Initial gains not held
Mumbai: Bulls were in control of the initial hours of Wednesday's trading activity. Later on bears took over and recouped most of their day's losses. Bulls gained considerably from the day's trading.
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Morgan Stanley hits 2-year high
Mumbai: Morgan Stanley Growth Fund, a close-ended equity fund, whose units are traded on the bourses, on Wednesday saw several block deals. A total of 1,78,800 units were traded on the Bombay Stock Exchange.
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Block deals in Corporation Bank
Mangalore: The Corporation Bank stock on Wednesday witnessed two block deals by which around 4 lakh shares changed hands on the Bombay Stock Exchange. Both the deals were struck at a price of Rs 129.50, lower than the previous closing price of Rs 129.70 on the bourse.
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HDFC rises on FII backing
Mumbai: After falling on Monday, the stock price of housing finance company HDFC recovered on Wednesday. Dealers said the rise was mainly on account of increased interest from leading FIIs .
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FIIs turn sellers on war fears
New Delhi: Foreign institutional investors (FIIs) have started offloading their investment in the country despite attractive valuations due to uncertainty over the fate of Indian equity market on the fears of US-led war against Iraq breaking soon.
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Market bounces back as war uncertainty ends
Mumbai: Post-Holi, with the uncertainty about the war in the Gulf almost turning into reality, the benchmark indices ended in positive territory on Wednesday. The BSE Sensex ended 36.2 points higher at 3121.1 points as compared to Monday's close of ..
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Quick Iraq war may pose risks for emerging bonds
Mumbai: Emerging market debt, which has returned a hefty seven per cent to investors this year, may face selling pressure if war in Iraq is concluded quickly, as expected, due to falls in the prices of oil and safe-haven debt.
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Re dips a tad, gilts in narrow range as market discounts war
Mumbai: The rupee slid four paise against the dollar on Wednesday to 47.70/71 with the US and British troops getting ready for invasion of Iraq, while the government securities market showed resilience and held range-bound throughout the day.
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