The Hindu Business Line : Wednesday, May 22, 2002

Bears onslaught
BEARS continued their dominance over Tuesday's trading and brought a steep fall in the index. Stock prices across the board fell sharply. During the close, the bulls managed to recover partially. Barring a few counters, all the other counters in ... More

STOCK MARKETS

Sensex down 96 points; gold zooms to new high
TENSIONS across India's border with Pakistan continued to drive stock values down on panic selling, pushing the benchmark indices down for the sixth session in a row. BSE Sensex fell to a six-month low of 3186.53 points, the previous low being ... More

United Phos rises on fund buying
ON a day when most shares were under selling pressure, the United Phosphorus stock was in the limelight on the Bombay Stock Exchange. The stock ended 6.74 per cent higher at Rs 80.70 with volumes of 7.95 lakh shares. On NSE, it closed at Rs ... More

STC hogs limelight
THE market has begun to sniff hidden value in the stock of State Trading Corporation (STC), listed for divestment. The counter hit the all-time high of Rs 67.50 on Tuesday on the Bombay Stock Exchange. Opening at Rs 56.20, the scrip hit the ... More

DERIVATIVES MARKETS

Selling L & T 180 call may be profitable
WITH uncertainties prevailing over a possible armed conflict with Pakistan, the equity markets were jittery and volatile. Call options continued to lose value during Tuesday's trading at the derivatives segment on the National Stock ... More

REGULATORY BODIES & RULINGS

SEBI bars UP brokers from top SE posts
THE Securities and Exchange Board of India has amended the Articles of Association of Uttar Pradesh Stock Exchange Association Ltd (UPSE) to ban broker members of the exchange from holding the posts of President and Vice-President of the ... More

NRIs allowed 17 pc in Garware Shipping

COMMENTARY

Markets in a tailspin as bears tighten grip
THE markets took a heavy beating in early morning trade as tension across the border intensified. The Government has moved troops from the riot-hit Gujarat to Jammu. Fears of a full-fledged war loomed large, hitting the sentiment on the bourses. ... More

Stock Quotes
SE Diary

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In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
May. 12-May. 18
No book-building route for Canara Bank IPO

Overseas investment will boost MFs: Report

Unofficial badla is back -- Current rates range between 18 and 22 pc