Financial Daily from THE HINDU group of publications
Wednesday, November 27, 2002
Markets (Nov. 26)
BL 2501080.51 (+7.87)
BSE Sensex3187.76 (+12.20)
S&P CNX Nifty1036.15 (+9.95)
Dollar (Buy/Sell)48.16/48.29
Gold Std (10 gm)5210 (-35)

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OFFHAND


Healing touch
FOLLOWING the dastardly attack by fidayeens, obviously instigated by Pakistan-based Lashkar-e-Taiba, on the Raghunath Temple and Shivalaya Mandir in Jammu, the leading lights of the BJP have begun turning the heat on the Chief Minister of ... More

FINANCIAL SCAN


Low interest rates not spurring new investment
THE bond rush continues. Yields on the benchmark ten-year Government securities fell as low as 6.4 per cent last week. With this, they have dropped more than 60 basis points in just three weeks after the mid-term credit policy in end-October ... More

REFLECTIONS


Killing fields
LAUGHTER was in the air and came over the fields of spinach and radish. But none could be seen as a swathe of mist blanked earth and air as if Nature had put on a freshly laundered white dhoti and kurta for a Sunday outing. For a ... More

ON MINT STREET


Will early alert system cure the NPA malady?
THE RBI has put in place an early alert system and special mention accounts for banks to battle growing NPAs. Gross NPAs of 27 public sector banks as of March 31, 2002 are put at Rs 56,506.7 crore, of which NPAs of the non-priority sector come to ... More

EAR TO THE GROUND


Indigo drives up Tata Engg
TATA Engineering stock has been in demand during the last few days. On Tuesday the stock touched a new 52-week high. The price rise has been attributed to two factors. First, the company's plan to launch a new car `Indigo' in January next year ... More

ON THE HEDGE


Infosys: Outlook negative, buy December 4600 puts
THE following are some buy/sell strategies based on Tuesday's trading in the derivatives segment at the NSE: Equity options: The outlook on Infosys appears negative. The downside projection is Rs 4295, while the upside projection is Rs ... More

SENSOR


Gains in Reliance, HLL keep market buoyant
THE benchmark BSE Sensex, for the eighth consecutive day, went up on Tuesday closing at a four-month high. Despite the selling pressure witnessed by the key tech stocks such as Infosys Technologies, indices were up backed by buying interest in ... More
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