The Hindu Business Line : Wednesday, May 29, 2002

KJMC fund plans new schemes
ABOUT eight months after it mooted its first products — a growth and an income fund — KJMC Mutual Fund has sought the regulator's approval for two more schemes, gilts and liquid. These will be introduced under the MF's brandname ... More

No income payout on some UTI schemes
UNIT Trust of India has issued letters regretting that it has taken an "unpleasant measure" — not paying unit holders in certain monthly income plans (MIPs). UTI recently announced its decision of not declaring any income distribution ... More

IDBI-Principal scheme corpus

TECHNICAL ANALYSIS

Bear domination
BEARS were in total control of Tuesday's trading activity. They made substantial gains during the day leaving the bulls with no opportunity to recover. Bear domination on Wednesday is likely to change the sentiment reading strongly in their ... More

STOCK MARKETS

Listed PSUs make Govt richer by Rs 45,000 cr
THE market may have been harsh on small investors, but the Government has little reason to complain — so handsomely has it been rewarded. It is richer by nearly Rs 45,000 crore on its holdings in 27 listed public sector undertakings (PSUs), ... More

Sensex sheds 97 points as Musharraf douses sentiment
SHARE prices fell sharply on bourses across the country on Tuesday in what appears to be a knee-jerk reaction to the Pakistani President, Mr Pervez Musharraf's speech on Monday. The benchmark 30-share sensitive index (Sensex) of the Bombay ... More

Buy-out hopes buoy Century Enka
THE Century Enka stock has been ruling strong since April 1 on expectations of a buy-out and better results. The company is a joint venture between Akzo Nobel and B K Birla group. The market speculated that Akzo Nobel would buy out B K Birla ... More

Fund managers bullish about markets in the long run: Survey
FUND managers remain bullish about the Indian markets in the long term despite the rising tensions between India and Pakistan, says a monthly survey conducted by DSP Merrill Lynch. On a 12-month view no fund manager is bearish...86 per cent ... More

Sesa Goa up on bright outlook
THE share price of multinational Sesa Goa has been on an upward curve even in the depressed market conditions. The talk doing the rounds in the market is that with the revival in the steel sector, the outlook for Sesa Goa looks good. Sesa Goa is ... More

DERIVATIVES MARKETS

Consider put spread on Satyam Computer
THERE was no change in sentiment on Tuesday's trading in the cash market, as traders were wary of taking a bullish view on account of the prevailing Indo-Pak uncertainties. Traders who were long on put options on Monday would have seen their ... More

REGULATORY BODIES & RULINGS

SEBI revelation on OCBs stumps CBI -- Did Ketan dupe his own partners?
AN observation by the Securities and Exchange Board of India (SEBI) that stockbroker Mr Ketan Parekh defrauded six overseas corporate bodies (OCBs) has stumped the Central Bureau of Investigation (CBI) which thought they all were "partners in the ... More

COMMENTARY

Index heavyweights, oil stocks bear the brunt
THE euphoric rise witnessed on Friday proved to be short-lived with the most of the gains being wiped by the 96.58-point decline during Tuesday's trading. Fears about the possibility of an Indo-Pak conflict continued to haunt market sentiment. ... More

Stock Quotes
SE Diary

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Sensex sheds 97 points as Musharraf douses sentiment

Listed PSUs make Govt richer by Rs 45,000 cr

ASP market to cross Rs 100 cr by 2004: IDC

`Musharraf evades issue of promoting terrorism'

In Depth
Gender Justice

Simple Economics

Guide to derivatives

Looking back
May. 19-May. 25
It's a roller-coaster ride -- Steel gains 20% in M-cap; entertainment loses 15 pc

Sensex down 96 points; gold zooms to new high

UTI market share dips below 50 pc in April