Banking stocks back in the limelight on passage of insurance
The passage of IRDA Bill has given a fresh lease of life into the otherwise battered banking stocks. In the past two trading sessions, most of the banking counters has attracted huge buying interest.

Ceat on the right track
With Ceat Limited looking for acquisition of tyre units in the SAARC region, the stock is expected to witness some interest in the near future. The stock is currently changing hands at Rs 48.7 and is expected to regain some of its lost ground.

Shareholders' pact on IPCL selloff to be put before Cabinet
The final version of the shareholder agreement for the divestment of 25 per cent stake in Indian Petrochemical Corporation Ltd (IPCL) will be placed before the Cabinet for approval this week.


  Market Briefing
  Subsidiaries must be fully exchange-owned, says Sebi
  Corporate governance norms will be put in place by March
  Tata Mutual Fund plans monthly income scheme
  Better show aides Mahindra & Mahindra
  Five more domestic firms to list on Nasdaq -- Nasscom president
  Madras exchange mulls subsidiary to secure membership of Mumbai bourse


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