MARKETS
MUTUAL FUNDS
UCO Bank to vend Reliance MF products
RELIANCE Mutual Fund has proposed to tie up with UCO Bank for distribution of its schemes. The two are expected to announce the deal shortly. The bank's proposed arrangement with Reliance will come close on the heels of its association with ...
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TECHNICAL ANALYSIS
Volatile movement
TRADING activity was quite volatile on Monday. Bears gained from the day's trading activity. The sentiment reading of the tradable counters remains bearish. Bull move on Tuesday is likely to reduce the bear count by a substantial margin thereby ...
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STOCK MARKETS
Reliance scrips bounce back Sensex swings 101 intra-day
WITH speculation rife about a split in the Ambani family and its repercussions on the group's businesses, Reliance shares opened on Monday for trading on a very weak note. However, the sentiment on the scrip turned positive after Mr Mukesh ...
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PSL steals limelight on growth hopes
THE stock of steel pipes maker PSL Ltd has been hovering around its all-time high on forthcoming changes in the company's business dynamics. According to Mr Ritesh Nair of Anagram Stockbroking, the stock, at today's closing price of Rs 151, ...
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Infosys to seek shareholders' nod for second ADS
INFOSYS Technologies will seek shareholders' approval for its second sponsored Amercian Depository Shares issue at an extraordinary general meeting scheduled on December 18. The ADS would be issued against the existing equity shares to overseas ...
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Walks well on retailing hopes
WITH the stock of shoe company Mirza Tanners having caught institutional investors interest, counter of Liberty Shoes is also being accumulated by a section of the market. Dealers said Liberty Shoes has a wider reach in India and also has ...
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DERIVATIVES MARKETS
Outlook may turn positive for Bharat Electronics
THE following strategies are based on Friday's trading in the spot and the derivatives segment on the NSE: Bharat Electronics: The stock closed at Rs 575 in the spot market. The outlook could turn positive if the stock moves above Rs ...
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REGULATORY BODIES & RULINGS
SAT slashes SEBI fine on JM Financial
THE Securities Appellate Tribunal (SAT) has slashed the fine on J.M. Financial Asset Management Company to Rs 5 lakh, from SEBI's earlier penalty of Rs 50 lakh. J.M. Financial AMC had appealed a SEBI adjudication officer's order asking the ...
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COMMENTARY
Equities rebound from initial setback
THE markets ended on a flat note on Monday. The euphoric sentiment that had caused the markets to touch 6,000 the previous week appears to have been tempered by the alleged rift between the Ambani brothers. The market mood was bearish until ...
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IPOS
Deccan Chronicle plans launch in TN by Feb `05
DECCAN Chronicle Holdings Ltd, which is planning to enter the equity market with its initial public offer, plans to launch its English newspaper, Deccan Chronicle, in Tamil Nadu. It plans to launch the newspaper by February 2005 with an initial ...
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