Volumes shrink as FIIs lie low
Mumbai: Foreign institutional investors seem to be losing interest in Indian equity markets, if monthly trading volumes are any indication. The volumes have declined for three months in a row.
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John Fowler seeks delisting Buyback offer closed
Bangalore: John Fowler India Ltd, engineering machines manufacturer, has applied to the Bombay Stock Exchange and regional Bangalore Stock Exchange to de-list its shares following public holding slipping to "less than 10 per cent of the equity capital
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TVS to make 2nd open offer for Harita Fin
Mumbai: As TVS Motor Company's open offer for buying out the 50.30 per cent stake in the group company, Harita Finance Ltd, from the public has met with lukewarm response, it is mulling a second open offer.
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Templeton completes Pioneer ITI takeover
Mumbai: With this announcement, Franklin Templeton becomes one of the largest private sector fund companies in India with combined assets of approximately Rs 8,000 crore with more than 8,50,000 shareholder accounts.
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Bulls make a comeback
Mumbai: Bears extended further pressure over Monday's trading. However, bulls managed to restrict them from making substantial gains. The sentiment reading of the tradable counters remains bearish.
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Stocks rally in volatile trade
Mumbai: Concern over a drought in the country coupled with the prevailing bearish sentiment drove stock prices down early on Monday. But prices recovered towards the end of the day with international bourses opening stronger.
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Hughes Soft at new low on Q1 results
Mumbai: A dismal first quarter performance and continuing global slowdown in the telecom sector have dragged down the share price of telecom software solutions provider, Hughes Software Services (HSS) by over 20 per cent.
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UTI's basket trading lifts indices
Mumbai: In an effort to lift the stock indices, UTI on Monday bought the scrips which constitutes the indices (both Sensex & Nifty).
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Retail investors, MFs reduce stake in Maharashtra Scooters
Mumbai: Once again retail investors seemed to have made handsome gains by exiting at time a when the share price of a company was ruling firm. This time it was in Maharashtra Scooters Ltd, which gained over 125 per cent during April-June quarter.
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Late buying helps market to recover
Mumbai: It was a roller coaster ride for the BSE Sensex on Monday's trading. After breaching the psychological barrier of 3000 points in the early part of the day, the BSE Sensex recovered ground to close for the day in the positive territory.
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Re down 7 paise; securities weak
Mumbai: THE rupee lost seven paise against the dollar to close on Monday at 48.75/76, as against last Friday's close of 48.68.
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