SEBI bans CSFB from trading for two years
Mumbai: The Securities and Exchange Board of India has suspended the registration of foreign broking firm Credit Suisse First Boston Securities for two years, effective 18 April 2001, for manipulation of stock prices in early 2001.
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Market remains indecisive on Monday
Mumbai: Mondays trading witnessed narrow movement. Neither the bulls nor the bears could gain much from the days trading. The market sentiment reading of the tradable counters stands neutral with none of the counters in the downtrend.
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Sharp spurt in scrips of yarn-making units
Mumbai: Companies manufacturing cotton and synthetic yarns have been in the limelight with the stock prices of a number of them hitting the upper circuit on Monday due to a rise in the prices of cotton yarn and synthetic yarn.
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Block purchase deals in DCW
Mumbai: The DCW Ltd stock moved up on Monday owing to a significant number of block purchase deals. The counter touched its 52-week high of Rs 19.75 on the Bombay Stock Exchange but closed at Rs 18.95 with volumes of Rs 6.03 lakh shares.
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Century Enka ebullient on open offer talk
Mumbai: The share price of Century Enka, a BK Birla group company, moved up sharply on market rumours of an open offer. The stock on Monday witnessed a five-year high, hitting the 20-per cent upper limit band on both the BSE and NSE.
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Declining FII interest affects markets mood
Mumbai: Equities moved in a narrow range on Monday in the backdrop of jittery investors unwilling to commit themselves. The BSE Sensex ended on Monday at 3,323.50 points, higher by 11.43 points.
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