Financial Daily from THE HINDU group of publications
Saturday, June 08, 2002
Markets (June 7)
BL 2501104.82 (-18.51)
BSE Sensex3217.76 (-41.55)
S&P CNX Nifty1048.80 (-15.55)
Dollar (Buy/Sell)48.98/49.11
Gold Std (10 gm)5390 (+40)

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Hotline information service in Vizag
VIZAG-based Ramprasad Share Consultants (RSC) has started, for the first time in the city, a hotline information services on the background and present financial status of over 10,000 listed and unlisted companies for investors. According to Mr ... More

MUTUAL FUNDS


Index funds fare poorly
RIOTS in Gujarat and, later, the India-Pakistan crisis have taken a heavy toll on index funds, as their three-months performance suggests. As on May 31, the five worst diversified equity schemes were index funds managed by Unit Trust of India, ... More

TECHNICAL ANALYSIS


Bear onslaught
BEARS were in total command of Friday's trading activity. Bulls were unable to make any impact during the day's trading. Friday's market action resulted in terminating most of the uptrend counters in the tradable list. The sentiment reading of ... More

STOCK MARKETS


IDBI surges on revamp plans
THE share price of Industrial Development Bank of India (IDBI) has been gaining momentum in the past few days on the back of the restructuring in the institution and its plans to be a universal bank in the next 12 months. Activity was also ... More

Punjab Tractor up on stake sale talk
Punjab Tractor moved up on Friday on rumours that a local tractor company was eyeing the Punjab State Investment Development Corporation's (PSIDC) stake in the company. The stock ended the day at Rs 142.70 on the BSE, up almost 3 per cent and on ... More

DERIVATIVES MARKETS


Selling Satyam 240 call may be profitable
THE spot market ended Friday on a negative note as investors still seemed to be unsure on how the political scenario will evolve over the next few days. Traders who were long on put options would have seen their position gain value during the ... More

FOREIGN INSTITUTIONAL INVESTORS


FIIs pile up stake in ACC
FOREIGN Institutional Investors (FIIs) interest in the shares of leading cement manufacturer Associated Cement Company (ACC) has increased sharply in the last one year. From a 6.63 per cent holding as on March 2001, the FII holding had increased ... More

INVESTOR GRIEVANCES


  • DCA cell settles 266 complaints

    COMMENTARY


    Profit-booking in technology, PSU stocks
    AFTER lacklustre trading on Thursday, the 30-share Sensitive Index declined sharply by 41.55 points or 1.27 per cent to settle for the day at 3217.76 points. The uncertainty over the success of US efforts at mediating a solution in the Indo-Pak ... More
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  • Top Stories
    Wipro plans new facilities in S-E Asia, Europe


    KVB bonus, rights issues in July

    TRAI favours low licence fee for `receive only' VSATs

    BoI to cut 5,000 more jobs -- Second VRS in another 3 months

    Indian promoters of pvt banks can hold 49 pc

    India, Lanka open Nafta-type trade ties

    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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