MFs'
asset base swells
The latest AMFI (Association of Mutual Funds of India)
numbers on mutual funds' assets are out and, once again,
they lend credence to the market perception that collections
have been coming in thick and fast.
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Caution
is the watchword
The manoeuvrability of operators in front-running the
market is fast
narrowing down. Many of them have pinned their bets on
Infosys' third quarter results, scheduled to be announced
this week on Friday.
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Bright
days ahead for Asian Paints?
Asian
Paints ended last Friday down at Rs 327.20 on the Bombay
Stock Exchange with significant volumes of 1.85 lakh shares.
On the NSE, the stock closed at Rs 327.60, with 2195 shares
being traded.
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T+2
system will put India in a select
band
The SEBI chairman, G N Bajpai's dream to have the T+1
trading system in the Indian stock exchanges may take
time. But the market will surely go in for a shorter settlement
cycle from next fiscal.
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Hero
Honda: Will numbers halt the slide?
The stock price of Hero Honda took a knock after the company
reported a sharp slowdown in motorcycle sales last week.
The stock could continue to see heightened market action
with the company slated to announce its quarterly performance
soon.
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Dr
Reddy's ends on firm note
The US markets began the New Year on a promising note.
The Dow Jones Industrial Average jumped 3.6 per cent to
8601.69 as against the previous week close of 8303.78
and the broader S&P CNX Nifty 3.8 per cent to 908.59
(875.40).
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