Corporation Bank to raise Rs 100 crore via bonds issue

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 22, 2009 at 10:43 pm
State-owned Corporation Bank said it will raise Rs 100 crore by issue of bonds on private allotment basis. The bank would raise Rs 100 crore by issue of unsecured innovative perpetual convertible Tier-I Bonds Series-I (4) on private placement basis, Corporation Bank said in a filing to the Bombay Stock Exchange. The issue would open on August 26 and would close on the same date, the filing added.

FII and DII Activity on Friday, August 20, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 21, 2009 at 9:21 pm
FII and DII activity that was seen on Friday, August 20, 2009 is shown below. The report shows that FII were net buyer of Rs 532.8 crore where as DII saw buying of Rs 95.72 crore.    ...

Advice for – Friday, August 21, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 9:08 am
Yesterday: As predicted by EP, Market opened up and traded in positive region. Market was able to breach and close the important resistance of 15000 for sensex.   Today: Indian Stock Market will open up. Today is an important day as market is trading above its crucial resistance level. Today movement would show direction to the market but overall Indian market is still weak.  One should trade in very ...

Now, IPO can also be applied through SMS

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 20, 2009 at 7:23 pm
IPO Speical: Ekkay Magic, a Baroda-based IT services company that focuses on software development and related services, has launched a service that allows investors to apply for an IPO through SMS. “SMS IPO”, a service that can be offered by any broker, allows registered users to apply for an initial public offering by sending a short message from any mobile handset. “The service scores over others in reach, ease of applying and reduction of cost with a high level of efficiency in terms of deliverables, timelines, security and reporting,” according to Joiyesh Sampat, Head of Business Operations at ...

Instanex FII Index on Thursday, August 20, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 7:17 pm
INSTANEX: At close, Instanex FII Index was up 1.09% at 319.15 (+1.29% at 3 pm) and the Instanex DII 15 portfolio was also up 1.09% (+1.26% at 3 pm). Sensex was up 1.37% (+1.75% at 3 pm) and Nifty was up 1.35% (+1.65% at 3 pm). The other Instanex Owner Indexes were also up – the Instanex Retail 15 portfolio was up 1.21% (+1.43% at 3 pm), the Instanex Promoter 15 portfolio was up 1.03% (+1.27% at 3 pm) and the Instanex Top 15 portfolio was up 1.02% (+1.22% at 3 pm).   Of the 15 components of the Instanex ...

Inflation rises to -1.53 against -1.74 last week

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 7:10 pm
Inflation: India’s inflation for the week ended August 8 rose slightly to -1.53 percent against -1.74 percent in the previous week. Inflation in the corresponding week previous year was 12.82 percent. Prices of food articles continued to rise over the previous week. Bajra and urad prices rose by two per cent each, and condiments and spices, arhar, and fruit and vegetables became more expensive by one per cent. However, the prices of jowar came down by four per cent, barley by two per cent, and moong by ...

FII and DII Activity on Thursday, August 20, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 7:02 pm
FII and DII activity that was seen on Thursday, August 20, 2009 is shown below. The report shows that FII were net seller of Rs 438.19 crore where as DII saw buying of Rs 489.42 crore.    ...

Advice for – Thursday, August 20, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:47 am
    Yesterday: As predicted market was down yesterday and during the later session it trapped all the shorts by showing sharp up trend.   Today: Indian Stock Market may open up. Still market is trapping all trades which results in breaching of stoplosses. Market ...

FII and DII Activity on Wednesday, August 19, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 19, 2009 at 8:34 pm
FII and DII activity that was seen on Wednesday, August 19, 2009 is shown below. The report shows that FII were net seller of Rs 622.06 crore where as DII saw buying of Rs 83.77 crore.    ...

Advice for – Wednesday, August 19, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:54 am
Yesterday: As we predicted yesterday that some upmove is possible after a big downtrend a day before, market trend was exactly as per our prediction. Initially market was down due to worse global cues and that market started recovering and closed with a positive trend above 15000 for sensex.   Today: Indian Stock Market may open up. Market is still weak but few surprises can take place with the trend. Trade ...

Instanex FII Index on Tuesday, August 18, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 18, 2009 at 10:11 pm
INSTANEX: At close, the Instanex FII Index was up 1.64% at 319.06 (+1.71% at 3 pm) and the Instanex DII 15 portfolio was up 1.87% (+1.99% at 3 pm). Sensex was up 1.69% (+1.75% at 3 pm) and Nifty was up 1.62% (+1.56% at 3 pm). The other Instanex Owner Indexes were also up – the Instanex Retail 15 portfolio was up 1.62% (unchanged since 3 pm), the Instanex Top 15 portfolio was up 1.58% (+1.62% at 3 pm) and the Instanex Promoter 15 portfolio was up 1.39% (+1.45% at 3 pm).  Out of 15 components of the ...

FII and DII Activity on Tuesday, Aug 18, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 7:51 pm
FII and DII activity that was seen on Tuesday, Aug 18, 2009 is shown below. The report shows that FII were net seller of Rs 721.84 crore where as DII saw buying of Rs 467.44 crore. FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category...

Advice for – Tuesday, August 18, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:56 am
Yesterday: As we predicted few days back that market is still weak and it’s suggested to book profits at higher levels. And the trend yesterday showed it clearly when market cracked more than 600 points for the sensex in a day.   Today: Indian Stock Market may open gap down due to worse global cues. Overall market is still weak. Trading can be done but very cautiously as some upmove may ...

JSW Energy IPO to come soon

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on August 14, 2009 at 8:21 pm
  JSW Energy is set to come out with an initial public offering (IPO) and has filed the prospectus with regulator Securities Exchange Board of India (SEBI), Seshagiri Rao, Joint Managing Director and Group CFO of JSW Steel reported. The date of IPO is still tentative. The company would raise Rs 3,000 crore via the IPO.   Few Financials of the company...

FII and DII Activity on Friday, Aug 14, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 6:42 pm
FII and DII activity that was seen on Friday, Aug 14, 2009 is shown below. The report shows that FII were net seller of Rs 126.1 crore where as DII saw buyers of Rs 443.74 crore.    ...