Investors wary as stocks plunge
Mumbai: Investors became cautious today as volatility gripped several counters and selling pressure on pivotal stocks brought benchmark indices down several notches.

Wary dealers were making frantic calls through the day to determine the pulse of a volatile market, which, after opening steady plunged headlong.
Back to News Review index page  

Birla fund to shed IT image
Kolkata: Birla IT Fund, which now dons a new name, is undergoing changes. Its portfolio is being overhauled to reflect the altered investment objectives. The fund, recently re-christened Birla India Opportunities Fund (BOF), is shedding its IT orientation to embrace other key sectors, the first of its kind to do so.
Back to News Review index page  

Call to cut MFs' distribution cost
Chennai: The cost of the mutual fund industry's distribution chain needs to be reduced to protect investors' returns from debt-oriented funds as their yield is expected to fall.
Back to News Review index page