The Hindu Business Line : Friday, January 18, 2002

US-64 outperforms Sensex with NAV
THE New Year seems to have started on a bright note for the investors in the Unit Trust of India's flagship scheme US-64. In the three weeks since US-64 started declaring its net asset value (NAV), the fund has outperformed the Sensex. From ... More

Index funds revamp in tune with NSE Nifty
THE managers of index funds have revamped their portfolios in line with the changes in the S&P CNX Nifty, which has come into effect from today. The NSE has revamped the S&P CNX Nifty index by including Wipro and Sun Pharma. These two scrips ... More

SEBI for uniform sector classification by MFs
ALL mutual funds will have to standardise the industry classifications that find mention in their periodic disclosures if the Securities and Exchange Board of India (SEBI) has its way. Each player in the MF sector currently follows its own ... More

Sun F&C to launch Fixed Maturity Plan
SUN F&C Mutual fund is planning to launch a new scheme, Fixed Maturity Plan (FMP), an open-ended fund with investments in debt instruments. The scheme will provide investors an opportunity to invest for various fixed maturities ranging from one ... More

TECHNICAL ANALYSIS

Volatile movement
BEARS dominated the initial hours of Thursday's trading. Later on, the bulls took over and wiped out their early losses. Trading ended on a bullish note. However, the sentiment reading of the tradable counters remains neutral. Bull domination on ... More

STOCK MARKETS

Analysts doubt IT rally will sustain
The technology stocks, led by Infosys, spurted smartly today on bourses in view of sudden buoyancy in the sentiment. Infosys was up 5.83 per cent on NSE to close at Rs 4113. On BSE, it posted a closing price of 4119.85. However, analysts kept ... More

REGULATORY BODIES & RULINGS

SEBI may okay revised open offer pricing norms
THE Securities and Exchange Board of India's board is expected to approve shortly a proposal to revise the open offer pricing norms in order to factor in cases of special dividend also. The proposed amendments to the open offer pricing norm of ... More

COMMENTARY

Smart turnaround for infotech stocks
THE market was upbeat on Thursday with some buying interest in select technology stocks. Technology bulls were out bargain hunting, as the negative perception over the earnings for the previous quarter seems to have come down to some extent. The ... More

Positive outlook on Digital
THURSDAY'S trading in the derivatives segment at the NSE saw good demand for equity and index calls. Here are some buy/sell strategies based on the day's trading: Equity options: The January 540 calls on Digital GlobalSoft clocked the ... More

M&M rises on real estate sale
AUTOMOBILE major Mahindra & Mahindra is understood to be in the final stages of negotiations to sell its huge real estate in Mumbai. It was understood that the property near the company's factory in the city is expected to be disposed off ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in

Nabard moots bank loans against godown receipts -- Guidelines awaiting Government nod

IRDA nod for licences to 7 third party administrators

US-64 outperforms Sensex with NAV

State Govt cos can undertake coal mining

Role for foreign airlines in management -- FDI in aviation may be hiked to 49 pc

Kutch revisited -- With rubble & uncertainty for company

Indian Bank operating profit up

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Jan. 6-Jan. 12
DSE clean-up drive opens pandora's box

Markets hit by war fears; Sensex sinks, recovers