Sensex loses 112 points on heavy selling
Mumbai: Stock prices came crashing down today on heavy selling by investors who were believed to be booking profits from the scintillating run of the past week.

The Sensex, the 30-share benchmark index of the Bombay Stock Exchange, lost 2.60 per cent or 112.08 points to end the day at 4193.83, perilously close to the support level of 4180. The broader S&P CNX Nifty of the National Stock Exchange lost 3.12 per cent today to close at 1329.25.
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SEBI Asks MFs to stay off front-running
Mumbai:The Securities and Exchange Board seems to have suggested to all market participants, particularly mutual funds, to refrain from indulging in front-running. At a closed-door meeting with the mutual fund (MF) brass recently, the market regulator is believed to have warned MF players and fund managers to refrain from such practices.
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SEBI approves Hitachi Life Solutions' rights issue
Ahmedabad:Securities and Exchange Board of India (SEBI) has finally cleared the rights issue of air conditioner manufacturer — Hitachi Home & Life Solutions.
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New banking stocks index launched
Mumbai: India Index Services and Products Ltd (IISL), a joint venture of Crisil and NSE has launched the CNX BANK index which will represent the capital market performance of banking stocks in the country.

CNX Bank Index is an index comprising the most liquid and large capitalised banking stocks, said IISL in a press release. It provides investors and market intermediaries with a benchmark that captures the capital market performance of Indian banks.
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