MARKETS
FINANCIAL SERVICES
Bank of Baroda launches E-trading
Bank of Baroda has tied up with India Infoline to offer an online-trading service, `Baroda E-trading'. "The bank has entered into an alliance with India Infoline for providing a brokerage platform, besides research and ...
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STOCKS
Essar Oil, Steel to delist from exchanges
`Delisting will give more flexibility in operation, management'
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TECHNICAL ANALYSIS
Bull domination
Bulls dominated Thursday's trading activity. The sentiment reading of the tradable counters changed to marginally bullish. Bear move on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ...
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FOREIGN INSTITUTIONAL INVESTORS
Carlyle invests $25.4 m in Allsec Technologies
Private equity firm's stake reaches 27.54% in the company
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ASSET MANAGEMENT COMPANIES
Envestnet to expand Indian operations
The US-based Envestnet Asset Management, specialising in fee-based wealth management solutions, is planning to expand operations at its facility here. The company has a 165-member team of technology and operations professionals based in ...
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COMMENTARY
Sensex, Nifty end firm on short-covering
The Nifty touched a new high on Thursday, closing the day at 4147.70, led by gains in Bharti Airtel, SAIL and Wipro. The Sensex too extended its gains closing 1.2 per cent higher. The markets traded in a range bound manner ...
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IPOS
Redington, Cinemax IPOs subscription
The initial public offering of Redington (India) Ltd was subscribed over 42 times on the BSE and NSE at 7.00 p.m. Bids were received across the price band of Rs 95-113. The issue received 53.78 crore bids for 1.32 crore equity shares on offer. ...
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Idea Cellular fixes price band
Aditya Birla group company Idea Cellular has fixed the price band for its initial public offering at Rs 65-75 per share. The issue with a green shoe option aggregates to Rs 2,443 crore. The company has already concluded a pre-IPO placement of Rs ...
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Fund houses move to cash to invest in IPOs
`Primary market set to remain active in weeks ahead'
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Abhishek Mills files for IPO
Abhishek Mills has filed a draft red herring prospectus with SEBI to enter the capital market with an initial public offering of 41 lakh equity shares. The issue will constitute 29 per cent of the fully diluted post-issue equity capital of the ...
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TRENDS
Sensex stocks: Gain in value, but lag in volumes
Average daily turnover in first 17 days of '07 was Rs 3,765 cr against Rs 4,573 cr last year
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