Financial Daily from THE HINDU group of publications
Saturday, August 10, 2002
Markets (Aug. 9)
BL 2501052.69 (+7.14)
BSE Sensex2976.34 (+26.25)
S&P CNX Nifty961.95 (+8.40)
Dollar (Buy/Sell)48.61/48.74
Gold Std (10 gm)5135 (-35)

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MARKETS

TECHNICAL ANALYSIS


Bear run arrested
BULLS gained control over Friday's trading activity. Their dominance restricted the bears from making further gains during the day's trading. However, the sentiment reading of the tradable counters remains bearish. Bull domination on Monday is ... More

STOCK MARKETS


VSNL chief talks the stock up
VSNL recovered in the last hour of the trading session on Friday on the National Stock Exchange and the Bombay Stock Exchange and closed with a gain of around 2 per cent. According to NSE dealers, the recovery came around 3.15 pm from a level ... More

HCL Tech slide halted
THE continuous fall in the share price of HCL Technologies in the last few days came to a halt on Friday. The stock gained 2.92 per cent at Rs 179.50 on the BSE with volumes of 4.74 lakh shares. On the NSE, the stock gained 2.85 per cent at Rs ... More

DERIVATIVES MARKETS


Positive outlook for L&T
THE following are some buy/sell strategies based on Friday's trading in the derivatives segment at the NSE: Equity options: The immediate outlook on Satyam appears positive. Buying calls to profit from the positive outlook may not be, ... More

FOREIGN INSTITUTIONAL INVESTORS


FII limit in HFCL hiked to 49 pc
MUMBAI: The Reserve Bank of India has said that FIIs can now purchase equity shares and convertible debentures of Himachal Futuristic Communications Ltd, up to 49 per cent of its paid-up capital through primary and secondary markets in ... More

COMMENTARY


Markets finish on firm note as techs sizzle
THE last day of the trading week witnessed a good bout of optimism, narrowing down the losses for the entire week. Bulls wrested control of the trading session and sentiment turned positive after tech stocks were picked up at bargains. On the ... More
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