MONEY & BANKING
US-64: Not much impact on top holdings
DEVELOPMENTS pertaining to Unit Trust of India (UTI) have emerged as key market determinants in the last few weeks. Following UTI's decision to suspend sales and repurchase of units of its flagship scheme, US-64, stocks, where US-64 has a big exposure, h
as attracted attention. What follows is a look at the way the stocks have moved over the last fortnight, the period just after UTI announced its intention to close the US-64 window.
SCI gains ahead of dividend announcement
THE stock market is yet to come to terms with the dullness induced by the ban on carry-forward trading since July 2. The beginning of the third week without badla is no different and the market remained lacklustre without much action on Monday.
KOLKATA: THE Calcutta Stock Exchange on Monday recovered much of the lost ground. Among the top gainers were the scrips of ACC (5.74 per cent), Tata Steel (2.37 per cent) and ITC (1.76 per cent). The counters of Wipro, DSQ Software, NIIT and HFCL eased
on selling pressure.
MONDAY'S trading activity witnessed narrow movement in the index. The intra-day movement in the index was around 14 points. Neither the bulls nor the bears could gain from the day's trading. Nifty closed around Friday's close. The market sentiment readin
g stands slightly in favour of the bulls.
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