Bulls regain
Mumbai: Bulls were in total command of Fridays' trading activity. Bears were unable to make any impact during the day's trading. The sentiment reading of the tradable counters continues to remain bullish.
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HDFC Bank offers research support to HSE brokers
Mumbai: HDFC Bank has initiated negotiations with the Hyderabad Stock Exchange (HSE) for providing research support to the member-brokers of the bourse.
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M.P. bourse told to frame own by-laws, rules
Mumbai: The capital markets regulator had in a recent order asked the MPSE Governing Board to get the newly formulated rules and by-laws adopted in a general meeting of the exchange and forward them to the regulator within a period of two months, a SEBI official said.
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OTCEI recognition extended by a year
Mumbai: The OTC Exchange of India (OTCEI) has been granted recognition as a stock exchange by the Securities and Exchange Board of India (SEBI) for one more year. According to a SEBI official, the recognition, which has been granted up to August 2003.
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UTI sells Nestle shares in block deal?
Mumbai: UTI is believed to have sold around 12-15 lakh shares of Nestle (India) Ltd (NIL) yesterday at a price of Rs 570 per share. The deals amount to around 1.5 per cent equity of the FMCG major.
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Arbitrage making a comeback at bourses
Mumbai: While the Sensex may not have shown any significant signs of improvement in recent days, the price differences in select scrips on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) is throwing up opportunities of profit-making through arbitraging.
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Order flow hopes propel Mastek - Record volumes on FII buying
Mumbai: The stock of Mumbai-based software solutions provider Mastek saw a record volumes, with over 1.5 times of the company's equity being traded on the bourses yesterday.
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Sterlite Optical gains on order talk
Mumbai: After falling sharply in the last one month, optical fibre manufacturer Sterlite Optical was back in the limelight. After touching a new 52-week low last week, volumes in the counter improved sharply on Friday.
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Infosys gains ahead of analyst meet; mid-caps make merry
Mumbai: After a couple of days of listless activity, the stock market sentiment turned buoyant on Friday. Led by software heavyweights Infosys Technologies and Satyam Computer, the BSE Sensex managed to record a 38.48-point rise on Friday.
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G-Secs, rupee turn active on border tensions
Mumbai: The government securities and the interbank forex market saw some active movement on Friday. After touching multi-month highs in the past few days, the rupee weakened as market sentiment got dented by reports that India had attacked some locations along the Pakistani border.
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Rupee falls; gilts recover
Mumbai: Breaking the trend of a new high everyday for the rupee, it closed on Friday at 48.55 against the dollar as compared to Thursday's close of 48.5250/53 in the forex market.
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