MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, Nov. 20 BSEL Infrastructure Realty Ltd’s board of directors has constituted a committee comprising Mr Dharmendra Raichura, Managing Director, Mr Abbas Lakdawalla and Mr Hitesh Vora, Non-executive and ...
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FINANCIAL SERVICES
Reliance Money plans to offer PMS
Mumbai, Nov.20 Reliance Money, an Anil Dhirubhai Ambani group company, plans to offer portfolio management services for individuals willing to invest Rs 5 lakh onwards, starting next year.The company wants to reduce the entry barrier ...
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SBI offers e-trading service
State Bank of India has tied up with its wholly owned subsidiary SBICAP Securities Ltd for providing e-trading services to its customers, the bank said in a notice to the BSE today. SBI already provides online trading through ‘eZ-trade@sbi, ...
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Fortis Financial acquires Capital Market Solutions
Mumbai, Nov. 20 Fortis Financial Services Ltd, which is a substantial stakeholder of ‘Asian CERC Information Technology Ltd’ (ACERC) — a leading capital market software provider — has acquired Capital Market Solutions ...
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NEW FUND OFFER
DBS Small Cap Fund launched
Mumbai, Nov. 20 DBS Chola Mutual Fund has launched three-year close ended DBS Small Cap Fund. The fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies with small ...
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MUTUAL FUNDS
UTI Mutual to launch products for PSUs
Eyeing public sector cos’ cash surplus
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STOCKS
IMPACT
Financial firms may remain in spotlight
Response to Edelweiss, Religare listing key drivers
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SISCOL sees surge in share volume ahead of merger
Coimbatore, Nov 20 The countdown to merger of two O.P Jindal group companies—JSW Steel and Southern Iron and Steel Company Ltd (SISCOL)— has not only seen appreciation in value of shares of both companies but also a volume surge in ...
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IMPACT
Strides deal: To result in cash infusion
Funds could be used to reduce debts
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TECHNICAL ANALYSIS
Bear domination
Tuesday’s trading activity witnessed bear domination. The sentiment reading of the tradable counters changed to bearish. Bull move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the current ...
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STOCK MARKETS
Manufacturing m-cap will scale $520 b by 2015: Study
More cos are going in for globalisation of brands, M&As
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DERIVATIVES MARKETS
IFCI sees jump in open interest
Chennai, Nov. 20 The sharp fall in later part of the day pushed the Nifty November future down by 2.37 per cent. The premium of Nifty November future with respect to the spot close slipped to four points as against Monday’s ...
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REGULATORY BODIES & RULINGS
MFs welcome move to allow short-selling
Fund houses can do two-way arbitrage
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RECOMMENDATION
Day Trading Guide
In line with our anticipation, the stock declined in the last session, with an increase in volumes. Sell the stock in rallies with stop loss at Rs 1,600.L&TThe stock is trading range bound between Rs 4,300 ...
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Today's Pick: Novartis India (Rs 348.10)
We recommend a buy in Novartis India at current price levels. The stock had been on a long-term downtrend from December 2004 high of Rs 700 levels to August 2007 low of Rs 270. We note that the long-term downtrend got arrested at a significant ...
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IPOS
Edelweiss public issue subscribed 111 times
Chennai, Nov 20 The Edelweiss public issue has been subscribed 111 times, sources in the know say. The financial services company offered 83.86 lakh shares. The subscription at the cut-off price of Rs 825 was for 3.97 crore shares.The ...
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