The Hindu Business Line : Tuesday, August 06, 2002

Mild bull domination
MONDAY'S trading activity witnessed mild bull domination. Bears were unable to make any impact during the day's trading. Bulls were successful in reducing the bear count by a considerable margin. The market sentiment reading of the tradable ... More

STOCK EXCHANGES

HSE arm set to acquire BSE card
BUOYED by huge trading volumes recorded through the NSE membership card during the last fiscal, the Hyderabad Stock Exchange (HSE) has initiated steps to acquire the membership card of Bombay Stock Exchange (BSE) also. Following the dwindling ... More

STOCK MARKETS

Rain drops enough to bring cheer to markets
WITH parts of the country receiving rainfall in the past two days, the stock markets reacted positively with the stock indices ending higher. Investors were, however, cautious of a weakened sentiment in the international markets casting a shadow ... More

Hindalco loses sheen on weak LME prices
HINDALCO Industries Ltd has declined 20 per cent since July this year. Analysts attribute this mainly to the falling international aluminium prices. The share price was also impacted recently on account of the likely loss the company would be ... More

BEL surges on US radar sale to Pakistan
STATE-owned defence equipment manufacturer Bharat Electronics Ltd.'s (BEL) shares closed higher on Monday tracking the US decision to sell close to $155 million worth radars to Pakistan, dealers said. The stocks closed at Rs. 184.35 on the ... More

Divesment boost to Punjab Comm
PUNJAB State Electronics Development & Production Corporations has invited for expression of interest from strategic investors in Punjab Communication and this has had a positive impact on the latter. Punjab Communication gained 11.61 per cent at ... More

DERIVATIVES MARKETS

Positive outlook on Tata Engg
THE following are some buy/sell strategies based on Monday's trading in the derivatives segment at the NSE: Equity options: The outlook on Satyam does not appear positive. The stock may find immediate support at Rs 180, and resistance at ... More

COMMENTARY

Weekend rains bring some cheer to market
UNMINDFUL of Friday's decline at the American markets, both BSE Sensex and NSE Nifty closed on a positive note on Monday. The Sensex in fact managed to edge above the psychological 3000-point mark. After opening on a firm note at 2996.89, the ... More

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