SENSEX NIFTY

Suuti

Feb 22, 2017 at 15:58 | Source: Moneycontrol.com
From the only eligible reported proposal of a Kotak Bank, the list has now widened to include other big names like ICICI Bank, HDFC Bank and HDFC. There could be some over-ambitious mid-sized players also queueing up over the next few weeks.
Feb 21, 2017 at 21:10 | Source: PTI
The Finance Ministry has not received any communication with regard to reported merger of Kotak Mahindra Bank and Axis Bank, a senior official said.
Feb 09, 2017 at 11:07 | Source: Moneycontrol.com
Speaking to Moneycontrol, JN Gupta, Co-founder and MD of proxy advisory firm Stakeholders Empowerment Services (SES) said that in real sense, one arm of the government is the seller and other is the buyer, so at best it a resource [mobilisation] exercise by the government."
Feb 09, 2017 at 08:39 | Source: Moneycontrol.com
A top fund manager was quoted as saying that the largest consolidation in the banking sector is being explored by the shareholders of the two banks, according to a report in The Times of India.
Feb 07, 2017 at 09:56 | Source: Moneycontrol.com
In early trade Tuesday, the government has divested 2 percent of its stake held in ITC held through the Specified Undertaking of the Unit Trust of India (SUUTI).
Feb 07, 2017 at 09:15 | Source: Moneycontrol.com
BHEL, ITC, Sun Pharma, Wipro, GAIL, Aurobindo Pharma and IndusInd Bank were early gainers while Dr Reddy's Labs, ICICI Bank, Bharti Airtel, Axis Bank, ONGC, ACC and Eicher Motors were under pressure.
Feb 01, 2017 at 15:29 | Source: Moneycontrol.com
Cigarette major ITC shares hit record high of Rs 269.50, up 4.5 percent intraday Wednesday as excise duty hike was within the analysts' expectations limit.
Feb 01, 2017 at 13:22 | Source: Moneycontrol.com
On Wednesday, Finance Minister Arun Jaitley announced a divestment target of Rs 72,500 crore for FY18, 60 percent higher than the previous fiscal's revised estimate of Rs 45,500 crore.
Jan 11, 2017 at 17:05 | Source: Moneycontrol.com
The government has managed to garner over Rs 23,500 crore through selling its stake in public sector enterprises during the first nine months of the current fiscal, representing nearly 60 percent of the disinvestment target, said Manish Singh, Joint Secretary, Department of Investment and Public Asset Management (DIPAM)
Nov 04, 2016 at 17:05 | Source: CNBC-TV18
In an interview with CNBC-TV18, market expert Ashwani Gujral said that as the market bottoms out, metals could be the first sector to move higher and probably the sector that will lead the market is going to be commodities.
Messages on Suuti »

srisat19

Platinum Member

2214 Followers

Bharat Fin  

Earlier when Govt was denying SUUTI sale, it still collapsed from 560-580, now recovered well from 420-440 zones (same as Zee)... it corrected from 650 i.e 30-35% :)

2.42 PM Feb 23rd

amateurinve
stor

Platinum Member

2947 Followers

index  

just for you, let me write in simple english. 1. cnbc said earlier kotak is buying axis. axis denied in writing. 2. cnbc said kotak interested in buying 12% suuti stake. finance ministry today denied no plans to sell suuti stake.

11.00 PM Feb 21st

amateurinve
stor

Platinum Member

2947 Followers

index  

TRUTH BE TOLD: Today Finance Ministry denied any immediate plans to sell its 12% stake in axisbank held through suuti. ET report in this link. so, cnbc saying a list of applicants must be done with a view to lift banknfity becoz all the stocks cnbc mentioned are up barring indusindbank.

10.37 PM Feb 21st

amateurinve
stor

Platinum Member

2947 Followers

index  

kindly do not mix a third story into cnbc coktail of merger rumour news and then suuti stake and now hsi own stake reduction. kotak reducing stake is a mandatory regulatory compliance which has nothing to do with acqusition. in case you are saying that axis is buying this extra stake from kotak

10.30 PM Feb 21st

amateurinve
stor

Platinum Member

2947 Followers

index  

TRUTH BE TOLD. dozen companies evinced interest in buying 12% suuti stake in axis, including lic which already holds 14.5% stake. cnbc did this drama of highlighting only one word kotakbank to mislead viewers as if kotak is acquiring axisbank. cnbc presented a lie by censoring that kotak is among

10.16 PM Feb 21st

amateurinve
stor

Platinum Member

2947 Followers

index  

for axis and end it says others join foray. this is in the air since two months of suuti stake sale and whole world is aware of it. govt through suuti holds 12% odd stake in axis which it wish to sell when it wants to meet divestment target. this attached cnbc report itself says dozen companies evinced

10.07 PM Feb 21st

hushaam1

Gold Member

2562 Followers

ITC  

-called Specified Undertaking of the Unit Trust of India (SUUTI), was sold at Rs 275.85 per share through block deals as per stock exchange data.

5.14 PM Feb 16th

honest_anal
ysis

Gold Member

202 Followers

IDBI Bank  

privatisation doesn`t mean govt gets a good price. Any buyer can see through the mismanagement and won`t give even the current market price. I don`t think there is anything great on asset side as well. Also, SUUTI doesn`t have this stock, even if they were to have, generally any stock price goes

3.00 PM Feb 10th

shivji14

New Member

27 Followers

index  

due to suuti sale, a hype was created around axis bank,itc,icici bank . also by selling tcs,infosys and tech mahindra. so one should trade with caution, since profit booking will take the index at least to 8650. when is the question?

12.36 PM Feb 9th

shivji14

New Member

27 Followers

index  

people can make money only whenale, a hypa they squarebtheir position. due to suuti sale, a hype was created around itc,ax

12.32 PM Feb 9th

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