Financial Daily from THE HINDU group of publications
Tuesday, February 26, 2002
Markets (Feb. 25)
BL 2501121.19 (-1.43)
BSE Sensex3613.51 (+9.43)
S&P CNX Nifty1165.45 (+1.95)
Dollar (Buy/Sell)48.77/48.90
Gold Std (10 gm)4900 (+10)

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MARKETS

TECHNICAL ANALYSIS


Restricted movement
MONDAY'S market witnessed restricted movement. Neither the bulls nor the bears could gain much from the day's trading. Most counters in the tradable list are in the sideways mode. In the normal course of trading on Tuesday, the prevailing ... More

STOCK EXCHANGES


Nasdaq woos non-tech cos
The Nasdaq authorities are of the opinion that the exchange has been the preferred destination for segment leaders because of its liquidity and growth prospects as well as technical edge. Among its benefits is a new pricing plan, which ensures higher liquidity, lower trading costs and equitable treatment to all participants. More

STOCK MARKETS


Titan maintains uptick
Titan Industries has been rising in the last one month and has posted a smart gain of around 58 per cent. On Monday too, the stock registered a sharp gain of 18.71 per cent on the BSE to close at Rs 54.50. On the NSE, the stock gained 17.55 per ... More

Is market headed for correction?
SINCE mid-September 2001, the BSE Sensitive Index has notched a gain of about 40 per cent to close around 3,613 points on Monday. The rise in the Sensex has come amidst disappointing news about the economy, political turmoil and stray positive ... More

Lupin jumps on hopes of USFDA approval
THE share price of Lupin Ltd has been surging ahead on expectations that its US partner, Apotex, may get the US Food and Administration (USFDA) approval for it anti-infective drug `cefuroxime axetil'. Lupin has an arrangement with Apotex to ... More

DERIVATIVES MARKETS


Positive outlook on Ranbaxy
MONDAY'S trading in the derivatives segment at the NSE saw most equity calls on the top-traded options end in the positive territory. Here are some buy/sell strategies based on the day's trading: Equity options: The February 810 calls on ... More

MgSE camp on derivatives
THE Mangalore Stock Exchange (MgSE) has organised a two-day training camp on derivatives. The ISE and the ISS Chairman, Mr M.R. Mayya, the ISS Managing Director, Mr V. Shanker, the Refco-Sify Securities Manager (Institutional Sales), Mr Yuvraj ... More

COMMENTARY


Auto stocks gear up in dull trade
MARKETS seem to have held their breath on Monday, awaiting the denouement of the Budget to be effected later this week. In view of this `cat on the wall' stance, major indices including the NSE's Nifty moved in a narrow range. The Nifty closed at ... More
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Feb. 17-Feb. 23
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