Stock market update : This weekend

ICICI Bank yesterday made a smart comeback, surging nearly 6 per cent on the Bombay Stock Exchange (BSE), amid heavy buying. ICICI was the top performer of the day, while Mukesh Ambani's firm RIL displayed the third best show among the 30 blue-chip companies.

Equity diversified: Top gainers
L&T Small Cap Fund (G) up 2.89%
Sundaram S.M.I.L.E Fund - Regular Plan (G) up 2.67%
ICICI Pru Equity Opportunities Fund (G) up 2.55%
Equity diversified: Top losers
Birla Sun Life Commodity Equities -Global Agri Plan -Retail (G) down 1.13%
Franklin Asian Equity Fund (G) down 0.72%
Birla Sun Life Commodity Equities -Global Precious Metals -RP (G) down 0.55%
Tax saving funds: Top gainers
Birla Sun Life Tax Plan (G) up 1.96%
IDFC Tax Advantage (ELSS) Fund (G) up 1.89%
Taurus Tax Shield (G) up 1.80%
Tax saving funds: Top losers
No Losers
Sector funds: Top gainers
UTI Banking Sector Fund (G) up 2.61%
ICICI Pru Banking & Financial Services Fund - Retail Plan (G) up 2.55%
Religare Banking Fund - Regular Plan (G) up 2.40%
Sector funds: Top losers
JM Telecom Sector Fund (G) down 0.23%
Balanced funds: Top gainers
Reliance Regular Savings Fund - Balanced Option (G) up 1.47%
DSP BlackRock Balanced Fund (G) up 1.24%
Tata Balanced Fund (G) up 1.21%



SEBI rakes up issue of regulators' autonomy


In signs of renewed friction between the government and regulatory bodies, Sebi Chairman C B Bhave today questioned a proposal to park the watchdog's surplus funds in the Consolidated Fund of India.



HDFC Bank hikes lending rates

Private sector HDFC Bank joined the ranks of lenders like ICICI Bank and Punjab National Bank by hiking deposit and lending rates by up to 75 basis points.



IDBI Bank secures $100 Million import credit from Europe


Public sector lender IDBI Bank has secured a $100 million ECA (export credit agency) line of credit from Germany's DZ Bank.



Flat Products Equipments stock up by 8.6 percent


The Flat Products Equipments (CMI FPE) stock was among the top gainers after the price went up nearly by 8.6 percent.



S Kumars files DRHP for Reid & Taylor IPO


Textiles and apparel firm S Kumars Nationwide today said its subsidiary Reid & Taylor (India) has approached market regulator Sebi for permission to tap the capital market with an initial public offer.