Financial Daily from THE HINDU group of publications
Tuesday, December 10, 2002
Markets (Dec. 09)
BL 2501109.09 (-15.56)
BSE Sensex3269.31 (-36.98)
S&P CNX Nifty1058.65 (-11.15)
Dollar (Buy/Sell)48.16/48.29
Gold Std (10 gm)5320 (+20)

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All bets on a weak dollar
It is to be weaker dollar, for the US itself does not have the luxury of choosing to live with the currency at current levels. It would push the current account deficit to unprecedented levels, with unpredictable consequences, besides contributing to lower economic growth. Try as they might, Asian central banks cannot prevent the inevitable weakness of the dollar, says V. Anantha-Nageswaran. More

EAR TO THE GROUND


Nokia interest in Hughes Soft
HUGHES Software saw heavy buying interest. The market talk is that a venture capital firm, promoted by international telecom major Nokia is buying heavily into the stock. Active buying by this VC has led to a gain over 10 per cent in the price ... More

ON THE HEDGE


Strategy for extreme events: Buy Satyam, ACC Jan puts
THE following strategies on Satyam and ACC are based on Monday's trading in the derivatives segment at the NSE. The recommended strategies on both stocks are structured for a high payoff extreme event. This means that the returns on the ... More

SENSOR


Shourie statement punctures rally
EQUITIES slid on Monday when the Disinvestment Minister's announcement on the progress of the divestment exercise failed to meet investors' expectations. Following the slide during the course of the day, the BSE Sensitive Index closed lower by ... More
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Top Stories
Kerala tops tourism growth rate worldwide


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Terror risk pool corpus may expand by Rs 100 cr

Interconnect issue worries Tata Tele

P-greetings keep pace

ICICI Bank to sell gold coins

Stagnant consumption worries fertiliser industry

In Focus
Inside China

Gujarat Elections
In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Dec. 1-Dec. 7
GE Shipping hoots past SCI disinvestment


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