The Hindu Business Line : Thursday, January 02, 2003

Dividends from CanBank Mutual
CANBANK Mutual Fund has announced a five per cent dividend on its dedicated Cangilt (PGS) scheme, whose face value is Rs 10. This will be the third dividend announced under the scheme during the current year, a press release issued here has ... More

Kotak MF plans to launch debt scheme
KOTAK Mahindra Mutual Fund has lined up a debt-oriented scheme (christened K Income Plus) that will be free to allocate up to 20 per cent to stocks. However, it will not be positioned as an MIP (monthly income plan) as far as portfolio ... More

TECHNICAL ANALYSIS

Bulls prevail
WEDNESDAY'S market action resulted in bull domination. Bulls marched ahead right from the opening hour of the trading. Bears could not offer much resistance to counter the bull move. The market sentiment reading of the tradable counters stands ... More

STOCK MARKETS

Mastek gains on fund support
MASTEK has been witnessing hectic activity in the past few days with its stock appreciating 12 per cent on the bourses. On the BSE today, the stock closed at Rs 547.60, up 1.88 per cent with 12.25 lakh shares being traded. On the NSE, the stock ... More

PNB sees heavy selling
THE Punjab National Bank stock saw heavy selling on the major bourses and the counter lost around 10.63 per cent as rumours spread about the bank coming out with the second issue soon at a price of Rs 45 per share of Rs 10 each and the issue size ... More

BPO arm lifts MphasiS
THE Bangalore-based financial software services provider, MphasiS BFL, is expected to record good quarterly performance, aided by the performance ofits business process outsourcing (BPO) subsidiary, MsourcE. According to market sources, MsourcE ... More

DERIVATIVES MARKETS

Buy January calls on ACC, BPCL
THE following strategies are based on Wednesday's trading in the derivatives segment at the NSE: Equity options ACC: The upside price target is Rs 183. The downside is that the stock may decline to Rs 153. Note that the upside ... More

REGULATORY BODIES & RULINGS

`Single agency mandatory for share registry'
THE Securities and Exchange Board of India (SEBI) has made it mandatory for corporates to appoint a single agency for all work related to share registry — both physical and electronic — before February 1, 2003. According to a SEBI ... More

COMMENTARY

PSU stocks rebound; key pivotals stay flat
THE New Year started on a positive note, though trading was not very active. The sentiment was upbeat on hopes that the impending results season could cheer investors. From next week, corporates will start announcing financial performance for the ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Top Stories
Exports post 16% growth in Nov

Cutting costs...at what cost to Bhopal residents?

In the interest of better governance

BSNL billing mix-up makes rural users pay more

Wilful defaulters face penal charges on dues

In Focus
Inside China

Stock scam unravelling

Petrol pump controversy

Kelkar Report