Financial Daily from THE HINDU group of publications
Thursday, June 06, 2002
Markets (June 5)
BL 2501126.57 (+19.50)
BSE Sensex3255.52 (+63.52)
S&P CNX Nifty1064.20 (+18.80)
Dollar (Buy/Sell)48.98/49.11
Gold Std (10 gm)5400 (-40)

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ACCOUNT SPEAK


Miffed member
THERE is a mail in my inbox from a reader, Mr S. Natarajan of Bangalore. He has cited at least three instances that merit the attention of the CA Institute. In brief, these relate to the language of fee reminder notice, empanelment for bank ... More

FOCUS


With question mark on business recast completion... Market pick-up real hope for SAIL in 2002-03
THE important point to emerge when the results of Steel Authority of India Ltd for 2001-02 are considered is that the signs of upturn in the steel market in evidence since April give it hope that 2002-03 will be significantly better. This is ... More

MICROSCOPE


Dairy biz transfer to hit future earnings
BRITANNIA Industries has announced robust earnings numbers for the year 2001-02. Substantial one-time incomes have also buttressed Britannia's bottomline for the year, with Rs 125.70 crore flowing in from the divestiture of the dairy business to ... More

SAY CHEEK


`Barah billion' question
SUPPOSE you took the mike to a bunch of politicians waiting with sound bites and asked them what they think about the current `barah billion' question: "What do you think about the Tata-VSNL problem?"
  • Never thought VSNL had that ... More

    EAR TO THE GROUND


    Wimco in MF buy list
    MUTUAL funds are eying Wimco now after the stock has risen by over 300 per cent in the last couple of months. Dealers said a leading private sector mutual fund bought around five lakh shares on Wednesday. The market view is that there could be ... More

    ON THE HEDGE


    Sell Digital GlobalSoft June 690 call
    WITH no fresh negative news haunting the market, the positive sentiment in the cash market continued to sustain on Wednesday. Traders who held on to their long position in call options could have closed the day on a profitable note. The ... More

    SENSOR


    Heavyweights lift Sensex; select PSUs decline
    THE markets were enthused by the steady progress made in diplomatic efforts to resolve the Indo-Pak border conflict. The 30-share Sensitive Index marched up by 63.92 points (or 2 per cent) to close Wednesday at 3255.52 points. More
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