Financial Daily from THE HINDU group of publications
Thursday, May 23, 2002
Markets (May 22)
BL 2501101.57 (+2.47)
BSE Sensex3175.49 (-11.04)
S&P CNX Nifty1045.30 (-3.90)
Dollar (Buy/Sell)48.94/49.07
Gold Std (10 gm)5290 (+55)

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MARKETS

MUTUAL FUNDS


UTI market share dips below 50 pc in April
THE first month of this fiscal (April 2002) saw net inflows of Rs 1,772 crore into the Indian mutual fund industry compared to outflows of Rs 5,549 crore that the industry experienced in the previous month (March 2002). The sharp rise in the ... More

TECHNICAL ANALYSIS


Bears prevail
BULLS made a valiant attempt and gained during the initial hours of Wednesday's trading. But, they were unable to extend control yielding to bear pressure. The sentiment reading of the tradable counters continues to remain bearish. Bull ... More

STOCK MARKETS


Wimco in limelight on open offer talk
THE share price of safety match maker Wimco Ltd, a 74-per cent subsidiary of Swedish Match AB, has more than doubled since the beginning of this month on market expectation of an open offer from the parent. The share price has increased from Rs ... More

Stocks slide continues
THE slide in stock prices continued for the seventh trading session in a row today, pushing the BSE Sensex down by 11 points in volatile trading. However, forex and security markets remained more or less stable. The Prime Minister, Mr A.B. ... More

Open offer talk revives SEAM again
THE talk of an open offer from the parent of South-East Asia Marine Engineering and Construction (SEAM), formerly Peerless Shipping, was once doing the rounds in the market. Dealers said with the Securities and Exchange Board of India calling the ... More

  • UTI sells Abbott Lab

    DERIVATIVES MARKETS


    Satyam may reverse direction
    CALL options on most stocks ended lower on Wednesday's trading in the derivatives segment at the NSE. The following are some buy/sell strategies based on the day's trading: Equity options: Notwithstanding Satyam calls ending lower, the ... More

    REGULATORY BODIES & RULINGS


    SEBI warns Balaji Tele lead managers
    THE Securities and Exchange Board of India (SEBI) has issued warning against three merchant bankers for violation of due diligence obligation in the case of Balaji Telefilms Ltd's (BTL) initial public offer (IPO). The three lead mangers are JM ... More

    COMMENTARY


    Auto stocks look up in a falling market
    THE market on Wednesday ended on a negative note as war fears still weighed down sentiment on the bourses. Select auto and cement stocks looked up while most index heavyweights presented a mixed picture. Click here for ... More
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  • Top Stories
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    OrbiTech merges with Polaris -- Citigroup is largest stakeholder

    UTI market share dips below 50 pc in April

    Rubber - A success story 100 years in the making

    US farm subsidy: A wake-up call

    Abdul Ghani Lone: A moderate, rational voice silenced

    ITC net up 18 pc at Rs 1,190 cr -- To pay dividend of 135 pc

    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


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