The Hindu Business Line : Thursday, July 11, 2002

Volatile movement
BULLS dominated initial hours of Wednesday's trading. Later on, bears made a strong comeback and recouped their losses. The sentiment reading of the tradable counters stands mildly in favour of the bulls. Bull domination on Thursday is likely to ... More

STOCK MARKETS

Infosys results fail to cheer tech counters
INFOSYS Technologies' better-than expected first quarter results brought little cheer for tech stocks today as institutional selling dragged the market on the whole. Among the frontline tech stocks, on the Bombay Stock Exchange, Infosys closed ... More

Escorts sees uptrend ahead of results
Escorts hit 52-week high on the major bourses on Wednesday with significant volumes on expectation of an improvement in the fourth quarter results. The company is scheduled to announce its financial performance for the fourth quarter as well as ... More

Tata Chem sees heightened interest
TATA Chemicals is being accumulated of late continuously by a section of the market. There are several factors for the increased interest in the counter. Dealers said the rise in soda ash prices could be one of the reasons. There has also been ... More

Chamber urges caution in adopting T+2
"SEBI would have to take precautions regarding electronic fund transfer in the banking industry before it begins to implement T+2 and T+1." More

DERIVATIVES MARKETS

Infosys puts for profits?
THE following are some buy/sell strategies based on Wednesday's trading at the NSE: Equity options: Calls on Infosys ended lower, with the July 3400 calls clocking the highest volumes on the stock. The immediate outlook on Infosys ... More

FOREIGN INSTITUTIONAL INVESTORS

FIIs' stake in Apollo Hospitals falls
DID foreign institutional investors (FIIs) holding shares in Apollo Hospitals Enterprise time their exit well? It appears so, if the statistics on the shareholding pattern provided by the Bombay Stock Exchange are read with the price patterns in ... More

COMMENTARY

Good time for watch stocks; techs take a beating
THE market on Wednesday ended on a negative note, trading in a narrow band for the second straight day. Technology stocks tumbled on sustained weakness in the tech-laced Nasdaq. While select blue chips remained firm, most others lost grip and ... More

Stock Quotes
SE Diary

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