Financial Daily from THE HINDU group of publications
Saturday, May 25, 2002
Markets (May 24)
BL 2501123.97 (+38.01)
BSE Sensex3255.62 (+141.57)
S&P CNX Nifty1067 (+40.25)
Dollar (Buy/Sell)48.95/49.08
Gold Std (10 gm)5315 (+45)

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MARKETS

TECHNICAL ANALYSIS


Bull domination
BULLS made a strong come back on Friday to terminate the eight-day long bear run. They were in total control leaving the bears with no opportunity to recover during the day. The sentiment reading of the tradable counters stands neutral. ... More

STOCK MARKETS


Cipla set to sport healthy glow
THE tide could be turning favourable for pharmaceutical major Cipla Ltd as the omeprazole litigation is likely to go in its favour and exports of asthma products are set to boost its bottom line in the next two quarters, analysts have said. The ... More

Markets do about-turn, rise sharply
STOCK markets, after an eight-day fall, took a U-turn in today's trading with the BSE Sensex rising sharply by 141.5 points on hopes that a war between India and Pakistan may not happen. The mood in the market turned optimistic following the ... More

Colour-Chem open offer at Rs 300?
Talks of open offer from multinational companies for their subsodairies here have been doing the rounds in the market for some time now. Colour Chem is one such company that being talked about. The talk is that its parent may come out with an ... More

Satyam ADS slips below $1
SATYAM Infoway Ltd ADS (American Depository Shares) has once again slipped to the sub-one-dollar mark on the Nasdaq. The company's ADS closed $0.95 on Thursday, a $0.05 change over the previous day. The intra-day high in the scrip was $1 and ... More

DERIVATIVES MARKETS


BSE gets more market-makers
MUMBAI: BSE has said that it has appointed more market makers in the derivatives futures product. According to a press release, 23 market makers are expected to give two-way quotes in their allocated futures products at spreads predefined ... More

Sell May 600 put on Digital
AFTER days of uncertainty the markets bounced back during Friday as there were signs of some stability in the political scene. Traders who were long call options would have had reasons to smile, as their positions would have gained value during ... More

REGULATORY BODIES & RULINGS


Ministry for more powers to SEBI
THE Finance Ministry is in favour of bestowing additional powers to SEBI to enable it to regulate more efficiently and take action against those who are violating its norms. The Bill on Amendment of SEBI Act, which is likely to be tabled in ... More

COMMENTARY


Market smiles at last as war threat recedes
THE market indices finished on a firm note on Friday following reports that the Government indicated that there was no imminent threat of war with Pakistan. The rise in equities during the day's trading was in the nature of a technical reaction ... More
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Top Stories
SBI may announce second VRS


IT trainers zero in on ITES courses

Significant M&A activity in offing: A.T. Kearney survey

FMC to fix volume target for commodity bourses

Gold at new high on global rally

Colour TV sales witness healthy growth rate

Go online via power point, cable in waste water systems

In Depth
Gender Justice
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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