SENSEX NIFTY

Suuti

Sep 29, 2016 at 16:43 | Source: Moneycontrol.com
In accordance with its plan to dilute share in public sector undertakings (PSUs), the government is now looking to sell some of its stake in NMDC, NALCO, BHEL via offer for sale (OFS) route.
Sep 23, 2016 at 12:45 | Source: CNBC-TV18
Stake sale by Specified Undertaking of the Unit Trust of India (SUUTI) in Axis Bank is unlikely to happen anytime soon as the paperwork is yet to be completed, reports CNBC-TV18.
Sep 09, 2016 at 17:51 | Source: Moneycontrol.com
First on the plate are the three blue-chip stocks Axis Bank, ITC and L&T which contribute to approximately 95 percent of SUUTIs holdings in value terms.
Sep 06, 2016 at 18:10 | Source: PTI
Earlier, the merchant bankers were not permitted to enter into any competing transaction for entire three years for which they are being hired and hence, the bankers had approached DIPAM for a change in the clause.
Aug 24, 2016 at 22:10 | Source: PTI
Specified Undertaking of Unit Trust of India (SUUTI) has invited merchant bankers to manage sale of its shareholding in various listed and non-listed companies.
Aug 23, 2016 at 21:44 | Source: PTI
After merchant bankers raised concerns, the Finance Ministry has diluted the conflict of interest clause for bankers managing SUUTI stake sale while also deciding to expand the panel of bankers for the issue.
Jul 26, 2016 at 15:29 | Source: Moneycontrol.com
The government will soon be appointing merchant bankers to help it find a buyer for its minority stake in 51 companies which it holds through the Specified Undertaking of UTI (SUUTI) fund. The government will kick of its divestment plans in three blue chip companies.
Jul 08, 2016 at 14:08 | Source: PTI
Government has invited merchant bankers to help it sell minority stakes in 51 companies, including RIL, ICICI Bank, Axis Bank and L&T, and is looking at exiting them within three years
Apr 25, 2016 at 18:46 | Source: PTI
Specified Undertaking of UTI (SUUTI), formed in 2003, is an offshoot of erstwhile UTI. It has investments in several unlisted companies.
Mar 09, 2016 at 07:58 | Source: PTI
Sanjiv Misra will continue as non Executive Chairman of Axis Bank for next three months, the lender said today.
Messages on Suuti »

amateurinve
stor

Platinum Member

2159 Followers

index  

MY VIEW ON BANKNIFTY TODAY: bears were hammering banknifty since a week starting with axisbank suuti stake sale rumour, but yday second half covered their shorts seeing a rally in europe and usa. but today bears got a blessing from pru life share trading at 328 now ie 6 rupees down and they may

10.07 AM Sep 29th

LOOKUP

Platinum Member

452 Followers

Axis Bank  

Axis was beaten down for no reason. Cancellation of SUUTI stake sale must lead to price rise. Instead killer traders interpreted opposite way and crashed the stock. There is no logic in that and intelligent investors must accumulate the shares now. Expect Axis Ban to trade above 675 in an year.

1.20 PM Sep 28th

LOOKUP

Platinum Member

452 Followers

Axis Bank  

Axis was beaten down for no reason. Cancellation of SUUTI stake sale must lead to price rise. Instead killer traders interpreted opposite way and crashed the stock. There is no logic in that and intelligent investors must accumulate the shares now. Expect Axis Ban to trade above 675 in an year.

1.17 PM Sep 28th

venoo.maada
v

Gold Member

66 Followers

index  

In all likelihood Government will dilute stake in private companies that it holds through SUUTI as it expects to meet the disinvestment target for the current fiscal through offloading minority interests and strategic sale of state-owned companies.This will be confirmed only after dilution........

11.45 PM Sep 27th

amateurinve
stor

Platinum Member

2159 Followers

index  

SUUTI SCARE USED BY BEARS: select media published false stories as if suuti has already given date of sale for three stocks viz axis, itc and lt where suuti stakes in just these three firms fetch over 50000 cr. becoz of this rumuour, axis fell big on friday and kept falling yday and today also

11.05 PM Sep 27th

Incognito00

New Member

17 Followers

index  

Take utter care cuz its in news regarding SUUTI sale

3.38 PM Sep 27th

suryapraka5
4

New Member

5 Followers

Axis Bank  

y to buy problematic stock once number of good shares available in market at any time suuti says they r disposing their stake it will fall more than 30 to 40 be careful - my target for axis bank is rs 532 for the short term with a stoploss of rs 547

3.36 PM Sep 27th

amateurinve
stor

Platinum Member

2159 Followers

index  

falling without recovery, bears used today to hammer indices. axisbanik and itc both could not come out of the suuti rumours and both fell below support levels of 550 and 250 respectively. in all past rallies, reliance joins in the last lap but this time reliance joined after the rally is over

7.51 PM Sep 26th

aaanirban

Silver Member

742 Followers

  

SUUTI is old news and known fact..people want to enter low when large qty wud b avlbl for sale.. but overall it`s good for long term.. there is a buyback for sun ph.. so does that mean price so shoot up to 935 immediately?? its not always go in start calculation..

11.01 AM Sep 26th

amateurinve
stor

Platinum Member

2159 Followers

ITC  

POSITIVE ALERT FOR ITC: suuti holds 11.14% stake in itc wroth around 23000 cr. due to false rumours of axisbank sale, itc share too was subdued. investors must note that itc is in fmcg where 100% fdi is allowed and suuti stake sale would be abosrbed by FIIs. in axisbank, fii limit has already been

10.39 PM Sep 25th

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