The Hindu Business Line : Thursday, September 12, 2002

UTI-II sell-off by mid-2003 likely
THE Finance Ministry expects the privatisation of UTI-II comprising all the net asset value-based schemes including units of US-64 issued after January 2002 to be completed by the middle of next year. "A time-frame of three months has been set ... More

Franklin to launch portfolio scheme by next quarter
FRANKLIN Templeton Investments has lined up a portfolio management scheme (PMS) that will offer customised solutions for high net worth investors. The PMS, to be positioned in the market as a branded product, will enable each client to choose ... More

UTI launching new income scheme today
AFTER a gap of more than a year, Unit Trust of India (UTI) is launching a new scheme on Thursday. The country's largest mutual fund is launching an open-end, debt-oriented scheme — Regular Income Scheme (RIS) — on September 12. The ... More

Mastershare-86 book closure
MUMBAI: Unit Trust of India has informed the BSE that the books of Mutual Fund (Subsidiary) Unit Scheme 1986 (Mastershare-86) will remain closed from October 12 to 15 (both days inclusive) for the purpose of updating of records and to ... More

TECHNICAL ANALYSIS

Restricted movement
WEDNESDAY's trading activity witnessed restricted movement. However, bulls managed to gain from the day's trading. The sentiment reading of the tradable counters stands neutral. Bull domination on Thursday is likely to change the sentiment ... More

STOCK EXCHANGES

Nasdaq India move on new trading platform
NASDAQ is on a drive in India to enable the local market to get acquainted with its new trading platform, SuperMontage. The system, aimed at better order display and execution, is expected to be convenient for trading in all Nasdaq-listed ... More

STOCK MARKETS

Mastek rises on bonus talk
MASTEK has been in the limelight over the last few days. The talk in the market is that the company is likely to come out with a bonus issue shortly. Dealers said the main factor prompting bonus issue talks is the huge reserves of the company ... More

Strong fundamentals behind Infosys' surge
IN the midst of concern over the slowdown in the technology sector, index heavyweight Infosys Technologies has gained over 20 per cent in the last one month on market expectation of good revenue growth in the next few quarters. Since the ... More

`Strategic' booster keeps Cipla in good health
AFTER a lull, the Mumbai-based pharmaceutical major Cipla seems to have gained the attention of investors including funds. The interest in the stock, analysts believe, was on account of the future strategy outlined at the latest annual general ... More

DERIVATIVES MARKETS

Positive outlook on Tata Engg
THE following are some buy/sell strategies based on Wednesday's trading in the derivatives segment at the NSE: Equity options Tata Engg: The outlook on this stock appears positive. The immediate price projection on the upside is ... More

COMMENTARY

IT stocks gain in cautious deals; Wipro down
AFTER the bear hammering on the bourses on Monday, the sentiment improved marginally in Wednesday's trading session. Information technology stocks continued to find takers and stocks of public sector undertakings were still languishing at much ... More

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UTI-II sell-off by mid-2003 likely

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