Financial Daily from THE HINDU group of publications
Thursday, October 10, 2002
Markets (Oct. 9)
BL 2501019.30 (-6.13)
BSE Sensex2956.89 (-16.46)
S&P CNX Nifty954.75 (-6.05)
Dollar (Buy/Sell)48.29/48.41
Gold Std (10 gm)5240 (-30)

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TECHNICAL ANALYSIS


Bear domination
BEARS were in control of Wednesday's trading activity thereby, terminating the two-day long bull-run. Bulls were left with no opportunity to recoup their day's losses. The sentiment reading of the tradable counters stands neutral. More

STOCK EXCHANGES


IndusInd Bank official deposes in CSE case
AN IndusInd Bank official deposed before the Kolkata police on Wednesday for the first time, marking a new chapter in the ongoing investigation into the affairs of the Calcutta Stock Exchange (CSE). The police have also tried to bring CSE (the ... More

STOCK MARKETS


VSF sales to rescue Grasim results
VISCOSE Staple Fibre (VSF) is expected to rescue Grasim results in the second quarter. This is because of higher VSF sales volume around 52,000 tonnes. The company is likely to report profit before tax (PBT) of around Rs 125 crore as ... More

Funds active in auto stocks
SHARE prices of major two-wheeler companies shored up on Wednesday on account of buying interest from institutions, mainly mutual funds. The counters that showed good activity today included Bajaj Auto, LML, Hero Honda and TVS. Hero Honda, last ... More

DSQ plummets
KOLKATA: The controversy over DSQ Software, once a prized stock in the IT domain and chased by operators, has taken a toll on its price on Lyons Range. That the stock was fast going out of favour was evident from Tuesday's trading. DSQ ... More

Tech stocks fall on profit-booking
THE pre-result rally witnessed in technology counters for the past two days seems to have been stemmed today as the stocks came under selling pressure. According to market watchers, the fall across the board in tech stocks was primarily due to ... More

REGULATORY BODIES & RULINGS


SEBI to introduce straight through processing
AS an initial step to go in for electronic processing and fast settlement of trades in securities, the Securities Exchanges Board of India (SEBI) has decided to introduce straight through processing (STP) from December 2. This is as per the ... More

COMMENTARY


Two-wheeler stocks have a good ride
SELLING in technology stocks, ahead of the declaration of results of technology major Infosys Technologies on Wednesday, saw the benchmark BSE Sensex decline by 16.46 points as it ended at 2956.89 points, snapping a two-session rise in the ... More
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