SBI Securities set to merge with SBI Caps
The State Bank of India has decided to merge the two-year old SBI Securities, stock-broking arm of the SBI group, with its investment banking outfit, SBI Capital Markets.

Kargil still hovers over markets, feel fund managers
Despite the strong recovery in the indices on Monday, participants largely believe that uncertainty will continue to haunt the markets in the short-term.

BSE introduces `Z group' companies
The Mumbai Stock Exchange has decided to introduce a new `Z group' in which equity shares of 25 companies would be placed who have not complied with and are in breach of several provisions of the listing agreement.

  Market Round-Up
  Investors miffed over lack of demat option
  Commodity Briefing
  Accounting entries fuel growth at Dena Bank
  L&T scrip bounces back, triggering revival mood
  Compulsory demat likely within a year
  Templeton AMC unveils gilt fund
  Hong Kong gold ends lower on IMF sales
  Bank of Japan intervenes to halt yen's rise
  Gold prices ease as Germany backs sales despite Bundesbank reservation
  Sensex recovers after intra-say plunge
  Singapore oil product swaps move narrowly
  Floating Stock
  Recovery of market confidence could keep Sensex buoyed
  Pentafour scrip could be an attractive buy
  HSBC upbeat on markets despite Kargil tension
  Asian stock markets end mixed
  Shares On The Move
  Market briefing
  Silver rises further, crosses Rs 7900 mark; cotton down