Financial Daily from THE HINDU group of publications
Tuesday, January 14, 2003
Markets (Jan. 13)
BL 2501119.21 (-9.68)
BSE Sensex3327.16 (-31.83)
S&P CNX Nifty1073.75 (-6.50)
Dollar (Buy/Sell)47.89/48.02
Gold Std (10 gm)5700 (+20)

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Cos told to have common agency for share registry
THE Hyderabad Stock Exchange (HSE) has advised all the listed companies to initiate measures to appoint a common agency for share registry work, following the directives of the market regulator. In a communique to listed companies, the exchange ... More

MUTUAL FUNDS


Deutsche MF to launch 4 schemes
YET another player has jumped into the mutual fund bandwagon. This time it is Deutsche Mutual Fund promoted by Deutsche Bank which has made a foray into the over Rs 1-lakh crore mutual fund industry with the launch of four schemes. The fund ... More

Foreign window doesn't excite fund managers
UNILEVER Plc, Procter & Gamble Inc, Nestle SA and Pfizer Inc — theoretically, these are some of the companies whose stocks could qualify for investment by domestic equity mutual funds after the Finance Minister's announcement last Saturday, ... More

TECHNICAL ANALYSIS


Bears march ahead
BEARS extended further pressure over Monday's trading activity. Their dominance for the second successive trading day left the bulls with no opportunity to recover. The market sentiment reading of the tradable counters stands bearish. Bull ... More

STOCK MARKETS


Hinduja TMT sees block deals
THE counter of Hinduja TMT saw increased volumes due to several block deals on the BSE. The rise in volume was along with spurt in the stock price. The stock gained 12.04 per cent at Rs 292.60 with volume of 32.67 lakh shares on the BSE and on ... More

  • Delta shareholders

    DERIVATIVES MARKETS


    Infosys: Outlook negative, buy January 4200 puts
    THE following strategies are based on Monday's trading in the derivatives segment on the NSE: Infosys: The outlook on this stock is negative. The downside price target is Rs 4030. The risk is that the stock may rise to Rs 4435, its first ... More

    SPIcE makes debut on BSE — Closes day at slight premium
    THE first Exchange Traded Fund (ETF) on Sensex, called `SPIcE' was listed on the BSE today. SPIcE is the second ETF in the country. The first was from Benchmark Mutual Fund `Nifty BEES' tracking NSE's S&P CNX Nifty index. On the first day of ... More

    COMMENTARY


    Heavy selling in tech, PSU, pharma stocks
    The markets closed lower for the second straight day on account of selling pressure witnessed in technology, PSU and pharma stocks. The benchmark BSE Sensex ended the day at 3,327.16 points, a loss of 31.83 points compared to the close on Friday ... More
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