Financial Daily from THE HINDU group of publications
Friday, December 27, 2002
Markets (Dec. 26)
BL 2501128.45 (+7.73)
BSE Sensex3382.64 (+29.87)
S&P CNX Nifty1094.80 (+9.80)
Dollar (Buy/Sell)47.98/48.11
Gold Std (10 gm)5610 (+10)

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MARKETS

TECHNICAL ANALYSIS


Bulls upbeat
BULLS exerted further pressure over Thursday's trading activity. Their dominance for the second successive trading day left the bears stranded. The market sentiment reading of the tradable counters continues to remain bullish. Bear domination ... More

STOCK MARKETS


Reliance lifts Sensex to seven-month high
THE BSE Sensex today touched a seven-month high led by Reliance Industries, which is all set for the mega launch of its Infocomm venture tomorrow. The 30-share benchmark index of the Bombay Stock Exchange gained 29.87 points (0.89 per cent) to ... More

Block deals in Hindalco
HINDALCO Industries has been seeing some buying interest for the past few days. Even today, the counter saw a couple of block deals on the Bombay Stock Exchange. The stock price closed at Rs 589.85 on the BSE, gaining 1.28 per cent with ... More

Fund managers fancied ACC, M&M, Wipro in Nov
ACC, M&M and Wipro had the distinction of being among the stocks purchased by most equity fund managers in November, a review of allocations made by leading diversified equity schemes has indicated. A study by intermediary SKP Securities ... More

Hexaware up 15 pc on US order talk
HEXAWARE Technologies Ltd (HTL) has been moving northwards in the recent past on reports of the company bagging several new orders. A software service provider, HTL has seen a 15-per cent jump in the stock price over the past one month on the ... More

Fund buying lifts CMC
THE stock price of software company, CMC Ltd, has been in the limelight over the last couple of trading sessions on fund buying. The rise in the stock price has also been attributed to some big orders the company is expected to receive ... More

Mastek at 52-week high
MASTEK today touched a 52-week high on heavy volumes on market expectations of its inclusion in the derivatives segment. The stock, after touching the day's high of Rs 525.90, closed at Rs 522.25, against the previous close of Rs 498.20 on the ... More

DERIVATIVES MARKETS


Buy January puts on Reliance, Satyam
THE following strategies are based on Thursday's trading in the derivatives segment at the NSE: Equity options Reliance Industries: The outlook on this stock appears positive, but the upside from the current level is limited. ... More

GOVT BONDS


G-secs on stock retail mode
RETAIL investors can buy and sell Government securities on the stock exchanges in the same way they do equity shares, once the draft scheme announced by Reserve Bank of India is actually implemented. As per the scheme announced by RBI today, ... More

COMMENTARY


Positive sentiment pervades most counters
CONTINUING Tuesday's trend, the benchmark BSE Sensex went up and closed at a 7-month high on Thursday. The buying activity witnessed by the key index heavyweights Infosys Technologies and Reliance Industries appeared to have propelled the ... More
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