Financial Daily from THE HINDU group of publications
Tuesday, January 07, 2003
Markets (Jan. 06)
BL 2501130.27 (-3.03)
BSE Sensex3334.89 (-22.65)
S&P CNX Nifty1084.35 (-5.25)
Dollar (Buy/Sell)47.95/48.08
Gold Std (10 gm)5730 (+140)

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

MARKETS

TECHNICAL ANALYSIS


Bears prevail
BEARS exerted further pressure over Monday's trading activity. Bulls were unable to make any impact during the day's trading. The market sentiment reading of the tradable counters continues to remain bearish. Bull domination on Tuesday is likely ... More

STOCK EXCHANGES


Bhubaneshwar SE put under administrator
THE Securities and Exchange Board of India (SEBI) has superseded the Council of Management of Bhubaneshwar Stock Exchange (BhSE) with effect from January 3, and has appointed Mr Jai Prakash Verma, IPS (Retd), as the administrator of the exchange ... More

STOCK MARKETS


Pidilite rises on funds buying
PIDILITE Industries Ltd (PIL), manufacturer of Fevicol, has seen its stock rise on institutional buying. The stock today gained 4.63 per cent at Rs 254.05 on the BSE with volumes of 11,257 shares. On the NSE, the stock closed at Rs 251, up 4 ... More

MTNL stock hits nadir on slippery turf
THE stock price of public sector telecom major Mahanagar Telephone Nigam Ltd (MTNL) today touched an all-time low on concern over the possible fall in revenues and profits in the current fiscal. According to market sources, attractive pricing ... More

Moser Baer jumps as EU drops anti-dumping case
THE Moser Baer Ltd (MBL) stock today saw a surge in volumes and spurt in share price on the major bourses as the European Commission dropped the anti-dumping proceedings against the company. The stock moved up by around 18 per cent on ... More

Cosmo Films down despite bonus plan
COSMO Films shareholders are expected to benefit in the New Year. The company's proposed board meeting on January 14 is expected to announce a liberal bonus issue. The talk in the market is that the company would declare a bonus issue in the ... More

`Feel-good' percolating down pharma counters
STOCKS of frontline pharma companies and several second- and third- tier pharma companies have gained momentum on the back of investment-based buying. Leading market participants maintain that the pharma sector is favourably poised. "Market ... More

Khyati Multimedia stock split
MUMBAI: Khyati Multimedia Entertainment Ltd has fixed February 10, as the record date for the purpose of stock split from equity shares of Rs 10 to Re 1 each. ... More

DERIVATIVES MARKETS


Reliance: Outlook negative; buy January 280 puts
THE following strategies are based on Monday's trading in the derivatives segment on the NSE: Equity option: The outlook on Reliance Industries remains negative. The first downside price target is Rs 276. If stock travels below this ... More

REGULATORY BODIES & RULINGS


SEBI to discuss implementation of JPC report
THE Securities and Exchange Board of India (SEBI) is looking at the time-frame of one year for ``faithfully implementing'' all the recommendations of the Joint Parliamentary Committee (JPC) that probed the securities scam of 2001. ``We have ... More

COMMENTARY


Index heavyweights pull down Sensex
CONTINUING the previous week's trend, the benchmark BSE Sensex ended on Monday in the negative territory. The drop in the share price of the key index heavyweights appears to have contributed to this downward trend. Key public sector unit (PSU) ... More

IPOS


Market not ripe for TCS public offer: Ratan
THE Tata Group Chairman, Mr Ratan Tata, has said that the market is not yet ripe for Tata Consultancy Services' maiden initial public offer. Speaking on the sidelines of the inaugural of Explorer building of the International Technology Park ... More

RIGHTS ISSUES


SEBI clears Electrolux's rights plan
THE white goods major, Electrolux Kelvinator Ltd (EKL) has got the Securities and Exchange Board of India's (SEBI) nod for its revised rights issue proposal of Rs 199.7 crore. Earlier, the board of directors of EKL, at its meeting on September ... More

INVESTOR PROTECTION


Equity research outsourcing could be the next wave
INDIA could emerge as a favourite outsourcing destination for US financial groups for equity research as the investment banks face severe pressure from market watchdog Securities Exchanges Commission to separate research from market activities ... 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
DCA for stringent entry norms for IDR issues


Big cos move WTO to block essential drugs supply

Row over tea marketing order snowballs — Kolkata auction put off by a week

Indian firms to emerge key global players: IDC

Wi-Fi, the wireless alternative

TV commercials get briefer, print ads smaller

In Focus
Inside China

Stock scam unravelling
Petrol pump controversy
Kelkar Report
Reliance & Telecom Competition
2002: A drought year
Gold: Still the winner?
In Depth
Gender Justice
Simple Economics
India Interior
Consumer Notes
Looking back
Dec. 29-Jan. 4
UB move to buy Mallya's US assets suffers setback

SEBI directs listed cos to do secretarial audit


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright © 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line