Financial Daily from THE HINDU group of publications
Tuesday, February 19, 2002
Markets (Feb. 18)
BL 2501130.38 (+4.04)
BSE Sensex3633.93 (+31.91)
S&P CNX Nifty1172.85 (+12.90)
Dollar (Buy/Sell)48.62/48.75
Gold Std (10gm)4970

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MARKETS

IMPACT


ETC Networks: Gains may be capped
THE announcement of the acquisition of a substantial stake in ETC Networks by Zee Telefilms may cap any further rise in the share price of the former. The acquisition has been made at a marginal discount to the prevailing market price. As such, ... More

Ranbaxy Labs: Significant boost
RANBAXY Laboratories' earnings in the current financial year - 2002 - are likely to witness a significant increase on the heels of it receiving the US FDA's approval for the antibiotic, cefuroxime axetil. Ranbaxy is the first generic ... More

MUTUAL FUNDS


`We will tap Sundaram brand to the hilt': Mr T.P. Raman, MD, Sundaram Newton MF
LAST week's developments marked the end of one of the oldest joint ventures in the mutual funds sector, Sundaram Newton. The Sundaram Finance group announced its decision to buyout Newton's 39 per cent holding in the asset management company. ... More

MRF sold 79.49 lakh units of US-64 for Rs 10.3 cr last year
MRF Ltd sold 79.49 lakh units of US-64 for Rs 10.30 crore last year, according to the company's annual report for 2000-01. The units sold represent 74 per cent of MRF's investments in US-64 at the beginning of the year (October 2000-September ... More

TECHNICAL ANALYSIS


Bull domination
THOUGH Monday's market in general witnessed bull domination, bears were successful in bringing down the prices of top trading counters. Prices of a few index-based stocks rose sharply. Most counters in the tradable list are in the sideways mode. ... More

STOCK MARKETS


FDI cap move lifts Federal Bank
FEDERAL Bank shot into the limelight following the RBI decision to allow 49 per cent foreign direct investment (FDI) limit in private banks. Market sources said that several foreign banks scouting for stake in private banks are eyeing Federal ... More

Frenzied activity in private banks
THE hike in foreign direct investment limit in private banks has pushed up the stock prices of most banks that were otherwise lying dormant. Private sector banks that witnessed intense activity included Federal Bank (up 20 per cent to close at ... More

Bharti scrip ends day one below par
THE Bharti Tele-Ventures scrip closed at Rs 44.15 on the BSE on Monday, its first day of trading, a little below its offer price of Rs 45 per share. The scrip, however, opened higher at Rs 50 per share, touching an intra-day high of Rs 55 and ... More

DERIVATIVES MARKETS


Writing Satyam calls may be profitable
MONDAY'S trading in the derivatives segment at the NSE saw Satyam and Reliance Industries top, with maximum deals. Here are some buy/sell strategies based on the day's trading: Equity options: The February 300 calls on Satyam clocked the ... More

COMMENTARY


Index heavyweights, bank stocks in limelight
THE stock markets moved northwards boosted by positive developments in the banking sector and a rally in index heavyweights. The benchmark Bombay Stock Exchange 30-stock Sensex gained 0.89 per cent or 31.91 points to close at 3633.93 points. ... More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in

Top Stories
FMCG sector growth inches up, says study


European cos warming up to outsourcing

`ARC should create market, not buy bad loans'

DCA tightens norms on loans to directors

Silo deadline extended

NTPC, Rlys sign pact on power plants

Is the world headed for depression again?

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Feb. 10-Feb. 16
Open offers up despite fewer M&A deals

UTI market share dips below 50 pc in Jan


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