Financial Daily from THE HINDU group of publications
Thursday, September 05, 2002
Markets (Sept. 4)
BL 2501095.33 (+4.95)
BSE Sensex3173.35 (+13.58)
S&P CNX Nifty1006.95 (+5.85)
Dollar (Buy/Sell)48.41/48.54
Gold Std (10 gm)5160

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MARKETS

OPEN OFFERS


Breach of open offer norms in Sterlite acceptance alleged
A NUMBER of Kolkata-based investors have pointed to what they say is violation of open offer norms by Sterlite Opportunities and Ventures Ltd, SBI Capital Markets and Sharepro Services in the recent cash offer made by Sterlite for acquiring ... More

MUTUAL FUNDS


Templeton plans to launch International Bond Fund
TEMPLETON Asset Management (India) is planning to come up with an International Bond Fund which would invest into its $10 billion Franklin US Government Fund. Addressing presspersons, Mr Rajiv Vij, Regional Head, India and Middle-East, said ... More

TECHNICAL ANALYSIS


Bear-run arrested
BEARS exerted further pressure during the initial hours of Wednesday's trading. Later on, bulls made a comeback and wiped out their early losses. Bulls managed to gain marginally from the day's trading. However, the sentiment reading of the ... More

STOCK MARKETS


VSNL scrip touches a new low on BSE
THE share price of Videsh Sanchar Nigam Ltd today touched a new low, at Rs 107.15 on the Bombay Stock Exchange before closing at Rs 113.15 per share. The scrip's 52-week low is Rs 111. Reports indicating a possible merger of the public sector ... More

BSE lists out 500 `unknown' cos
EVEN as the Securities and Exchange Board of India (SEBI) is busy tracing out and taking action against vanishing companies, the Bombay Stock Exchange (BSE) has identified a new category of `unknown companies' with over 500 firms in the ... More

Recovery to lift interest in GTB?
THERE are talks that Global Trust Bank, which was in the midst of crisis last year due to the stock market scam, is believed to have recovered around Rs 150-200 crore from the stockbrokers; the bank had large exposure to stock brokers before the ... More

DERIVATIVES MARKETS


Buy BPCL Sept 280 calls
THE following are some buy/sell strategies based on Wednesday's trading in the derivatives segment at the NSE: Equity options BPCL: The outlook on BPCL appears positive. The price projection on the upside is Rs 289, and that on ... More

INVESTOR GRIEVANCES


Shirpur Gold minority shareholders move SEBI
A group of minority shareholders of Shirpur Gold Refiners Ltd (formerly Agee Gold Refiners Ltd) have filed a complaint with the Securities and Exchange Board of India (SEBI) alleging that the company has violated the takeover code on at least ... More

COMMENTARY


Reliance, MTNL end firm; techs overcome initial hiccups
INDEX heavyweights Reliance, Reliance Petro and MTNL shored up the market on Wednesday, ensuring that it finished the day in positive territory, ignoring the weak closing on the Nasdaq on Tuesday that caused tech stocks to pull down ... More

IPOS


GKB Rx Lens IPO in near future
THE Rs 30-crore turnover GKB Rx Lens Pvt Ltd has decided "in principle'' to go public in the near future. Modalities are being worked out, according to Mr Lalit Gupta, Director (Marketing), of the company. In the run-up to the proposed ... More
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Top Stories
Realtors seek clear norms to lure FDI


EU ban on chloramphenicol residue — Exporters up the ante on seafood standards

BPO market is smaller than projected: Gartner

25 is `right age' to plan for retirement

Jaswant, Labour Minister to meet on EPF rate cut

Traditional goods drive exports up 21%

In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Aug. 25-Aug. 31
`Market to sit on debt till recovery seen in equities' — Mr K. Rajendra, Vice-President, Prudential ICICI MF

`SE boards must have equal numbers from all stakeholders'

SEBI proposes `corporate governance rating' soon — In touch with Crisil, ICRA

Kania panel for scrapping of regional SE concept


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