Sebi policy on margin trading soon
Mumbai: The Securities and Exchange Board of India will soon announce its policy on margin trading, according to the sources.
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Stocks post smart gains
Buoyed by renewed institutional buying interest, stocks ended higher on leading bourses yesterday. The Nifty index on the National Stock Exchange crossed the psychological 1000-mark.
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Rupee stronger; securities dip
Mumbai: THE rupee closed stronger on Friday at 48.4950/5000 against the dollar as compared to its previous close of 48.5250/53 in the forex market.
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LIC Mutual to put out Sensex Advantage Plan
Mumbai: LIC Mutual Fund is set to offer a `Sensex Advantage Plan' in its index fund, the offer document for which has been sent to SEBI for vetting.
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Bull onslaught
Mumbai: Bulls were in total command of Friday's trading. Bears were unable to make any impact during the day's trading. The sentiment reading of the tradable counters stands strongly bullish.
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`Euronext' proposed for small exchanges
Mumbai: In an effort to utilise the infrastructure of regional stock exchanges, a SEBI group has suggested that some of the smaller stock exchanges could explore the possibility of merger on the lines of the `Euronext' model.
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Kania panel for scrapping of regional SE concept
Mumbai: Interestingly, the recommendations of the group and committee are at variance with the position taken by the SEBI Chairman, Mr G.N. Bajpai, who recently made it clear that he does not favour a "natural death" for regional stock exchanges.
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Concor winches up on business outlook
Container Corporation of India (Concor), a container logistics company, is finding favour with investors. The stock has risen over five per cent in the last week. Concor yesterday closed at Rs 270.25, up 1.03 per cent with 20,649 shares being traded.
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Institutions lap up Infosys
Mumbai: Software major Infosys Technologies' analyst meet with the theme `Living with the promise' this week seems to be in line with the market expectation. This has been one of the reasons for the Infosys stock to gain in the last couple of days.
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Short covering helps IPCL to inch up
Mumbai: The stock of Indian Petrochemicals Corporation Ltd (IPCL) today witnessed increased volatility with record volumes traded at the counter today, due to short covering. The stock saw active buying by some investors.
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Sentiment sours on institutional backing; IT stocks shine
Mumbai: A strong rally in index heavyweights and most information technology counters helped the Bombay Stock Exchange (BSE) Sensitive Index post one of its highest gains during the past few weeks.
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