The Hindu Business Line : Thursday, July 14, 2005

MFs' asset base shrinks in June
IN June, while the equity markets soared, mutual funds ended up losing close to Rs 3,500 crore in assets. Data released by Association of Mutual Funds in India pegs the mutual fund industry's assets under management (AUM) for June at Rs 1,64,546 ... More

Canexpo to pay 25% dividend
CANBANK Mutual Fund has declared 25 per cent dividend under Canexpo scheme, an open-ended equity-oriented sectoral scheme. A Canbank Mutual Fund press release said here that this is the first dividend during the current financial year under ... More

TECHNICAL ANALYSIS

Bears reign
BEARS gained control of Wednesday's trading activity. The day's market action resulted in increasing the bear count by a considerable margin. The sentiment reading of the tradable counters stands neutral. Bear pressure on Thursday is likely to ... More

STOCK MARKETS

Union Bank stock returns 124 pc
UNION Bank of India acquired number one position in terms of returns to investors in the banking stocks in 2004-05 by giving them a reward of 124 per cent followed by UTI Bank (62 per cent) and HDFC Bank (45 per cent), an Associated Chamber of ... More

Frontier Spring up on turnaround hopes
THE Frontier Spring stock on Wednesday popped up 16.83 per cent to close at Rs 10.90 on the BSE with a fivefold increase in traded quantity. According to dealers, a section of market operators have started accumulating the stock over ... More

GKW shines on BIFR deal
THE GKW stock today hit the upper circuit on the NSE as the Board for Industrial and Financial Reconstruction approved its rehabilitation package. The stock frozen at the 10-per cent circuit at Rs 30.25. About 3.26 lakh shares changed hands in ... More

DERIVATIVES MARKETS

Outlook likely to turn positive for Infosys, IOC
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Infosys: The July futures closed at 2222. The outlook may turn positive if the contract trades above 2264. The upside target is ... More

REGULATORY BODIES & RULINGS

Not everything need show on radar screen
THE market watchdog Securities and Exchange Board of India is reportedly perturbed over the recent spate of bulk sale of shares of a few banking companies in negotiated deals that leave no imprint on the records of recognised stock exchanges in ... More

COMMENTARY

Crude price, Q1 concerns weigh on sentiment
THE markets carried forward Tuesday's high level of volatility and ended in the red. After a flat start, the Sensex moved on to an all-time high of 7,338 during the day but profit-booking mood soon set in. Selling pressure intensified towards ... More

IPOS

Suzlon Energy files for IPO
SUZLON Energy, manufacturers of wind turbine generators, has filed its prospectus with SEBI for its initial public offering (IPO). The issue will be for 2.93 crore shares of Rs 10 each at a price to be determined through the 100 per cent book ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Hexaware scales down guidance

Tea exports dip in May; output up 8.6 m kg

Union Bank stock returns 124 pc

Car sales marginally down in June

Motor third party liabilities — PSU insurers want pvt sector to share losses

FM radio: Govt fixes net worth norm

In Focus

BHEL Disinvestment

China's revaluation