The Hindu Business Line : Saturday, May 21, 2005

SBI may buy out UTI MF sponsors
State Bank of India, one of the four sponsors of UTI Mutual Fund, will consider proposals to buy out the others if the offer is right and the situation is conducive for such a move, Mr Purwar hinted. The other sponsors of the country's largest ... More

AMFI mulls alternative term for `initial public offering'
STARTING next week, there won't be any more `initial public offerings' (IPOs) from mutual funds. Members of the Association of Mutual funds in India (AMFI) are putting their heads together to formulate a new term for `initial public offering' and ... More

TECHNICAL ANALYSIS

Bears prevail
BEARS exerted pressure over the initial hours of Friday's trading activity. The day's market action resulted in triggering the downtrend in few tradable counters. The sentiment reading of the tradable counters stands mildly bearish. Bull ... More

STOCK EXCHANGES

BSE corporatisation plan gets SEBI nod
FOLLOWING the corporatisation and demutualisation of the BSE, the exchange will have to ensure that at least 51 per cent of its equity shares are continuously held by public other than shareholders having trading rights. This is as per the ... More

STOCK MARKETS

Sudarshan Chem gains on growth prospects
THE Sudarshan Chemical stock has overcome a major handicap - physical form, and consequently, very limited liquidity. (The dematerialisation of the stock would be completed by September). A section of investors is understood to be seeing ... More

Parekh Aluminex flares up on export orders
THE stock price of Parekh Aluminex Ltd (PAL), a company manufacturing aluminium foil containers, has been on an upward move in the last one month on the back of export orders from multinational companies such as Danone group and Alcan. The ... More

Harrisons firm prices brew it up
The stock of Harrisons Malayalam touched its 52-week high of Rs 104.50 on Friday. It shed a little on profit booking before closing trade at Rs. 101.85, up by Rs 13.90, an appreciation of 15.8 per cent from Thursday's close. The stock also saw ... More

REGULATORY BODIES & RULINGS

SEBI chief talks tough on violators
THE Chairman of Securities and Exchange Board of India, Mr M. Damodaran, has vowed not to succumb to pressures when it comes to protecting the interests of investors in general and retail investors in particular. He was referring to the ... More

COMMENTARY

Indices end positive after languishing in flat terrain
THE markets, after opening flat, moved into the red to remain there for part of the day. Picking up pace towards close on unabated buying interest, the markets closed on a positive note. Click here for table While ... More

Stock Quotes
SE Diary

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SEBI chief talks tough on violators

SingTel raises stake in Bharti Telecom to 32.8%

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Aiyar for equitable sharing of oil price hike burden

Centre's 1-year report card — `Unfinished' agenda bugs pharma sector

`Indian textile market fastest growing in 2004'

Pvt banks as RRB sponsors seems a good bet

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BHEL Disinvestment