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ONGC to split face value to Rs 5 before FPO

The Government is seriously considering splitting the face value of the shares of ONGC to Rs 5 before its FPO in the first quarter of 2011 This will enable retail participation in the stock market and IPOs. The recent issue of Coal India and Power Grid was a massive successandgovernment is keen on wholesome participation by retail investors

Sea TV Network makes smart opening debut at BSE @20 % higher

Sea TV Network, cable service provider to various Cable TV Operators in Agra entered the Capital Market to raise 50.2 crores for its expansion plans, including setting up of digital head end and network for implementation of Conditional Access System (CAS). The Company entered the Market with its Initial Public Offering in the price range of Rs 90 to Rs 100.

SENSEX UP Closes at 20475 points – Clamour for Indian Scripts by FII continues

Bombay Stock Exchange (BSE) Sensitive Index Sensex continued with its clamour for Indian Securities. The Sensex which opened at 20501.21, went up to 20706.74 points and a low of 20437.36 points before closing at the end of the day at 20475.73 points This was 30.69 points more than the closing rate of Friday or 0.15% increase.

Last Hour Pickings take the BSE Sensex Today Up by 184.17 points! 21000 before Diwali ?

The Bombay Stock Exchange (BSE) Sensex or the Benchmark Index closed at 20045.18 points today gaining a robust hike of 184.17 points or 0.93 percent increase over its previous close of 19861.01 points. The Sensex which opened at 19836.43 rose to a high of 20071.75 points and low of 19833.52 before closing at 20045.18 points. The surge in the index was due to robust buying in the last one hour of the trading session on Friday. The main gainers in A Group included IDFC, DLF,

BSE Sensex at new high, closes 408 Points higher - Bank Stocks in limelight

The 30-scrip Benchmark Sensitive Index closed at 19,208.33 points, an increase of 408.67 points or 2.17 percent up from its previous close of t 18,799.66 points. Almost all the 30 scrips included in the Sensex were in the green. Notable gainers were all Banking stocks like SBI, HDFC and ICICI Bank.

BSE Sensex at 3.2% high during this Week

The Bombay Stock Exchange (BSE)Benchmark, Sensitive Index, touched almost 18,800 to close at 18799.66 points, registering an increase of 0.7%. This peak was last observed in January 2008. During the week BSE Sensex gained 3.2%. Similarly theNifty of National Stock Exchange (NSE) closed at 5640.05 points , an increase of 0.6%.
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