Financial Daily from THE HINDU group of publications
Wednesday, November 06, 2002
Markets (Nov. 5)
BL 2501036.55 (+4.90)
BSE Sensex2982.39 (-5.19)
S&P CNX Nifty962.30 (+0.2)
Dollar (Buy/Sell)48.28/48.41

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OFFHAND


Enthusing voters
A facetious piece titled "For Turnout Turnabout'' by the New York Times columnist, Mr William Safire, is a healthy reminder that voter behaviour in both the US and India have remarkable similarities. The number of voters turning up at the ... More

REFLECTIONS


When Utsav calls
Lachman Singh's pride, Utsav Singh, stumbles along holding on to cots and chairs. Vidya and Ganesh brought down from the shelves the wooden dolls and playthings while the chubby lady fell for a brown and violet, wooden top which spun on its axis for a minute at one go; she never allowed the toy a full spin. Next was the monkey carved out of a dry coconut with two marbles for eyes. Fascinated, Utsav tried hard to pluck the eyes out and failed; but in two days of play, Ustav defaced the monkey. More

DETAXFICATION


Matador & the bleeding bull
FOR those who thought that there was already too much of Income-Tax Department everywhere, Kelkar may come as a surprise. His report says that the department should expand "qualitatively and quantitatively." Quality? Yes, the idea is to put in ... More

ON MINT STREET


One for the poor, please
TOP nationalised and private banks are setting up new homes at the Bandra-Kurla Complex (BanKex). ICICI Bank, Bank of Baroda, Unit Trust, and ILFS have been the first movers into daunting glass and cement structures while others like Bank of ... More

ALL LAW


Delay in warehoused goods can be risky
WELL, 24 per cent interest rate is not for deposits, but would apply to warehoused goods, as per Customs law. Section 61 of the Customs Act deals with period for which goods may remain warehoused. Where any warehoused goods remain in a warehouse ... More

EAR TO THE GROUND


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

ON THE HEDGE


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

SENSOR


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
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