The Hindu Business Line : Wednesday, November 06, 2002

Restricted movement
TUESDAY'S market movement stands restricted. Neither bulls nor bears could gain much from the days activity. However, the sentiment reading of the tradable counters stands neutral. Bull domination on Thursday is likely to turn the sentiment ... More

STOCK MARKETS

L&T rises above open offer price
THE stock price of engineering and construction conglomerate, Larsen & Toubro (L&T) today gained by almost two per cent on the bourses, moving beyond the Rs 190-per share price set by Grasim Industries for its open offer for an additional 20 per ... More

Promoters propping up HCL Tech?
AFTER nearly seven per cent fall since the announcement of its financial performance on October 22, HCL Technologies on Tuesday witnessed some buying interest. Dealers, however, suggested that investors close to the company's management were ... More

Union Bank sees good volumes
THE recently-listed Union Bank of India has been attracting heavy volumes on the major bourses. On Tuesday, the counter witnessed combined volumes (on the Bombay Stock Exchange and the National Stock Exchange) of 22.44 lakh shares. The stock ... More

Special margin on 44 scrips
CHENNAI: The BSE has imposed a special margin on 44 scrips from Monday. The rates of special margins have been revised keeping in view the closing price of the scrip on the last day of the settlement, the BSE said. Special margins will be ... More

DERIVATIVES MARKETS

Buy Nov 950 Nifty calls
THE following are some buy/sell strategies based on Tuesday's trading in the derivatives segment at the NSE: Equity options: Infosys: The outlook on this stock appears positive. The upside price projection is Rs 4200, while the ... More

FOREIGN INSTITUTIONAL INVESTORS

Satyam Computer attracts FII interest
THE stock of frontline tech company Satyam Computer attracted considerable interest on the bourses today, recording significant volumes in a relatively flat market, and ending among the top gainers at the day's close. According market watchers, ... More

COMMENTARY

IT, cement stocks in limelight; PSUs tumble
TECHNOLOGY stocks stayed firm on a day marked by all-round decline in prices. Among the sector indices of BSE, BSE TecK and BSE IT finished in positive territory. The stocks of public sector companies were the worst performers as reports of delay ... More

ECONOMIC OFFENCES

Daga `received' probe report from SHCIL vigilance officer
MR BRIJ Gopal Daga, MD of Central Depository Services (India) Ltd, has sought to distance himself from the affidavit filed by Mr M. Ramesh, the former vigilance officer of Stock Holding Corporation of India Ltd, who conducted a probe into matters ... More

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