6 votes
Technical Analyst Ashwani Gujral said that when a market goes up over 1,000 points in one week, it is definitely time to take some profits off. According to him, investors need to book profits now.
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1 vote
Sudarshan Sukhani of Technical Trends said that 17,000 on the Sensex and 5,000 on the Nifty is quite possible and it is very much within striking distance. According to Sukhani, the Nifty has already batted for won this gain but he added that in the short term such momentum is not sustainable.
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1 vote
Deepak Mohoni of Trendwatchindia.com said that the Nifty can absolutely cross 5000 and trade above that. He added that today the Asian markets are up so the Indian markets too can expect a strong start. According to Mohoni, this is a total liquidity driven rally.
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2 votes
Anil Manghnani of Modern Shares Stock Brokers has a view that as far as levels are concerned both the Sensex and the Nifty are close to a major resistance zone which is about 17,330 on the Sensex and about 5,095 on the Nifty.
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1 vote
The Securities and Exchange Board of India (Sebi) on Wednesday said a mutual fund house can invest $300 million overseas as against the $100 million limit at present. ??
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1 vote
Anil Ambani Group company Reliance Mutual Fund on Wednesday announced a strategic partnership with the world's third largest risk management service provider, MSCI Barra, to offer such services across
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1 vote
Mutual fund houses are divided about naming their new product offerings, as they have been following a mix of strategies with regard to their past schemes.??
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1 vote
The domestic mutual fund industry has raised only about $ 400-500 million from local investors for offshore investment schemes, indicating that the hike in the overall limit for such schemes by $1
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2 votes
5 votes
Dhanus Technologies, which entered capital market with an IPO of 38.35 lakh equity shares to raise money in the price band of Rs 280295 per share, has offered investors (including QIB) to withdraw IPO application.
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6 votes
3 votes
Saamya Biotech is open for subscription with an initial public offering (IPO) of 15 lakh shares of Rs 10 each to raise around Rs 15 crore. Moneycontrol conducted a poll on market experts to check whether to apply for the public issue or not. Majority of experts said apply.
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3 votes
5 votes
6 votes
Maytas Infra, a construction and infrastructure development company, is open for subscription with an initial public offering of 88.5 lakh equity shares of Rs 10 each for cash at a price to be decided through a 100 per cent book building process.
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