Financial Daily from THE HINDU group of publications
Wednesday, September 18, 2002
Markets (Sept. 17)
BL 2501055.37 (+4.48)
BSE Sensex3103.90 (+27.89)
S&P CNX Nifty994.90 (+9.15)
Dollar (Buy/Sell)48.38/48.51
Gold Std (10 gm)5200 (-5)

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MARKETS

MUTUAL FUNDS


UTI split: The untold story
Shaji Vikraman narrates the drama of the backroom calculations before the announcement that the Unit Trust of India would be split into two. More

TECHNICAL ANALYSIS


Bulls prevail
BULLS were in total command of Tuesday's trading. Their dominance resulted in reducing the bear count by a considerable margin. Bears were unable to make any impact during the day's trading. The sentiment reading of the tradable counters stands ... More

STOCK EXCHANGES


Nifty becomes more tech heavy
THE weight of the information technology (IT) sector in the key benchmark index, the S& P CNX Nifty is set to go up by two percentage points. This follows the inclusion of HCL Technologies in the basket of 50 stocks. This is second sharp spike ... More

STOCK MARKETS


Block deal lifts Nalco stock
NALCO was in the limelight on Tuesday with a block deal in the counter. The quantum of the deal was about three lakh shares and the deal went through in two tranches; one for two lakh and the second, for one lakh shares. Analysts say that ... More

DERIVATIVES MARKETS


Satyam: Long futures, long puts may pay
THE following are some buy/sell strategies based on Tuesday's trading in the derivatives segment at the NSE: Equity options Satyam: The immediate outlook on this stock appears positive. The price projection on the upside is Rs ... More

COMMENTARY


Infotech-inspired rally pushes up market
AFTER the declivity on Monday, the BSE Sensex on Tuesday looked up. By the close of the trading on Tuesday, the market went up by 27.89 points, or 0.91 per cent. The market opened at 3078.16 and closed at 3103.90. Losers outnumbered gainers 11 to ... More

ECONOMIC OFFENCES


JPC to summon three former Finance Ministers
The Joint Parliamentary Committee (JPC) probing the stock scam has decided to summon for hearing next month, the Finance Minister, Mr Jaswant Singh and three former Finance Ministers, Mr Yashwant Sinha, Mr Manmohan Singh and Mr P. ... More
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In Depth
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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


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