NATIONAL SBI Mutual Funds eyeing smaller towns says their MD SBI Mutual Fund is focusing on smaller towns as a matter of strategy and would continue to strengthen its distribution network in the coming years, its Managing Director and CEO P G R Prasad said today (Aug 26, 2005).
Sensex 20 pts up, Mid-cap and small-cap on focus The stock market ended 20 points up, extending its gains to second straight session, as operators and institutional investors made selective purchases in blue stocks while shifting focus to mid-cap and small-cap shares.
Inflation further falls to a low of 3.13 per cent Inflation fell further to a new low of 3.13 per cent in the week ended August 13, 2005 from 3.35 per cent a week ago, due to cheaper iron ore, manufactured and essential non-food items.
Sensex rallies smartly during morning trade today Discounting concerns over high crude prices and negative Foreign Institutional Investors (FII) activity, the sensex today (August 26, 2005) rallied smartly during morning trading on the Bombay Stock Exchange LTD (BSE) on fresh buying support investors.
Punjab & Sind Bank infuse RS 500 cr through IPO Punjab and Sind Bank will shortly get Rs 500 crore capital infusion from government that will enable it to come out of red and tap capital market by 2007.
