The Hindu Business Line : Thursday, March 13, 2003

Get the best out of your MF investment
A RECENT study by Standard & Poor's in the US showed that 60 per cent of equity funds had underperformed the S&P 500 index over a five-year period. But in the relatively short period of their operations, Indian mutual fund houses have a much ... More

Those tax-saving funds
THIS is the last call for investors in tax-saving funds — officially, equity-linked savings schemes (ELSS) — before they say goodbye to fiscal 2002-03. And if you have not considered their salient features yet, you will need to do so ... More

TECHNICAL ANALYSIS

Initial gains not held
BULLS were in control of the initial hours of Wednesday's trading activity. During the wee hours of the day's trading, bears took over and recouped their losses. Bulls were successful in initiating the uptrend in few counters. The market ... More

STOCK EXCHANGES

SEBI directs exchanges to switch to T+2 mode
THE Securities and Exchange Board of India (SEBI) has directed all the stock exchanges to shift over to T+2 rolling settlement from April 1 from the existing T+3 rolling settlement. According to senior SEBI officials, the group constituted by ... More

STOCK MARKETS

Markets in depressed mood
WAR fears, rumours of brokers' default, and selling of shares under margin funding depressed the market sentiment pulling down stock prices during the last 90 minutes of trading on Wednesday. The market opened marginally lower and moved in a ... More

Divi's Labs lists at 25 pc premium
THE shares of pharma company Divi's Laboratories Ltd (DLL) were listed on the stock exchanges today at a premium of over 25 per cent to the issue price of Rs 140. The initial public offering (IPO) of DLL has received good response from the ... More

Indo Gulf suspended
The Calcutta Stock Exchange announced on Wednesday that trading in the Indo Gulf Corporation scrip will be suspended following the scheme of amalgamation of the copper business of Indo Gulf with Hindalco Industries. The suspension will be ... More

Jindal Iron on funds' buy list
AFTER falling by over 20 per cent in the last three weeks, Jindal Iron & Steel was back again on the buy list of select institutional investors. Brokers said the outlook for the company and the sector is good but the recent downgrade of steel ... More

Block deals in Concor
THE Container Corporation (Concor) stock today on the Bombay Stock Exchange saw 2.4 lakh shares changing hands through a single deal at Rs 216, the day's highest quote. The Concor stock finished the day at Rs 213.75, up from Tuesday's closing ... More

Hopes on FII ceiling revive PSU banks
PSU bank stocks got going today on the major bourses on widespread expectation that foreign investment limit in them may be hiked. Even though there was no official confirmation to this effect, market players clutched on to the hope with this ... More

DERIVATIVES MARKETS

Volumes tumble in derivatives segment
WAR fears and holiday announcements by the stock exchanges push down the indices to red again. The Nifty ended 12.85 points lower at 1001.70 points as compared to Tuesday's close of 1014.55 points. The BSE Sensex also slid into negative ... More

INTERVIEW

`MFs need better market sentiment'
THE fundamentals of the domestic markets may be great but unless investment sentiment - both domestic as well as international — turns positive, no one's going to put money in market, says Mr Nikhil N. Khattau, CEO, Sun F&C Mutual ... More

COMMENTARY

War worries, holiday announcement spoil mood
THE lurking prospect of a possible US-Iraq war took a toll on the Indian bourses on Wednesday's trading. The announcement of a holiday on Friday by both the Mumbai and National stock exchanges for Muharram led to an unwinding of positions by ... More

Stock Quotes
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