Public bails out of top stocks
Mumbai: The apathy of the retail investor towards the stockmarket is becoming increasingly clear. Public holding in nearly all frontline stocks such as Infosys, Satyam, Hindustan Lever and Telco has fallen compared to a year back.
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New price criterion for PSU open offer
Mumbai: The Securities and Exchange Board of India (SEBI) has introduced an additional criterion for determining the price of the open offer of shares during the disinvestment of a public sector undertaking. 
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Heads we win, tails you lose!
That is how dollar bears are viewing the Indian rupee foreign exchange markets. After a stout defence of its 48.40 support, the dollar finally gave way to sustained and continuous supplies to close the half-year at 48.38, which is an 8-month high for the rupee. Now that the month-end demand factor is behind us, we need to take fresh look again at the prospects for the rupee in the next half-year. 
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No place for ethical funds, right now
Mumbai: One set of players missing from the local MF scene is the ethical fund. Ethical funds, present in a niche of their own in certain advanced Western markets, concern themselves with socially responsible investment (SRI) strategies, and the chances are that they may yet make their mark in India in future. 
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Markets vulnerable to even whiff of negative news
Mumbai: The stock market is likely to remain range-bound this week. Analysts and brokers are unanimous that in the context of sensitive disposition of the market, any negative news is likely to depress the sentiment and increase volatility. 
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Numbers to drive two-wheelers
Mumbai: Two-wheelers stocks could occupy centre-stage in the forthcoming week. Top two-wheeler companies such as Bajaj Auto, TVS Motor and Hero Honda are expected to report their September month sales volume in the first week of October. 
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Speculative action seen in KPIT Info
Mumbai: Speculative interest in the Pune-based KPIT Infosystems seems to have gained momentum once again, driving up the company's share price and volumes on the bourses. Significantly, the entire equity of the company was traded on the National Stock on Friday, while on the Bombay Stock Exchange (BSE), the stock saw large volumes. 
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Wipro bucks trend
The resoluteness of the US President, George Bush to wage a war against Iraq and concerns over falling corporate profits seemed to have affected the sentiment at the US markets. Both the S&P-500 and the Dow Jones Industrial Average had their fifth straight week of declines. The S&P 500 slipped 2.1 per cent while the Dow, which slumped to a four-year low on Tuesday, slid 3.6 per cent. The Nasdaq Composite Index dropped 1.8 per cent last week and touched its lowest in six years on Monday. 
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