The Hindu Business Line : Monday, February 03, 2003

Diversified equity funds prune IT weightage
THE markets were jittery for the whole of the last week, prompting investors in mutual funds to exercise utmost caution, an attitude that reflected in large-scale redemptions. Since then nothing has happened that would ease the tension and ... More

STOCK EXCHANGES

BSE shifts 299 scrips to B1-group
CHENNAI: The Bombay Stock Exchange (BSE) has revised the list of B1-group scrips. According to a BSE statement, 299 scrips have been shifted from `B2' to B1-group while 35 to B2-group from B1. These changes would come into effect from ... More

STOCK MARKETS

`Fewer MNCs are wealth creators'
WITH multinational companies (MNC) increasing the stake in their Indian subsidiaries and opting for de-listing from the stock exchanges, the MNC stocks seem to be losing fancy. The lack of market interest in MNC stocks is seen from the number of ... More

Budget hopes, Bushspeak to drive market direction
THE much-anticipated correction in the stock prices was seen last week. While the market had already absorbed the corporate results and the impact of the Cabinet reshuffle, it is still gripped by the uncertainty over the US decision on Iraq. ... More

Number game for 2-wheelers
STOCKS such as Bajaj Auto, Hero Honda and TVS Motor could attract market attention as January sales volumes are being disclosed. Bajaj has already reported a 19.6-per cent growth in January motorcycle sales volume while other two are expected ... More

FOREIGN INSTITUTIONAL INVESTORS

FIIs up stake in Satyam by 4 pc
THE foreign institutional investors (FIIs) have increased their stake in the software services major, Satyam Computer Services Ltd, during the third quarter ended December 31, 2002, wherein their overall stake has increased by about 4.03 per cent ... More

INTERVIEW

`Go for value picks' — Mr R. Balakrishnan, CEO, First India MF
THE path traced out by First India, one of the smaller players in the domestic mutual funds industry, took a major turn a year ago when it decided to sport a fresh look, complete with new schemes and more focussed marketing strategy. A lot has ... More

COMMENTARY

MTNL in limelight
THE US stock markets witnessed selling pressure amid concerns that US-led forces might attack Iraq. On the back of this apprehension, the S&P-500 slipped 0.7 per cent last week to close at 855.30 against the previous week close of 861.40. The Dow ... More

Stock Quotes
SE Diary

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