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Stocks
Reliance Power Rpower Bonus Issue
Reliance Power had proposed bonus issue of 3 shares of Rs.10 each for every 5 shares held, to the non-promoter shareholders of the company, for which book closure date has been fixed form 3rd June to 5th June 08. Share would go ex-bonus from Friday, 30th May 08.
What are Exchange traded funds

Simply put, an Exchange traded funds is a basket of securities that is traded on the stock exchange, akin to a stock. So, unlike conventional mutual funds, ETFs are listed on a recognised stock exchange. Their units can be bought and sold directly on the exchange, through a stockbroker during the trading hours. ETFs can be either close-ended or open-ended.
Lehman Brothers to quit Indian Stock markets

I just got the news from one of my broker friend that this new is kind of confirmed. Lehman brothers who are currently struggling with credit crisis are going to quit the indian markets very soon. lehman subprime effect is far from over.
How this will effect indian stock markets?

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