Financial Daily from THE HINDU group of publications
Wednesday, June 05, 2002
Markets (June 4)
BL 2501107.07 (+7.19)
BSE Sensex3191.60 (+30.51)
S&P CNX Nifty1045.40 (+5.65)
Dollar (Buy/Sell)48.99/49.12
Gold Std (10 gm)5440 (+40)

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MARKETS

ACCOUNTANCY


ICAI lays down accounting norms for equity index, stock options
THE Institute of Chartered Accountants of India (ICAI) has spelt out the accounting treatment of equity index options and equity stock options from the viewpoint of parties who enter into such option contracts as buyers or sellers. In a ... More

TECHNICAL ANALYSIS


Narrow movement
TUESDAY'S trading witnessed a narrow movement. Neither the bulls nor the bears could gain much from the day's trading. The market sentiment reading continues to remain neutral. Bear domination on Wednesday is likely to change the sentiment ... More

STOCK MARKETS


GMDC up on divestment talk?
GUJARAT Mineral Development Corporation (GMDC) witnessed sustained buying on the bourses on Tuesday. According to market talk, the share was riding high on rumours that the State Government was likely to offload its stake in the company. Given ... More

Nelco turnaround revives interest
THE stock of Nelco, a Tata group oufit, on Tuesday touched its 52-week high of Rs 54 on the BSE. However, at close, it declined to Rs 49.50 following a profit-booking spree. On the NSE, it finished at Rs 50.25, after touching a day's high of Rs ... More

DERIVATIVES MARKETS


Selling Satyam 260 call may pay
FOR the second straight day the cash markets ended on a positive note on Tuesday. Traders who were long call options would have seen their position gain in value during the day. The following trading recommendations for the day were based on ... More

REGULATORY BODIES & RULINGS


RBI ropes in SEBI to tackle rogue borrowers -- Redefines `wilful default'
TO deal with the persistent problem of rogue borrowers, the Reserve Bank of India today redefined the term "wilful default'' and issued comprehensive guidelines to be followed by banks and financial institutions. The central bank will ... More

COMMENTARY


PM's statement revives sentiment; SCI soars
AS the threat of war with Pakistan receded with some positive statements by the Prime Minister, the 30-share Sensitive Index vaulted by 0.97 per cent (or 30.51 points) to 3191.60 points. Click here for table The ... More
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Top Stories
`Funds no constraint for Grasim's expansion plans'


RBI ropes in SEBI to tackle rogue borrowers -- Redefines `wilful default'

War fears delay Bharti, Data Access ILD plans

Visa troubles cause worry in travel, tourism industry

Dena Bank turns around; nets Rs 11.36 cr

US must crack whip on Pakistan now

In Depth
Gender Justice
Simple Economics
Guide to derivatives

Looking back
May. 26-Jun. 1
Listed PSUs make Govt richer by Rs 45,000 cr

Sensex sheds 97 points as Musharraf douses sentiment

Foreign shareholding in India Inc ebbs

i-flex IPO to open on June 5 at Rs 530


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