Financial Daily from THE HINDU group of publications
Friday, September 06, 2002
Markets (Sept. 5)
BL 2501096.66 (+1.33)
BSE Sensex3181.47 (+8.12)
S&P CNX Nifty1008.60 (+1.65)
Dollar (Buy/Sell)48.44/48.57
Gold Std (10 gm)5200 (+40)

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OFFHAND


Fossilised professionals
WHILE we are quick to berate our political masters for taking the country downhill, we are much too indulgent to the bureaucratic and professional classes (both have nowadays become indistinguishable!) who are often the cause of much that goes ... More

SLOWBURN


Enron, star-struck
Enron's stars were paid to think outside the box. No one figured out that if everyone was thinking outside the box, then the box itself needed fixing. In cases such as Enron and WorldCom, the box just collapsed under its Star system. More

SAY CHEEK


Unknown fears
WE always move from the `known' to the `unknown', philosophers say. But there are problems when we are faced with the `unknown' too abruptly, like a pothole in a street bend. Which is why Bombay Stock Exchange's confession that there are more ... More

INDIA INTERIOR


Weaving a magic with Paithanis
AT 10 a.m. Dwarakabai Chintamani is the first of the 100 to 150 women labour force to be at her loom to weave Paithani sarees at the Government-owned weaving centre at Paithan village, Aurangabad district. In an ordinary green saree with a ... More

`Reversible' palloo
The border and the `reversible' palloo are the defining features of an original Paithani saree. The unique fact about the palloo is it is `reversible' with the same design seen on both sides. More

EAR TO THE GROUND


Nestle at new high on parent buying
NESTLE India touched a new 52-week high on Thursday on active buying from the Swiss parent — Nestle SA. Trading volumes in the counter increased sharply. The stock touched 52-week high at Rs 575 before closing at Rs 571.20, up 2.02 per cent ... More

ON THE HEDGE


Reliance Sept 260 puts: Risky but profitable?
THE following are some buy/sell strategies based on Thursday's trading in the derivatives segment at the NSE: Equity options Reliance Industries: The outlook on this stock appears negative. The immediate price projection on the ... More

SENSOR


Infosys gain keeps markets in positive territory
THE market closed with the benchmark index, the BSE Sensex at 3,181.47 on Thursday, representing a gain of 8.12 points, even as key index stocks such as Reliance, Reliance Petro and MTNL, all of which were responsible for holding up ... More
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Weaving a magic with Paithanis

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