Financial Daily from THE HINDU group of publications
Saturday, July 06, 2002
Markets (July 5)
BL 2501149.68 (+2.54)
BSE Sensex3330.61 (+13.84)
S&P CNX Nifty1073.80 (+3.25)
Dollar (Buy/Sell)48.79/48.91
Gold Std (10 gm)5160 (+10)

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DETAXFICATION


Leaks in the shelter
IF THE neighbourhood watch-repairer has one of the best-maintained antique clocks, or the local mechanic's scooter gives miraculous mileage, there is little surprise. But when accountants apply the best of tax skills for their own firms, you ... More

ECONOMY - A PERSPECTIVE


Why the ebb in growth process
THE growth rate of an economy in any given year and the trend rates of growth over sequential years or periods are among the most important conventional indicator of the material progress of an economy. If the growth rate is high in a given ... More

VIEW POINT


Drowned in politics
THERE is widespread agreement that the recent changes made in Mr Atal Bihari Vajpayee's Ministry together comprise a major shift in personnel holding key positions in the Union Government. Now, in the ordinary course of things in an "efficient" ... More

E-DIMENSION


Pay the devil its due
ECONOMICALLY, payoff is not always a bad word. If you look at it in the eye, it means full payment — of salary, wages, or a debt, or final settlement, especially when you have been paying in instalments. It could also mean the climax of ... More

SAY CHEEK


Square pegs in round holes
WHEN the country's CEO takes his band of Ministers and shuffles them like a pack of cards, it evokes a lot of interest. On one side there was the great suspense and, on the other, a fond wish that at least this time there would be some ... More

ON MINT STREET


Why can't banks get back to the basics?
BANKS will be charging margin money ranging between 40 per cent and 50 per cent on funds advanced to bidders tied up with the PSU disinvestment process. And one is unsure of the interest to be charged by banks on the funds. Also they will value ... More

APPRAISAL


PSB lending to public sector cos up 36 pc
PUBLIC sector banks lent more money to those from their own ilk in 2001-02. Advances of 23 public sector banks to public sector companies rose by 36 per cent in the last fiscal. This was when the overall credit growth was up only 19 per ... More

EAR TO THE GROUND


IOC gains on revamp plans?
INDIAN Organic Chemicals has been witnessing a steady rise over the last few days. On Friday, the stock gained 6.76 per cent at Rs 21.75 with volumes of 1.72 lakh shares on the BSE. The stock has been in demand on market talk that the company is ... More

ON THE HEDGE


Consider bull spread on BPCL
THE following are some buy/sell strategies based on Friday's trading in the derivatives segment at the NSE: Equity options: BPCL may witness limited upside from the current levels. You may consider a bull spread to bet on the limited ... More

SENSOR


PSU stocks back in the limelight
CONSISTENT, selective buying by institutions pushed up the major indices up on Friday and despite profit-booking towards the end of the trading session, the two benchmark indices remained in positive territory. Click here ... More
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