Financial Daily from THE HINDU group of publications
Thursday, March 06, 2003
Markets (March 5)
BL 2501093.10 (-5.77)
BSE Sensex3226.10 (-18.70)
S&P CNX Nifty1040.70 (-5.90)
Dollar (Buy/Sell)47.60/47.73
Gold Std (10 gm)5610 (+40)

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MARKETS

MUTUAL FUNDS


February throws mixed fortunes for funds: Crisil
FEBRUARY was a mixed bagfor mutual funds with equities moving in a narrow range and the debt market witnessing some spectacular rises, according to Crisil. In the equity markets, lack of triggers and lingering war fears prevented any northward ... More

TECHNICAL ANALYSIS


Bear onslaught
BEARS extended their pressure over Wednesday's trading activity. Their dominance for the second successive trading day left the bulls stranded. The market sentiment reading of the tradable counters stands strongly bearish with no uptrend ... More

STOCK MARKETS


CMC jumps ahead of order announcements
CMC gained sharply in today's trading on the talk that it had bagged Rs 100 crore order from various banks, both in India and overseas. The stock moved up well before the company's official announcement to stock exchanges. After the market ... More

Cricket puts Zee on sticky wicket
ZEE Telefilms has been under pressure. The stock touched a new 52-week low at Rs 74.85 on the BSE on Wednesday. Dealers said that with viewers turning to cricket matches, entertainment channels including Zee will see decrease in viewership. ... More

DERIVATIVES MARKETS


Outlook negative on Satyam, Mastek
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Equity options Satyam: The outlook on this stock is negative. The downside price target is Rs 202. The risk is that the stock may ... More

COMMENTARY


Old economy drags Sensex even as tech recovers
RECORDING the third successive day of decline, the benchmark indices ended on a weak note on Wednesday. The 30-share BSE Sensex declined by 18.7 points or 0.58 per cent to 3226.10 while the 50-share S&P CNX Nifty dropped 0.56 per cent to close at ... More
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In Focus
Run-up to Budget
Kelkar Report
Bottled water: How safe is it?
Telecom Competition
Oil PSUs: Disinvestment dilemma
Housing Fin. rate war: Bonanza for consumers!
NPAs in Banking
In Depth
Simple Economics
Consumer Notes
Tax Talk
The Brahmananda collections
NRIs & Investment Avenues
Corporate Governance
Gold: Still the winner?
Cars: Always a beauty
Books and Reviews
Looking back
Feb. 23-Mar. 1
T+2 cycle: Fine-tune mechanism, say brokers

Dividend tax, capital gains tax to go — Capital markets get a lift


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