Moneycontrol News Archive

NAVs end on weak note as mkts decline sharply

18th June, 2009 22:11

Equity diversified NAVs ended on a weak note with advance:decline ratio of 1:231, as the markets declined sharply led by huge profit booking in infrastructure, com

See biz moving to insurance post Sebi move: Sundaram BNP 

18th June, 2009 21:08

TP Raman, MD, Sundaram BNP Paribas, said initially a large part of the business might shift to insurance because reform hasn’t taken place there.

Sebi gives more power to investors: An analysis 

18th June, 2009 20:52

As CNBC-TV18 reported on June 16, the Sebi board has rationalised disclosure norms for rights issues, allowed investors to choose commission payable to mutual fund

Sensex cracks under selling pressure, ends 257 points down 

18th June, 2009 20:36

There was carnage on Dalal Street today. The markets cracked under selling pressure in late trade. The broader markets were also hit hard. Realty, metals, and infr

SEBI's MF move to benefit retail investors: Religare Cap 

18th June, 2009 20:14

Commenting on the latest move made by SEBI, Amitava Chakraborty of Religare Capital Markets said that the market regulator was looking at reducing the cost borne b

MFs net sell Rs 179 cr in equities on June 17

18th June, 2009 19:56

On June 17, 2009, mutual funds (MFs) were net sellers to the tune of Rs 179.60 crore in equities. They made gross purchase of Rs 531.40 crore and gross sales of Rs

FIIs net sell Rs 226 cr in equities on June 17

18th June, 2009 19:52

On June 17, 2009, foreign institutional investors (FIIs) were net sellers to the tune of Rs 226.50 crore in equities. They made gross purchase of Rs 2,168.30 crore

US markets open flat; Dow up 8 points

18th June, 2009 19:09

At 19.04 hrs (IST)- The US markets opened flat. The Dow Jones Industrial Average was up 8.17 points, or 0.10%, to 8,505.35. The Nasdaq was down 6.29 points, or 0.3

Sebi scraps entry load for MFs, cuts fees of intermediaries 

18th June, 2009 18:42

The Securities and Exchange Board of India has rationalised disclosure norms for rights issues. The market regulator has allowed investor to choose commission paya

Rio Tinto, BHP, Arcelor down 15-20% 

18th June, 2009 18:31

The global biggies in terms of the metal space – Vedanta declined 20% in the last four sessions and Rio Tinto, BHP and Arcelor – all of them down between 15-20%. S

Education sector pre-Budget expectations: EY

18th June, 2009 18:01

Education has to be perceived at each of the opposing ends of the spectrum - the provision of access to quality and affordable basic education, and broadening the

Is it end of the road for brand Kinetic? 

18th June, 2009 17:56

It is probably the end of the road for one of India's oldest two-wheeler brands—Kinetic. Kinetic's joint venture (JV) partner Mahindra and Mahindra (M&M) is all se

Suzlon Energy adds 24 lakh shares in OI 

18th June, 2009 17:31

The Nifty 4,300 Call added 13 lakh shares and 4,400 Call added about 10 lakh shares. Suzlon Energy was down 10% and added close to 24 lakh shares in open interest.

Larsen has support at Rs 1400: Mohindar 

18th June, 2009 17:22

Rahul Mohindar of Viratechindia is of the view that Larsen and Toubro has key support at Rs 1400. Below that it would touch Rs 1310-1320.

Franklin India Prima Fund declares 60% dividend

18th June, 2009 17:13

Franklin India Prima Fund has declared a dividend of 60%, for which the record date has been fixed as June 24, 2009.