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New
benchmark indices soon to assess performance of MFs |
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A whole new range of benchmark
indices are likely to be available soon for the first time to
investors in a cross section of mutual funds including equity,
debt, balanced, sectoral funds and even monthly income plans. |
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Several
IPOs hinge on success Bharti Tele issue |
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Several mega initial public
offers may hit the market this year if the investors embrace
the much-hyped Bharti Tele-Ventures’ Rs 1200-1800 crore public
issue, according to PRIME, the Delhi-based primary market database. |
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Sensex
up 23 points on select buying |
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Select buying in technology
and old economy stocks pushed the Sensex higher by 23 points
bouncing smartly after Tuesday’s weak close. |
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IDBI
Capital Markets to expand derivatives market operations |
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IDBI Capital Markets Services
Ltd has firmed up plans to expand its operations in the derivatives
market. ICMS managing director, Nageshwar Rao, said that while
current volumes are not very high, with the introduction of
stock futures, the same is expected to increase considerably. |
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