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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OFFHAND


One too many!
I AM at a loss to figure out exactly how to react to the opening of the Chennai chapter of the Observer Research Foundation (ORF) on December 19. Its aims and objects encompass familiar, if not stale, terrain. It aspires to "build partnerships ... More

FINANCIAL SCAN


2003: Stock-friendly, bond unfriendly?
AS 2002 comes to a close, the question that naturally comes to mind is what's in store in 2003. Clearly, 2002 was designed for the most conservative among investors — those who do not venture into equities at all and stick only to fixed ... More

REFLECTIONS


Breathing poetry amid the bustle
"A lonely, loony moon/sat on an empty park bench/mooning, / shunned by science, god and Muktibodh;/ science found dark empty craters without waters/ moon does not figure in any of man's prayers/ an upset Muktibodh wrote the moon's face is ... More

SAY CHEEK


Tough life for a statue
TO be alive is normally a preferred state, if one had the option, rather than to be dead. And the dead, if they had the choice, would not insist on having statues installed in public places to perpetuate their memory, especially if they had seen, ... More

ON MINT STREET


Despite claims, RIDF is a flop
AT a recent press conference of Nabard, officials made some grand claims for the Rural Infrastructure Development Fund (RIDF). But going by the literature given at the meet, the RIDF has been a flop, confirming the findings of the research paper ... More

EAR TO THE GROUND


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

SENSOR


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
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Despite claims, RIDF is a flop

In Focus
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Looking back
Dec. 15-Dec. 21
Gold poised higher

Banks shy away from Nabard refinance


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