Financial Daily from THE HINDU group of publications
Wednesday, February 12, 2003
Markets (Feb. 11)
BL 2501195.62 (-1.51)
BSE Sensex3261.47 (+4.61)
S&P CNX Nifty1048 (-0.60)
Dollar (Buy/Sell)47.73/47.87
Gold Std (10gm)5830 (-80)

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OFFHAND


Sattankulam?
THIS Tamil Nadu Assembly constituency, little known even to the people of the State, has suddenly leapt into prominence. The DMK and the BJP have boycotted the by-election to be held there. So there is going to be a straight trial of strength ... More

FINANCIAL SCAN


Gloom & doom overdone?
UNCERTAINTY continues to dog financial markets all over the world. The prospect of a war with Iraq has led to a dramatic surge in the price of oil and gold. While the rise in crude was entirely expected, gold has come out of a long somnolence ... More

DOWN TO EARTH


The Great India-Bharat divide
`India' is a notional entity, largely Anglicised and relatively better-off, which obtained the legacy of colonial exploitation from the British; while `Bharat' is largely rural, agricultural, poor and backward, and is subjected to colonial-like expl oitation even after the end of the Raj, says Sharad Joshi, explaining the dichotomy in the economy. More

EAR TO THE GROUND


FIIs shed Infosys
INFOSYS Technologies witnessed selling mainly by foreign institutional investors. According sources in the market, the reason cited for the slide is the present Iraq conflict. There are concerns that the overseas projects, which forms a ... More

ON THE HEDGE


Buy Tata Steel Feb 155 puts
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Tata Steel: The outlook on this stock is negative. The downside price target is Rs 145. Momentum trading can, however, push the stock up to Rs ... More

SENSOR


HLL, Reliance lead recovery; HPCL star performer
THE markets opened Tuesday on a positive note only to slide down later and then recovered before close. The BSE Sensex and the NSE's Nifty were in negative territory for a major part of the day recovered their losses before close of trading ... More
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