Barjeel to include American equities among services - Tie-up with broking unit soon
Kochi: Barjeel Securities LLC, a joint venture between the Kochi-based Geojit Securities Ltd and the UAE-based Al Saud Group is all set to offer American equities as part of its broking services to the NRI investor population in that region. 
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HC decree of Rs 5.82 cr on ex-CSE director
Kolkata: Justice G.C. Gupta of the Calcutta High Court has passed a decree for payment of Rs 5.82 crore, being the principal amount, with interest at the rate of 9 per cent from March 8, 2001 till the date of payment against D.K. Singhania, a a stockbroker and member and director of Calcutta Stock Exchange Association Ltd (CSE). 
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Bears prevail
Mumbai: Bears controlled major part of Tuesday's trading activity. However, during the wee hours of the day's trading bulls managed to recoup most of their losses. The sentiment reading of the tradable counters stands strongly bearish. 
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Cochin SE seeks to sell prime land
Kochi: The Cochin Stock Exchange has convened an Extraordinary General Meeting at the exchange premises on Wednesday to seek the consent of the members for the sale of 55 cents of prime land at the Kochi Marine Drive for a consideration of around Rs 11 crore. 
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Lack of positive triggers drives down M&M
Mumbai: The Mahindra and Mahindra stock yesterday closed at its two-month low on both the major stock exchanges. The stock closed at Rs 81.25 on the National Stock Exchange, down 1.75 per cent from the previous closing of Rs 82.75. On the Bombay Stock the stock declined by 1.7 per cent to finish at Rs 81.20. 
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Citigroup buys into e-Serve?
Mumbai: E-Serve International witnessed a number of block deals on the BSE on Tuesday. The stock attracted volumes of 5.35 lakh shares on the exchange, while just 29,347 shares were traded on the NSE. 
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Aptech Training volatile on first day
Mumbai: Aptech Training Ltd, the IT training company that was demerged from erstwhile Aptech Ltd, got listed on the Bombay Stock Exchange (BSE) yesterday. On the first day of trading, the company's stock closed at Rs 31.45 on the exchange after touching an intra-day high of Rs 45 and low of Rs 31. The stock attracted volumes of 3.79 lakh shares on the BSE. 
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Markets edgy over sharp fall in global indices
Mumbai: The Indian stock markets were edgy yesterday following the sharp fall in global stock markets and selling by foreign funds. However, the BSE Sensex closed just one point higher at 3022.25 and on the NSE, the S&P CNX Nifty closed four points down at 966.20. 
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Special margin on Orient Tradelink
Mumbai: The Bombay Stock Exchange has imposed a special margin of 25 per cent has on Orient Tradelink Ltd from Tuesday. 
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SEBI cancels First Global registration
Mumbai: THE Securities and Exchange Board of India has finally cancelled Shankar Sharma's First Global Stock Broking registration as stockbrokers and portfolio managers for manipulation of stock price in February and March 2001. 
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Late buying in HLL cushions sharp fall in tech stocks
Mumbai: The stock market continued to exhibited lacklustre trend for the second successive day on Tuesday as frontline software stocks witnessed a slide on the bourses. 
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Re stable; gilts range-bound
Mumbai: The rupee ended steady on Tuesday almost unchanged from Monday's levels at 48.3950/4050 against the dollar in a dull forex market. 
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Quiet debut for Union Bank
Mumbai: Union Bank of India closed its first day of trading at Rs 16.30, just above the issue price of Rs 16, on the Bombay Stock Exchange (BSE). Opening at Rs 17.50, the stock touched a low of Rs 16.15 before closing at Rs 16.30.
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Dow ends at four-year low
Mumbai: Talk of a possible war with Iraq, dim profit forecasts and disappointment that the US Federal Reserve left interest rates unchanged sent stocks reeling on Tuesday, driving the blue-chip Dow average to its lowest close in four years.
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