The Hindu Business Line : Monday, September 16, 2002

PSUs' downfall affects NAVs
THE Government's decision to interrupt the process of disinvestment, however temporarily, has clearly taken a toll on sentiments prevailing on the stock market. A number of PSU shares came off their prevailing levels, hurting investors all ... More

STOCK MARKETS

Check on insider trading — SEBI to go easy on definition of `relative'
THE SEBI Board has decided to relax the meaning of the term `relative' in the Insider Trading Regulations. Only direct relatives of those who are deemed to have price-sensitive insider information on securities will now come under the ambit of ... More

Lupin: Adverse effect
THE National Pharmaceutical Pricing Authority (NPPA) reduced the price of anti-TB medicines last week. The NPPA's decision had an adverse impact on Lupin Laboratories, a dominant player in the market for anti-TB medicines. Lupin's share price ... More

INTERVIEW

`Investment opportunities limited for MNC funds' — Mr Paras Adenwala, Fund Manager, Birla MNC Fund
At the end of the day there are just good MNCs and bad MNCs, just like you have good apples and bad apples in a fruit basket. The market will listen when you come out with good results consistently over a period of time or try to unlock value for inv estors in a serious manner. This is true for MNCs as well. More

COMMENTARY

Market may droop further
Seasoned market players feel that there may be churning of portfolios in favour of select pharma, IT, cement, steel, auto and bank stocks. However, eyes are likely to be glued on the fundamentals of the individual stocks. More

Wipro closes firm
A couple of lowered profit forecasts from Lucent Technologies Inc and Honeywell International, expectation of a possible US attack on Iraq and a weakening economy seemed to have affected the sentiment at the US bourses during the week gone by. ... More

Stock Quotes
SE Diary

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`We will bid for SCI at realistic levels' — Mr Sashikant Ruia, Chairman of Essar group

Ghee prices harden on higher edible oil prices

`Nasscom going all-out to crack down on piracy'

`India not geared for export industries' — Mr M. Arunachalam, Chairman, Indian Chamber of Commerce, Hong Kong

`Airports privatisation awaiting Cabinet nod'

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Sep. 8-Sep. 14
`UTI package sends positive signal to industry' — Mr A.P. Kurian, Chairman, Association of Mutual Funds of India

UTI-II sell-off by mid-2003 likely