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Cos
told to have common agency for share registry
Hyderabad: The Hyderabad Stock Exchange (HSE) has
advised all the listed companies to initiate measures
to appoint a common agency for share registry work, following
the directives of the market regulator.
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Deutsche
MF to launch 4 schemes
Mumbai:
Yet another player has jumped into the mutual fund bandwagon.
This time it is Deutsche Mutual Fund promoted by Deutsche
Bank which has made a foray into the over Rs 1-lakh crore
mutual fund industry with the launch of four schemes.
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Sensex
to recover on Tuesday
Mumbai:
The Sensex is expected to recover on Tuesday following
renewed buying in technology stocks. Buying support in
pharma and bank stocks would also keep the Sensex in positive
territory.
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US
stocks end flat
Mumbai:
US technology shares dipped and blue chips ended up
a touch on Monday, as investors paused for breath after
an early January stock-buying spree and braced for a slew
of key corporate earnings reports due later this week.
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Bears
march ahead
Mumbai:
Bears extended further pressure over Monday's trading
activity. Their dominance for the second successive trading
day left the bulls with no opportunity to recover. The
market sentiment reading of the tradable counters stands
bearish.
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Hinduja
TMT sees block deals
Mumbai:
The counter of Hinduja TMT saw increased volumes due
to several block deals on the BSE. The rise in volume
was along with spurt in the stock price. The stock gained
12.04 per cent at Rs 292.60 with volume of 32.67 lakh
shares on the BSE and on the NSE, the stock closed at
Rs 288.75, up 10.40 per cent with volume of 30.95 lakh
shares.
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SPIcE
makes debut on BSE - Closes day at slight premium
Mumbai:
The first Exchange Traded Fund (ETF) on Sensex, called
`SPIcE' was listed on the BSE yesterday. SPIcE is the
second ETF in the country. The first was from Benchmark
Mutual Fund `Nifty BEES' tracking NSE's S&P CNX Nifty
index.
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Heavy
selling in tech, PSU, pharma stocks
Mumbai:
The markets closed lower for the second straight day on
account of selling pressure witnessed in technology, PSU
and pharma stocks. The benchmark BSE Sensex ended the
day at 3,327.16 points, a loss of 31.83 points compared
to the close on Friday last week.
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Re
up 3 paise; gilts gain
Mumbai:
The rupee ended stronger on Monday at 47.9350/9400 against
the dollar as compared to its previous close of 47.97/98
in the forex market.
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