Archive for January 29th, 2007
India is a hot market that no international financial group can afford to skip – particularly in the year 2007. While many global funds, banks and financial groups have already lined up with their plans to enter into the Indian Mutual Fund industry, the availability of Standard Chartered AMC put up for sale has come handy for few.
News just rolled in that Standard Chartered AMC was acquired by the UBS AG for a reported consideration of about $118 – 120 Million (Rs.520 – 530 crore).
January 29th, 2007
Nifty ended at 4124.45 - Down by 23.25. Sensex ended at 14211.96 Down by 70.76. The Rupee is trading at 44.21
January 29th, 2007
The markets continued to hover in the red terrirory.NIFTY is currently at 4143.45.
Sakuma, NovaPanInd, BuilPower, MSPL, Balmlawrie, IndiaBulls are in the top gainers list while Mahindugin, GMBrew, DynaCons, Suzlon, LCC Infotech are in the red.
January 29th, 2007
The markets opened positive and are gradually making way into the positive territory. NSE Nifty is at 4147.70.
BilPower, NovapanIndustries, PTL, AGL are amongst the early gainers of the day. SHRIRAMCIT,PRECWIRE,ANT Graphic, GMBRew are witnessing selling pressure.
January 29th, 2007