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FII-TO-FII TRADES: PNB traded at 8% premium
Trades between FIIs generated a volume of Rs 29 crore on the BSE Friday-an decrease of 49.14% from Rs 56 crore clocked on Thursday. As many as nine stocks witnessed trades of 7.72 lakh shares on Friday.

Sensex plummets 124 pts; first weekly drop in four weeks
The BSE's Sensex fell 0.7% on Friday on profit booking by investors amid negative cues from global markets. With the sharp fall, the index registered its first weekly loss in four weeks, shedding 1.45%.

World markets end July by cutting losses for year
July will be remembered as a good month for shares, with most world markets erasing the losses that had taken indexes below levels at the beginning of the year. On Wall Street, blue-chip stocks overcame an early 120-point decline to finish down by just one point, capping a stellar month of gains and bucking a slowdown in second-quarter economic growth. read more

The art of identifying an ethical financial adviser
Recently, for the first time in its history, the Harvard Business School appointed an Indian, Nitin Nohria, as its Dean. Notably, one of his main achievements was to inculcate Hippocratic Oath for MBA students at Harvard.

Sensex sheds 124 points
MUMBAI: The Bombay Stock Exchange benchmark index Sensex, shed 124 points on Friday on profit-booking, triggered by below-expected quarterly earnings by some corporate houses, amid a depressing global scenario.

Olympus opens new showroom
Japanese digital camera maker Olympus has launched its new exclusive retail store, Olympus Zone, at Edappilly, near here. The zone will offer a range of digital cameras, professional cameras, binoculars, voice recorders and accessories. The company plans to increase its market share to 15 per cent in Kerala .

RBI okays currency options trading on exchanges
The Reserve Bank of India (RBI) said on Friday it has decided to allow trading in currency options on spot US dollar-rupee on stock exchanges.

Forex reserves up by $1.04 bn to $283 bn
Country's foreign exchange reserves grew $1.037 billion to $282.9 billion for the week ended July 23, from $281.9 billion in the previous week supported by a strong rise in the foreign currency assets.

Rupee eases off one-month highs against dollar
Agencies Mumbai, July 30: The Indian rupee depreciated by 7 paise to 46.60 a dollar in early trade at the interbank foreign exchange market on Friday, largely on month-end dollar demand from importers and capital outflows by foreign funds.

ONGC touches month low after weak qtrly numbers
Mumbai, July 30 (PTI) Shares of state-run Oil and Natural Gas Corporation today plunged to a month low of Rs 1,221.10 before closing flat on the Bombay Stock Exchange, a day after the oil major posted a 24.5 per cent fall in its quarterly net profit.


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