Tag «Bank of Baroda»

UTI Equity Fund declares tax-free dividend of 17.50%

UTI Equity Fund declares tax-free dividend of 17.50% (Rs.1.75 per unit on face value of Rs.10). Pursuant to the payment of dividend, the NAVs of the dividend option- existing plan and dividend option-direct plan of the scheme would fall to the extent of payout and statutory levy if any. The record date for the dividend …

Eid Mubarak: Nifty ends above 5,550

8th August, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  After being under constant pressure for almost 10 trading sessions, the Indian equity market finally managed to close in the green with healthy gains. The Nifty closed above 5,550 while the Sensex shut shop above 18,700 levels. The market will remain closed …

Nifty ends below 5700 again, BHEL drags post Q1 nos

5th August, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  The Indian equity market ended on a flat note on Monday amid bouts of volatility during the day. The Nifty ended below the 5,700 mark for the second consecutive day. Metals, banking, IT, FMCG and telecom stocks led the gainers pack. However, …

Nifty sinks below 6,000 on RBI liquidity scorcher

 24th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Nifty sinks below 6,000 on RBI liquidity scorcher Yet another couple of measures by the Reserve Bank to prop the rupee in less than 10 days left the Indian equity market running for cover on Wednesday. The central bank on Tuesday after …

Mkt sheds gains on weak European cues, profit-booking

10th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Mkt sheds gains on weak European cues, profit-booking The Indian equity market ended near the day’s low on Wednesday erasing the day’s gains on weak European cues and profit-booking at higher levels. The Nifty barely managed to close above the 5800 mark …

Nifty tips 5900; pares gains on weak global cues

5th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  The Indian equity market managed to build on Thursday’s gains extending its winning streak to the second consecutive day. The Nifty closed above 5,850 while the Sensex shut shop above the 19,400 mark, a gain of 0.5% each. The Nifty briefly touched …

Falling Re, rising crude sink Nifty below 5800

3rd July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Falling Re, rising crude sink Nifty below 5800 The Indian equity market ended in the red, extending its losing streak to the second consecutive day. It started weak and continued that trend with the surfeit of negative news. Any signs of a …

With reforms in the saddle, bulls retake D-Street

1st July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  What a start to the week! After enjoying a fantastic Friday, the Indian equity market continued its winning streak on Monday with the Nifty ending a shade below the 5900 mark. The Sensex managed to close above the 19,500 mark at 19,577, …