palm oil duty hike unlikely to be harsh

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Sugar stocks sweeter on spiralling prices

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In Focus

BHEL Disinvestment
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Sethusamudram Canal Project
India Inc's overseas acquisition

In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
Feb. 6-Feb. 12
Jet Airways IPO price band fixed at Rs 950-1125

IVRCL plans Rs 145-cr public issue

IPO: 12 lakh shares reserved for Jet Airways employees

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