The Hindu Business Line : Saturday, March 16, 2002

MFs think up ways to skirt dividend tax
THERE is a lot of brainstorming happening in the mutual fund industry as asset management companies (AMCs) work overtime to come up with innovative ways to circumvent the dividend tax proposal announced in the Union Budget 2002-03. One of these ... More

Cangilt to pay 2 pc
CANBANK Mutual Fund has declared a dividend of two per cent for its Cangilt (PGS) schemeunder the income plan. This is the fifth dividend declared under the scheme during the current financial year, a press release from the MF said. The ... More

TECHNICAL ANALYSIS

Bull domination
BULLS were in control of Friday's trading activity. Bears failed to make any impact during the day's trading. Friday's market action led to the termination of the downtrend counters in the tradable list. The sentiment reading of the tradeable ... More

STOCK MARKETS

MphasiS soars on ING order hopes
THE MphasiS BFL stock has been steadily heading north. The stock got a boost from reports about an outsourcing order from the ING Group, dealers and analysts said. The stock closed at Rs. 584.35 on the Bombay stock Exchange on Friday, up Rs 23.60 ... More

Markets breathe easy
STOCKS, currency and bond markets heaved a sigh of relief as tensions caused by the Ayodhya issue eased out towards the end of the day. The benchmark BSE Sensex went up by 37 points to close at 3,618 after reaching an intra-day high of 3,632, ... More

Gillette up on open offer hopes
MARKET players are expecting an open offer from another multinational company, this time Gillette India. The US parent is expected to increase its stake in the Indian subsidiary, following infusion of funds. Market players say that the parent ... More

Narayana Murthy sells 2.5 pc stake in Infosys
THE Infosys Technologies Chief Mentor, Mr Narayana Murthy has sold 15,000 shares (2.58 per cent of his holdings). In a notice to the NSE, the software major said that Mr Murthy's holdings in Infosys had come down from 5,79,400 shares to ... More

Sell-off, dampener for Tide Water Oil?
THE stock market faces a unique problem in valuing the shares of Tide Water Oil (India) Ltd, a public sector undertaking. ``Even though the scrip is valued at over Rs 1,000, perhaps the top-rated PSU stock, it lacks depth for a fair play of ... More

HDFC to replace RPL in Sensex

DERIVATIVES MARKETS

Put-call combination on Reliance may pay
EQUITY calls on the top-traded stocks ended in the positive territory in the derivatives segment at the NSE. Here are some buy/sell strategies based on the day's trading: Equity options: Calls on Reliance Industries ended higher, with ... More

COMMENTARY

Zee Telefilms, Reliance trigger Sensex rally
THE range-bound market movement witnessed on Thursday was extended to Friday's trading as well. The Sensex moved in a narrow band of about 36 points during the day. It ended the day at 3617.68 points, which represents a rise of 36.85 points or ... More

Stock Quotes
SE Diary

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

Power-hungry PC users go for faster P3 and 4 processors

Net telephony from April 1

MFs think up ways to skirt dividend tax

Tribunal dismisses cell operators' plea -- Limited mobility cleared for fixed line service provider

No hurry to cut Bank Rate: Jalan

Govt reviews crude oil price rise

Tax base wider; but little change in mop-up: CAG

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Mar. 3-Mar. 9
SEBI tells SEs to act tough on dividends

PNB maiden issue at Rs 21 premium

Dividend rush -- Now, it's funds turn