Financial Daily from THE HINDU group of publications
Wednesday, December 25, 2002
Markets (Dec. 24)
BL 2501120.72 (+6.80)
BSE Sensex3352.77 (+23.16)
S&P CNX Nifty1085 (+9)
Dollar (Buy/Sell)47.98/48.10
Gold Std (10 gm)5600 (+25)

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TELECOMMUNICATIONS


Xmas jingles from AirTel
BANGALORE: Subscribers to AirTel mobile phone service will hear the Christmas jingles on their hand sets. The subscribers can download the jingles after dialling 646 onto their handsets to choose from a variety of jingles. They can ... More

MUTUAL FUNDS


Guidelines for UTI-II sponsors on cards
THE Government will work out policy guidelines within the next few months to avoid a conflict of interest involving the sponsors of UTI-II who have promoted mutual funds earlier, according to senior Finance Ministry officials. The decision to ... More

TECHNICAL ANALYSIS


Bull domination
BULLS were in total command of the day's trading activity. Bears were unable to make any impact during the day's trading. The sentiment reading of the tradable counters stands bullish. Bear domination on Thursday is likely to change the ... More

STOCK MARKETS


Futures prospects lift second-rung IT scrips
EVEN as the appreciating rupee against the dollar is causing concern over the earnings of software companies, most of the second-rung IT stocks gained on the bourses today. The rise in the stock price was mainly on market talk that most of ... More

Tata Telecom gains on Avaya deal talk
THE Tata Telecom scrip is being accumulated by a section of the market over the last few days. Some informed buying was also seen on Tuesday. Dealers said the buying was on rumours that US-based multinational Avaya might pick up additional ... More

COMMENTARY


Buying interest in pivotals lifts Sensex
AFTER the declivity on Monday, the benchmark BSE Sensex closed higher on Tuesday. The buying activity, witnessed by the counters of key index heavy weights such as Infosys Technologies, Hindustan Lever and Reliance Industries, ... More

IPOS


Divi's Labs plans IPO to fund expansion
DIVI'S Laboratories Ltd (DIL), the Hyderabad-based Rs 220-crore generic active pharmaceutical ingredients (APIs) and intermediates manufacturer, plans to tap the capital market with an initial public offer (IPO) shortly to raise funds needed for ... More
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