Financial Daily from THE HINDU group of publications
Wednesday, January 22, 2003
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Financial Daily from THE HINDU group of publications Wednesday, January 22, 2003 |
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COLUMNS OFFHAND Hot air INDIA'S political class is a riddle wrapped in an enigma in the sense that it behaves as if meretriciousness and hypocrisy are its prescriptive rights. It is a Herculean task to figure out how much it means of what it says. These are the ... More FINANCIAL SCAN Deficit monetisation on downtrend The Government expenditure on salaries, interest and incomes in the organised sector show up as bank deposits, which again go to the Government as investment in gilts, in the absence of adequate credit demand and lack of good lending opportunities. T he RBI credit to Government has been contained because of this round-tripping. More EAR TO THE GROUND FII selling chokes ITC ITC came under selling pressure on Tuesday. Market players attributed the selling to the possibility of the Government plans to impose Value Added Tax (VAT) on cigarettes. This was not the only reason for the stock's fall. Dealers said some ... More ON THE HEDGE Consider January bull call-spread on BPCL THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Equity options ACC: The immediate outlook on this stock is negative. The downside price target is Rs 146. The risk is that the stock ... More SENSOR Tech stocks battered; SBI, Grasim shine AFTER a sharp slide on Monday, the stock market staged a recovery on Tuesday. The Sensex went up by 12.25 points or 0.37 per cent to end at 3354.14. The NSE Nifty inched up by 1.55 points to close at 1077.9. While the indices managed to close on ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Kelkar Report Telecom Competition Oil PSUs: Disinvestment dilemma NPAs in Banking In Depth Gender Justice Simple Economics India Interior Consumer Notes Tax Talk Industry Analysis 2002: A drought year Gold: Still the winner? Books and Reviews Looking back Jan. 12-Jan. 18 MSP regime must deliver tangible benefit |
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