Financial Daily from THE HINDU group of publications
Thursday, October 24, 2002
Markets (Oct. 23)
BL 2501023.44 (-4.57)
BSE Sensex2948.96 (-17.01)
S&P CNX Nifty957.35 (-5.15)
Dollar (Buy/Sell)48.35/48.48
Gold Std (10 gm)5160 (+20)

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50-mt rise in iron ore capacity needed in 10th Plan
THE installed capacity for iron ore will have to go up to 135 million tonnes (mt) from the existing 85 mt during the Tenth Plan period 2002-03 to 2006-07 for meeting an estimated demand of 122 mt for domestic consumption and exports taken ... More

MICROSCOPE


Bajaj Auto: Riding on Boxer, Pulsar success
TWO-wheeler major Bajaj Auto has come up with an improved financial performance for the first half of the current financial year. For the six-month period ended September 30, 2002, income from operations improved 21 per cent to Rs 2,385.88 crore ... More

Satyam Computer beats revenue targets
THE earnings performance of Satyam Computer Services (Satyam) for the second quarter ended September 30, 2002 has turned out to be a mixed one. In a challenging business environment, Satyam has exceeded the software revenues and operating profit ... More

SAY CHEEK


Is this the end of finance mystery?
THE announcement by Finance Minister Jaswant Singh to make the Budget-making process more transparent is as revolutionary as throwing open the orthodox temple doors in the 1920s to everybody. For, the North Block has always been a black box where ... More

EAR TO THE GROUND


Block deals in Indal
INDIAN Aluminium (Indal) witnessed huge block deals on the Bombay Stock Exchange (BSE) on Wednesday. Dealers said that most of the shares were bought by the Aditya Birla Group company, Hindalco. They added that Hindalco had been mopping up the ... More

ON THE HEDGE


Buy November 240 puts on Reliance Industries
THE following are some buy/sell strategies based on Wednesday's trading in the derivatives segment at the NSE: Equity options Reliance Industries: The outlook on the stock appears negative. The price projection on the downside ... More

SENSOR


Hind Lever, Reliance drag index further down
THE domestic market sentiment remained subdued during Wednesday's trading. The lack of positive market triggers coupled with a weak trend in market heavyweight Hindustan Lever pulled down the key market indices. The Sensex recorded a 17.01-point ... More
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