The Hindu Business Line : Tuesday, December 24, 2002

UTI recovers part of unrealised assets — Proceeds to go to MIP-95 holders
The Trust has also managed to distribute the recovery proceeds to the unit holders concerned on a proportionate basis. The distribution, UTI has stated, has been possible because of its "vigorous efforts'' directed towards recovery. More

Free life cover for new K Bond investors
The fund will give free life insurance cover to all investors purchasing units of K Bond Deposit Plan up to March 31, 2003 without additional cost. More

UTI panel to study JPC report
THE Unit Trust of India has constituted a sub-committee of the board of directors to study the report of the Joint Parliamentary Committee (JPC) that has rapped its management (along with the Finance Ministry and SEBI) for failure to be "more ... More

TECHNICAL ANALYSIS

Sideways movement
MONDAY's trading activity witnessed narrow movement. For the third successive trading day, the prices of the tradable counters moved within a close range. Neither the bulls nor the bears could gain from the day's trading. More

STOCK MARKETS

Fund buying lifts i-flex
ON a day when most of the software stocks closed lower, i-flex Solutions touched a new high. It touched new 52-week high at Rs 795 and closed at Rs 789.55, up 4.23 per cent from the previous closing on BSE with volume of 39,992 shares. On ... More

Select pharma scrips advance; market range-bound
IN yet another day of lacklustre trade on Monday, the benchmark BSE Sensex remained range-bound as it ended the day lower by 7.61 points to close at 3,329.61 points. The Nifty shed 3.30 points to settle at 1,076 points. More

Canara Bank debuts at 40 pc premium
SHARES of Canara Bank were quoted at 49.15, a premium of 40 per cent over the issue price of Rs 35, today, the first day of trading. According to analysts, the recent rally in bank stocks had a positive impact on the shares of Bangalore-based ... More

DERIVATIVES MARKETS

Derivatives overtake cash market on NSE
FOR the first time in the two-and-half-year-old history of derivatives trading in the country, the volume in the derivatives segment of the National Stock Exchange today overtook that of the cash market. The total volume on NSE's derivatives ... More

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