The Hindu Business Line : Tuesday, July 23, 2002

Steep decline
BEARS were in total command of Monday's trading. Their dominance left the bulls with no opportunity to recover. Stock prices across the board fell steeply. None of the counters in the tradable list is in the uptrend. The sentiment reading of the ... More

STOCK EXCHANGES

Special margin on 159 stocks
THE Bombay Stock Exchange has imposed a special margin on 159 scrips from Monday. The rates of special margins have been revised keeping in view the closing price of the scrip on the last day of the settlement. Special margins will be imposed on ... More

STOCK MARKETS

Stocks take an all-round battering
THE wave of negative sentiment sweeping across world equity markets in the wake of the mayhem in corporate America, battered Indian stocks too with the 30-share BSE Sensex losing 77 points on the opening day of the week. The bearish sentiment ... More

Nova Nordisk move affects Dr Reddy's
THE suspension of further clinical development of Dr Reddy's Laboratories' anti-diabetes molecule by the Swedish pharma major Novo Nordisk caused a steep fall in the company's stock today. However, analysts put the fall to a sentimental reaction ... More

Nalco firm on active bidding hopes
AFTER the restructuring of Aditya Birla Group companies — Hindalco and Indo Gulf Corporation — the bidding process for National Aluminium (Nalco) is expected to be very aggressive, feel market players. This was also seen from the ... More

Chambal Fert remains subdued
THE Chambal Fertilisers & Chemicals stock, which is on a downward journey from its recent peak, today closed with a loss of around 2.19 per cent at Rs 13.40 and over 8 lakh shares changed hands on the Bombay Stock Exchange and the National Stock ... More

ICICI Bank sells in Bhushan Steel

DERIVATIVES MARKETS

Upside in Satyam is limited
THE following are some buy/sell strategies based on Monday's trading in the derivatives segment at the NSE: Equity options: The immediate outlook on Satyam is positive. On the upside, the stock may find resistance at Rs 230 levels. On ... More

COMMENTARY

Aluminium stocks the only silver lining — Earnings outlook pulls down Infotech Enterprises
A focus on negative developments soured sentiment at the bourses and stock prices recorded a significant fall on Monday. Jittery world markets, continuing decline in topline of Hindustan Lever and the suspension of clinical trials of a drug under ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Top Stories
Dollar: Still the king?

DD leads viewership sweepstakes — Tops among all homes nationwide, but lowest in C&S

UTI, small savings and financial crisis

ICRA to wave `ethical wand' at corporates

Re closes at 4½-month high

PC sales up 5.8 pc in Q2 `on consumer purchases'

Gold higher on dollar slump

Core industries post 5.7 growth in Q1

In Depth
Gender Justice

Simple Economics

Guide to derivatives

Looking back
Jul. 14-Jul. 20
`Market recovery by Sept likely' — Mr Krishnamurthy Vijayan, CEO, JM Capital

Sify may be out of Nasdaq listing soon

NSE plans index product mirroring market swings

Equity yields lower: CMIE