|
After
ASE, Sebi zooms in on PSE
Mumbai: After superseding the Ahemadabad Stock Exchange
board last week, the Securities and Exchange Board of
India has now set its sights on the Pune Stock Exchange.
Back
to News Review index page
Sebi
to move HC division bench over turnover tax
Mumbai: The Securities and Exchange Board of India
has decided to approach the division bench of the Calcutta
High Court against the order of a single judge of the
court on Friday which stayed the collection of turnover
tax from stock brokers.
Back
to News Review index page
Negative
news from all corners may worry market further
Mumbai: The market seems to be unsuccessfully looking
for defensive stocks for a contrarian play in a difficult
time. The banking stocks have caught the imagination of
some of the investors. But in the midst of gloom and absence
of fresh money, nothing seems to hold in the short-term.
Back
to News Review index page
Two-wheeler
stocks: At the mercy of sales figures
Mumbai: With two-wheeler majors slated to come up
with the sales numbers for March, companies such as Hero
Honda, Bajaj Auto and TVS Motor could attract the attention
of market in the ensuing week.
Back
to News Review index page
Dr.
Reddy's ends firm
Mumbai: The US markets witnessed the biggest weekly
drop since January as the initial calculation that US-led
war over Iraq would end soon went awry. Dr. Reddy's Lab
closed the week at $19.49 against the previous week's
close of $19.30 despite reports that Aventis Pharmaceuticals
Inc has sued Dr. Reddy's Lab alleging infringement by
the latter on patents pertaining to Allegra tablets. However,
the underlying equity on the BSE closed flat at Rs 899.30
(Rs 900.60).
Back
to News Review index page
Inflation
fears haunt bond markets
Mumbai: Traders said the nervousness in the markets
was attributable to inflation fears. Inflation is already
above 5 per cent due to escalation in international oil
prices.
Back
to News Review index page
Bank
stocks to shine in Iraq-focussed market
Mumbai: Banking stocks are likely to stay in the limelight
this week as the market gropes for direction amid uncertainty
over the war in Iraq, traders said.
Back
to News Review index page
|
