The Hindu Business Line : Saturday, January 12, 2002

Nestle stake hike: Good route
NESTLE India's announcement that the Nestle group's holdings in the company have risen from 51.25 per cent to 53.27 per cent may have a marginal positive implication for the Indian company's stock price. News of Nestle SA's intention to shore up ... More

India Cements: Largely priced in
THE possibility of a sizeable cash inflow for India Cements may not lead to any notable appreciation in the stock price. The sale of Sri Vishnu Cements has been in the air for quite some time, and the stock price has posted some gains on the back ... More

MUTUAL FUNDS

UTI Variable Fund to bind index stocks with debt
UNIT Trust of India has sought to come out with a novel scheme that will combine the benefits of contrarian investing in index stocks and conventional investing in high-rated debt. The proposed Variable Investment Scheme will allocate a ``major ... More

TECHNICAL ANALYSIS

Bears upbeat
FRIDAY's trading activity was totally controlled by the bears. Bulls were unable to make any recovery during the day. The market sentiment reading of the tradable counters stands mildly in favour of the bears. Bear domination on Monday could ... More

STOCK MARKETS

Markets hit by war fears; Sensex sinks, recovers
THE stock, currency and bond markets turned jittery on Friday following reports of a statement by the Army Chief that a `limited conventional war-like' situation had emerged. However, old economy stocks on bourses remained stronger. Bond prices ... More

War fears trigger fresh fall in IT stocks
TECHNOLOGY stocks were hammered at the bourses today, falling between two and twelve per centAnalysts attributed the fall to a combination of reports on the Chief of the Indian Army stating that there was scope for a limited conventional war ... More

Strong rally in Dredging Corpn
STRONG buying interest was visible in Dredging Corporation of India (DCIL) during the week, taking the market by surprise. A not-so-active stock, with only 0.84 per cent of its paid up capital of Rs 28 crore as floating stock, DCIL jumped by ... More

COMMENTARY

Auto stocks negotiate downward curve
EQUITIES lost ground on Januray 11 on the heels of the situation on India's western border being described as "serious" by the Indian Army Chief. Following a bout of selling, the major indices ended lower. The BSE Sensex closed at 3,362.88 ... More

Further downside in Satyam?
FRIDAY'S trading in the derivatives segment saw good demand for out-of-the-money index and equity calls. Here are some trading strategies based on the day's activity: Equity options: There was good demand for OTM calls on Satyam. The ... More

Sales volume drives up Bajaj Auto
Two-wheeler maker, Bajaj Auto Ltd, has been riding high on the bourses in recent days. The company's performance in the motorcycle segment has been impressive with strong volumes. This, coupled with new launches, particularly `Pulsar' in the ... More

RIGHTS OFFERS

RBI clears Lord Krishna Bank rights
NEW DELHI: Lord Krishna Bank has received the Reserve Bank of India's clearance for its proposed Rs 36-crore rights issue. The issue will open on January 21 and close on February 20. The rights issue is being offered at a premium of Rs ... More

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SE Diary

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Mobile subscribers touch 5.48 m

After Bt cotton, it's GM mustard -- Proagro begins large-scale trials of hybrid variety

Industrial growth slumps to 0.9 per cent in Nov

90% excise duty on petrol, 24% on diesel -- Prices for consumers cut marginally

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Dec. 30-Jan. 5
Panel to supervise Investor Protection Fund formed

All quiet on the IPO front