MARKETS
BUYBACK
FCI OEN gets enough response for delisting offer
Kolkata, Aug. 17 The open offer from the overseas promoters of FCI OEN Connectors for the stated purpose of delisting, has attracted enough response from the shareholders with holding in physical form to make the Indian outfit a candidate for ...
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MUTUAL FUNDS
Large-caps most likely to stage comeback and save funds
Kolkata, Aug. 17 Large-cap stocks, many of them hurt badly on a day (Thursday) the Sensex went down by over 600 points, may yet save the day for equity funds. Or so feel fund houses, ones that believe that these counters will be among ...
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STOCKS
Gulf Oil to mull stock split
Gulf Oil Corporation Ltd has decided to consider stock split and sub-divide each share of Rs 10 each into five equity shares of Rs 2 each, subject to approval of its shareholders. The Managing Director, Mr Subhas Pramanik, told ...
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Uncertainty over oil bond issue drags oil marketing companies
Kolkata, Aug. 17 In tune with the overall market mood the oil stocks, except Reliance Industries, a diversified player, dropped today on the bourses. The decline, according to market analysts and industry experts, was particularly pronounced ...
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Stake sale buzz in Indusind Bank
Market talk of Deutsche Bank picking up a stake in the mid-sized private sector IndusInd Bank has increased the trading interest and volumes in the bank’s stock. Despite the sharp corrections in the stock markets for the past few days, the ...
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TECHNICAL ANALYSIS
Bear prevails
Bears prevailed in Friday’s trading activity. The sentiment reading of the tradable counters remain bearish. Bull move on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bearish sentiment ...
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STOCK MARKETS
Rupee, Sensex move in tandem on volatile day
When stocks rise, bonds normally fall (yields rise) and when stocks fall, bonds rise (yields fall).This is a typical market scenario.Where foreign investments are permitted in a country’s financial markets, there is the currency ...
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Rupee tangos with Sensex on roller-coaster ride
Mumbai, Aug. 17 The forex market reflected the volatility of the equity market on Friday with the rupee falling to lows last seen in April this year, said dealers. The rupee closed slightly higher at 41.33/34 against Thursday’s close of ...
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FOREIGN INSTITUTIONAL INVESTORS
FII selling drives Sensex down
Index recovers from 570-pt intra-day fall to close 216 points lower
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US sub-prime fears continue to grip infotech stocks
Sector witnesses hectic selling activity from foreign funds
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FIIs help in realty stocks’ resilience
Unitech, Sobha Developers facilitate realty index end in green
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IPOS
Barak Valley Cement plans capacity expansion
To tap capital market in October
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