The Hindu Business Line : Friday, January 10, 2003

Bull domination
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 stands strongly bullish. Bear domination on ... More

STOCK EXCHANGES

NSE cautions members on trading in GTB shares
THE National Stock Exchange (NSE) has cautioned its members while dealing in the shares of Global Trust Bank (GTB), keeping in view the latest directives of the market regulator. The Securities and Exchange Board of India (SEBI), which was ... More

STOCK MARKETS

ABB powers ahead on Syrian order
ABB India has been firming up in the recent past with the latest Syrian order proving to be a shot in the arm for the company's growth prospects. "In the recent past the company has bagged two orders — a Rs 235 crore order from Power Grid ... More

Institutions cut stake in Aptech
Institutional investors have reduced their stake in Aptech Ltd by more than four percentage points during September-December quarter. Institutional holding, which was 17.03 per cent at the end of September 2002, stands at 12.81 per cent as on ... More

Tata Engg up on December hopes
TATA Engineering gained on Thursday on hopes of good sales numbers for December after the impressive sales figures from Ashok Leyland. On this expectation, some FIIs bought shares of the company. Another factor for the increased interest in ... More

DERIVATIVES MARKETS

SEBI clears 31 addl stocks for derivatives trading
THE SEBI today cleared a list of additional stocks for trading in stock futures and options (F&O) segment on the Mumbai and National stock exchanges. It has granted permission to the NSE to introduce 31 additional stocks on the F&O segment and ... More

Satyam: Construct call spread
THE following strategies are based on Thursday's trading in the derivatives segment on the NSE: Equity option: The outlook on Satyam is positive, though the upside from the current levels is limited. The upside price target is Rs 290. ... More

COMMENTARY

Pivotals push up Sensex; ITC down
CONTINUING the previous day's trend, the 30-stock Index BSE Sensex rallied on Thursday and closed higher. Positive sentiment witnessed by Index heavyweights Reliance Industries, Hindustan Lever and Infosys Technologies in ... More

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