Page 4377 - Markets News
What do India's Swiss banks do?
A good number of companies are into illegal money raising
 "What do India's Swiss banks do?")
Corporate affairs ministry sends notices to auditors in NSEL, FTIL case
Notices have been sent for violations of Companies Act
 "Corporate affairs ministry sends notices to auditors in NSEL, FTIL case")
FTIL not to subscribe to MCX-SX rights issue
If the rights issue is fully subscribed, our holding in MCX-SX's equity will fall to 1.73%
 "FTIL not to subscribe to MCX-SX rights issue")
GSK Pharma open offer gets oversubscribed
Glaxo Group spends $1 billion to increase holding from 50.67% to 75% in Indian arm
 "GSK Pharma open offer gets oversubscribed")
Sensex conquers Mt 22k, retreats
Capital goods, realty and bank scrips might see some profit booking over next fortnight, expect analysts
 "Sensex conquers Mt 22k, retreats")
MF assets hit new highs on equity, income schemes
Income funds, according to a CRISIL report, saw their highest inflows since May 2013
 "MF assets hit new highs on equity, income schemes")
RIL's earnings downgrade cycle over
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
 "RIL's earnings downgrade cycle over")
Reliance extends gains, climbs 2%
During the day, the shares had rallied as much as 3.8% to Rs 902.40
 "Reliance extends gains, climbs 2%")
Ordinance lapse puts spanner in Sebi action against fraudsters
The ordinance had empowered the regulator to deal with fraudsters and defaulters more effectively
 "Ordinance lapse puts spanner in Sebi action against fraudsters")
Malaysia Airlines shares lose 10% over missing jet
Flight MH370 went missing over waters between Malaysia and Vietnam en route from Kuala Lumpur to Beijing early Saturday
 "Malaysia Airlines shares lose 10% over missing jet")
Markets end flat; Sensex tops 22,000 intra-day
Markets ended flat as gains in cyclicals helped offset losses in defensive sectors.
 "Markets end flat; Sensex tops 22,000 intra-day")
FTIL seeks expression of interest for stake sale in MCX
Move follows company's decision last month to appoint a committee to oversee a restructuring plan
 "FTIL seeks expression of interest for stake sale in MCX")
Indian market costliest among BRICS nations
Difference between India and other BRICS nations has increased recently as India heads into elections and investors hope the next five years will bring in growth
 "Indian market costliest among BRICS nations")
Provisional: Markets end flat amid range bound trade
Markets ended flat with positive bias amid range bound trade on Monday led by bank and capital goods shares
 "Provisional: Markets end flat amid range bound trade")
FTIL gains on appointment of financial advisor for divestment of stake in MCX
The company has appointed JM Financial Institutional Securities as its financial advisor for divestment of stake held in MCX.
Banking shares extend rally, Bank Nifty soars 14% in one week
SBI, Bank of India, IndusInd Bank, Kotak Mahindra Bank and HDFC Bank are up 3-6% on the NSE.
 "Banking shares extend rally, Bank Nifty soars 14% in one week")
Markets consolidate; Capital Goods, Oil & Gas indices at multi year highs
Tata Motors, TCS, Hindalco, Infosys and Sun Pharma down 2-3%, cap gains
Investors flee safe haven IT stocks; turn to cyclicals
Infosys and TCS are the top Sensex losers at this hour while Reliance and Larsen & Toubro are among top gainers
 "Investors flee safe haven IT stocks; turn to cyclicals")
F&O: Short strangle by selling 6300 put and 6700 call for March options
Check out the F&O trends in select stocks with Navneet Daga, Derivative Analyst at KR Choksey Securities