The Hindu Business Line : Tuesday, April 23, 2002

SEBI clears UTI's switchover plan
THE Securities and Exchange Board of India will allow Unit Trust of India to launch a new scheme to provide a switchover to the unit holders of Monthly Income Plan 1997-I (MIP 97) maturing by the end of this month. The SEBI Chairman, Mr G.N. ... More

TECHNICAL ANALYSIS

Bear-run arrested
BEARS exerted further pressure during the initial hours of Monday's trading. But were unable to keep the heat on, as the bulls made a strong comeback to recover their early losses. Neither the bulls nor the bears could gain from the day's ... More

STOCK EXCHANGES

DSE writ against members still holding offices
THE Delhi Stock Exchange Karamchari union has filed a petition in the Delhi High Court against continuation of broker-members as office-bearers of the exchange. A recent decision by the Securities and Exchange Board of India (SEBI) had ... More

STOCK MARKETS

Balaji Telefilms rises on bonus talk
THE stock of media company Balaji Telefilms touched an all-time new high of Rs 644.70 on the BSE on Monday. However, it ended marginally lower at Rs 635.70, up 6.70 per cent from the previous close with volumes of 2.10 lakh shares being traded. ... More

Media stocks in limelight
THREE media stocks were in the limelight on Monday on the Bombay Stock Exchange and National Stock Exchange. While, the price of Balaji Telefilms spurted by about 7 per cent, trade volumes in the Mukta Arts counter were phenomenal. The Zee ... More

`Speculative' deals to be redefined
CHANGES in the definition of a "speculative transaction" and the tax treatment on such transactions are on the cards. The high-level panel appointed by the Finance Ministry to examine a host of tax-related issues pertaining to speculative ... More

DERIVATIVES MARKETS

SEBI caution on F&O enlargement
THE question of enlarging the futures and options (F&O) market is engaging the attention of the Securities and Exchange Board of India (SEBI) and a decision on it would be taken once various suggestions made in this regard are analysed. Mr G. ... More

Sell Reliance April 300 call
SELECT call options gained in value during the day's trading in the derivatives segment on the National Stock Exchange. Top traded options included Satyam Computer, Reliance Industries and Sterlite Opticals among others.

The April 280 ... More

REGULATORY BODIES & RULINGS

SEBI chief defends depository charges
THE hike in share sale transaction charges by depositories is reasonable and the depositories and depository participants (DPs) engaged in providing the service are not charitable organisations, according to Mr G. N. Bajpai, Chairman, Securities ... More

SEBI wants open offer for Delco Remy
THE Securities and Exchange Board of India (SEBI) has asked Mr Bhupinder Singh Sahney and Delco Remy America Inc and others, who hold controlling stake in Delco Remy Electricals India, to make direct offer for buying shares from other ... More

COMMENTARY

Sensex gains as HLL reverses direction
DESPITE the worsening political situation after renewed communal violence broke out in Gujarat over the weekend, the stock markets opened on a bullish note during Monday. Profit-booking in frontline technology stocks abated and many of them ... More

Stock Quotes
SE Diary

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