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Special
bonds to bring Rs 700 cr into UTI
Mumbai: With hardly a fortnight to go for the "appointed
day", when Unit Trust of India's formal split takes
effect, the Government has infused an additional Rs 700
crore to help the beleaguered institution to bridge the
deficit in its assured return schemes.
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Restricted
movement
Mumbai: For the third successive trading day, the
stock prices moved within a close band. Neither the bulls
nor the bears could gain from the day's trading. The market
sentiment reading of the tradable counters stands neutral.
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BHEL
rises on order hopes
Mumbai: Bharat Heavy Electricals Ltd (BHEL) has
been attracting large institutional interest over the
last few days. The increased interest has been attributed
to the company bagging an order much bigger than what
it gets regularly.
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Sensex
to rise further on Friday
Mumbai: The Sensex is expected to stick to positive
territory on Friday on sustained buying in old economy
and defensive sector stocks. The undertone remains bullish
as the investors await quarterly results of tech major
Wipro.
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Value
buying seen in Arvind Mills
Mumbai: The Arvind Mills stock saw significant
volumes and decent rise in prices on the exchanges just
two days before the scheduled announcement of Q3 results.
The stock had witnessed a sharp spurt in volumes and prices
in the third week of November.
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Heavy
trading in Bombay Dyeing
Mumbai: The stock of Bombay Dyeing & Manufacturing
Company gained along with sharp increase in trading volumes
on reports that the company was open to the induction
of a foreign partner.
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Zee
Tele share deal with CSFB hits SEBI hurdle - FIPB asked
to withhold nod
Mumbai: While the Reserve Bank of India has reportedly
cleared the proposal, it needs FIPB approval as it involves
change of ownership of equity.
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Rupee
stable; gilts rally
Mumbai: The rupee closed at 47.93/94 against the
dollar on Thursday as compared to Wednesday's close of
47.9450 in the forex market.
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