The Hindu Business Line : Wednesday, July 31, 2002

Steel majors top NPA list of UTI
MAJOR steel companies account for a bulk of the gross non-performing assets (NPAs) of the Unit Trust of India (UTI), which was Rs 6,624.37 crore at the end of March 31, 2002. The troubled financial institution, IFCI, is also in the list of ... More

Rs 500-cr bail-out for UTI in first supplementary
THE Government on Tuesday provided a Rs 500-crore bail-out for the Unit Trust of India (UTI) to enable the country's largest mutual fund meet the shortfall between the assured repurchase price and net asset value (NAV) of the US-64 scheme. The ... More

TECHNICAL ANALYSIS

Bears regain control
BULLS were in control of the initial hours of Tuesday's trading. Later on, bears took over and were in total command of the day's proceedings. The sentiment reading of the tradable counters continues to remain bearish. Irrespective of bull or ... More

STOCK EXCHANGES

FI support sought for Lyons Range
A FEW weeks after their first meeting with the SEBI chief, stockbrokers in Kolkata are trying to revive their proposals before the market regulator. This time, their attempt is woven around a dominant theme: Large institutions should conduct ... More

STOCK MARKETS

Pressure on revenue margins trips VSNL
THE share price of international long distance (ILD) service provider VSNL has fallen over 20 per cent in the last week in anticipation of fall in revenues over the next few quarters. The recently-privatised ILD major, now part of Tata group, has ... More

Novartis sees activity on rumours of P&G talks
HAS the Novartis India stock missed yet another opportunity for a trend reversal? It closed weaker today on the Bombay Stock Exchange and the National Stock Exchange in the keeping with drop in overall sentiment. According to market players ... More

Widia India open offer at Rs 75?
WIDIA India was in the limelight on Tuesday. According to dealers, the market talk is that an open offer will be at a price of about Rs 75 per share for the minority shareholders. Recently, it was reported that Meturit AG, the foreign promoter of ... More

DERIVATIVES MARKETS

Buy puts on price upticks
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 stock is unlikely to consolidate on the upside. ... More

ASSET MANAGEMENT COMPANIES

100 pc Govt-owned AMC proposed
THE Government is considering setting up a fully owned Asset Management Company (AMC) to which the equity of all State-owned companies will be transferred. The proposal to set up the 100 per cent AMC, which will hold the Government equity in ... More

COMMENTARY

Infosys sneaks through when others fall
AFTER staging a fleeting recovery on Monday's trading, the BSE Sensex, not only breached the psychological low of 3000 points, but also stayed below that level during the day's trading. The BSE Sensex closed at 2990.91 points, a sharp decline of ... More

Stock Quotes
SE Diary

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

Top Stories
Rubber from sunflower!

How Indigo Nation engineered a Kumble makeover

Sugarcane SMP fixed at Rs 64.50 per quintal

Insurers putting away Janata cover

Deadline for I-T returns extended till August 9

The more unhealthy, the merrier

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Jul. 21-Jul. 27
JPC favours more teeth to SEBI — Pulls up watchdog for poor track record

HLL market cap falls Rs 1,600 cr — Analysts lower sights on poor monsoon