Ear to the ground
HLL witnesses increased volumes
INDEX heavy weight Hindustan Lever Ltd (HLL) has been witnessing increased volumes in the last couple of trading sessions.
Impact
Infotech Enterprises : Uptrend over ?
THE Infotech Enterprises stock which has been on a roll with a gain of over 100 per cent in the last 15 trading sessions, may well find further upside capped with the sale of stake to a foreign partner becoming public information.
Sterlite Industries : Buyback plans again
THE possibility of Sterlite Industries announcing a buyback plan may not lead to any significant improvement in the stock price.
Mutual Funds
Cholamandalam seeks to guide cos on debt funds
AT a time when debt funds are getting a lot of attention from corporate investors, a report put out by Cholamandalam Distribution Services has sought to debunk the myth that corporates can gain from putting their resources into any old debt fund.
On the hedge
Positive outlook on Digital; Reliance Petro not fancied
FRIDAY'S trading in the derivatives segment saw good demand for out-of-the-money equity and index options. Here are some buy/sell strategies based on the day's trading:
Stocks
Equities stage a spirited comeback before close
ON Friday, the markets made a dramatic recovery after opening on a listless note and sliding for most of the trading session. Plagued by fears of a war with Pakistan, the 30-share sensitive index (Sensex) opened slightly higher at 3132.27 points over Thu
rsday's close of 3131.78 points.
Siemens divestment
MUMBAI: Siemens Ltd has divested its entire stake in Siemens Public Communication Networks Ltd (SPCNL) through an open offer from SPCNL.
Technical Analysis
Bear run arrested
THE bulls took control of the trading activity on Friday. This led to the arrest of the three-day long bear run. The bears were unable to extend their pressure on Friday's trading.
