The Hindu Business Line : Thursday, January 17, 2002

UTI's MIP (IV) maturity rate fixed at Rs 8.37
UNIT Trust of India has fixed the maturity rate for its Monthly Income Plan 96 (IV) scheme, which went in for redemption on December 31, at Rs 8.37 per unit under the monthly option. The difference between the redemption value and the face ... More

MF sector inflows up 25 pc in Dec
NET inflows into the mutual fund sector increased by 25 per cent at Rs 2,272 crore in December 2001 compared with Rs 1,814 crore in November 2001, according to figures released by the Association of Mutual Funds in India (AMFI). Total sales for ... More

JM Mutual goes online in ICICIdirect.com
ICICIdirect.com, the integrated online trading site, has launched J M Mutual Fund on its Mutual Fund Plaza (MF Plaza) to enable online investment in mutual funds. This is the 5th mutual fund to be launched on ICICIdirect after Prudential ICICI, ... More

STOCKS

VSNL dives as it turns ex-dividend
THE Videsh Sanchar Nigam Ltd (VSNL) stock fell by around 36 per cent on the BSE as the stock turned ex-dividend from today. VSNL closed at Rs 140.60 against Tuesday's close of Rs 219.40. VSNL board had declared a dividend of Rs 75 per share (700 ... More

TECHNICAL ANALYSIS

Mild bear domination
BEARS were in control of Wednesday's trading activity. But they could not gain much. The market sentiment leading the tradable counters continues to remain neutral. The prevailing sentiment is likely to continue on Thursday with a slight change ... More

STOCK EXCHANGES

BSE changes price limits for 4 scrips
THE Bombay Stock Exchange (BSE) has said that it has decided to change price limits (circuit filter limits) on four stocks to meet the revised composition of the National Stock Exchange's (NSE) S&P CNX Nifty index (Nifty). From Thursday, ... More

REGULATORY BODIES & RULINGS

It's now KPMG under SEC lens
EVEN as Arthur Andersen LLP contemplates an uncertain future in the wake of the discovery of various alleged irregularities in its relationship with its imploding client, Enron Corporation, another Big Five accounting firm, KPMG LLP, has ... More

COMMENTARY

Market lacklustre; awaits sense of direction
IT was a lacklustre day of trading at the bourses. The absence of any significant political, economic and corporate events made it a dull day as the BSE Sensex declined by 3.72 points (or 0.11 per cent) to settle at 3348.80 points. Since the ... More

Positive outlook seen on Tata Engineering
THE following are some buy/sell strategies based on Wednesday's trading in the derivatives segment at the NSE. Equity options: The January 120 calls on Tata Engineering clocked the highest volumes on that stock, with 169 contracts. The ... More

Tata Engg up on better performance hopes
BUOYED by flattering sales of Indica car and revival of the automobile sector, Tata Engineering is expected to post good results. Market analysts anticipate the company to either show marginal profits or losses in single digits. In addition, ... More

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