M&A plays the catalyst in bank counters One merger in the bag and another on the cards was enough to move even the giant of giants, the IDBI which hit the upper circuit. The M&A mania powered many many banking scrips written off by the market till Zee rises on bonus hopes Punters see a bonus round the corner in Zee Telefilm. Reason enough for the scrip to scale higher levels, coming close on the heels of a 10:1 stock split. Crompton Greaves stock reacts to stake sale The much-awaited news that Crompton Greaves (CG) has finally sold off its 40.5% equity stake in Skycell (the Delhi cellular operator) should come as a welcome relief to the stock market. IT, banks are best buys -- Morgan Stanley Chinese ISP major plans overseas listing Buy now, book profits later Mixed profile in cement scrips Melstar Information Technologies to offer shares at a P/E of 44.17 Market Round-up Market Briefing ISPL poised for a rally Assets under Alliance gallops to Rs 1870 cr Maharashtra frames law for protecting depositor interest Click Here for Market Indicator Tables - Top Gainers/Losers of the day - New Highs/Lows achieved during the day
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