Financial Daily from THE HINDU group of publications
Wednesday, July 24, 2002
Markets (July 23)
BL 2501112.43 (+14.57)
BSE Sensex3176.93 (+23.59)
S&P CNX Nifty1021.90 (+9.90)
Dollar (Buy/Sell)48.64/48.77
Gold Std (10 gm)5280 (-30)

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OFFHAND


Smelling rats!
THE new Finance Minister, Mr Jaswant Singh, reportedly smelt a rat the moment he entered his spacious office. The Central PWD officials who dismantled the wooden panel on his orders were rewarded with not one, but two stinking dead rats. Mr ... More

FINANCIAL SCAN


Corporate malfeasance cowers markets
CLEARLY, it is a crisis of confidence. Mr Alan Greenspan, the Chairman of the US Federal Reserve, said as much in his testimony to the US Senate and Congress last week. Mr Greenspan's theme was simple: the economy is on track but business and ... More

REFLECTIONS


21st century FM freak
GANDHIJI was tapping the ground with his walking stick and swaying a bit on his feet listening to Radio Mirchi on FM. To his fan-like ears were plugged earphones wire-linked to a pencil-shaped, white coloured radio pinned to his white ... More

ON MINT STREET


PSU banks may be under Govt clutches for a while
PUBLIC sector banks may not be free entities even after the Government brings down its stake to 33 per cent as proposed in amendments to banking Bills. A glimpse into the working of the mind of the Government is available from a report of the ... More

EAR TO THE GROUND


Heavy trading in HDFC Bank
A large number of shares was traded on Tuesday in an otherwise quiet HDFC Bank counter. A block deal of over 84 lakh shares were traded in the counter on the BSE. Market sources said that J.P. Morgan & Chase had sold the chunk of shares to ... More

ON THE HEDGE


Buy Infy puts on stock price uptick
THE following are some buy/sell strategies based on Tuesday's trading in the derivatives segment at the NSE: Equity options: The immediate outlook on Infosys appears positive, but the upside from the current levels is limited. If you can ... More

SENSOR


Vesuvius vaults along with mid cap stocks
TAKING a cue from other Asian markets, stock prices in India too moved higher on Tuesday. Stocks had received a battering on Monday and had closed lower on the last day of the previous week as well. On the BSE, the Sensex closed with a 0.75 per ... More
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Top Stories
El Nino flies in face of Kerala experience


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UTI Bank told to probe failed merger with GTB

Basmati exports to EU face roadblocks

JPC favours more teeth to SEBI — Pulls up watchdog for poor track record

UCO Bank finalising wilful defaulters list

New Railway zones — Setback to reforms and efficiency

In Depth
Gender Justice
Simple Economics
Guide to derivatives
Looking back
Jul. 14-Jul. 20
New rly zone controversy shifts to more tracks

Private banks beware, big brother is watching

Osteopathy, the healing touch

Spectre of drought — Projected growth rates for 2002-03

Banks likely to resume power sector funding


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