The Hindu Business Line : Tuesday, March 25, 2003

Bear onslaught
BEARS were in total control of Monday's trading activity. Bulls were unable to make any recovery during the day's trading. The market sentiment reading of the tradable counters stands bearish. Irrespective of bull or bear domination on Tuesday ... More

STOCK MARKETS

Stocks sink on fears of longer war
INDIAN financial markets turned choppy today along with markets elsewhere in the world and surrendered almost all of the ground gained during the past week of `certainty'. Concern that the US-led war on Iraq may not be short sent the benchmark ... More

Glaxo up in downhill market
PHARMA major GlaxoSmithKline Pharmaceuticals has been quite volatile of late. The share price of the company today closed higher by 1.39 per cent at Rs 299.55 with 20,272 shares being traded on the BSE. On the NSE, the stock went up 1.46 per cent ... More

BHEL hits new high on order hopes
EXPECTATIONS of several new orders being finalised over the next 20 days, saw the share price of BHEL hit a 52-week high on the bourses during the course of trading today. However, moving in tandem with overall market sentiment the counter ended ... More

Order talk to cheer up Wipro?
EVEN as tech counters crumbled under the weight of Saddam's war talk today, the market seems to have found a silver lining around the dark clouds for at least one company, tech heavyweight Wipro. Markets were agog with talks about the ... More

DERIVATIVES MARKETS

Nifty calls lose value as spot takes a beating
THE total turnover of the futures & options segment on the NSE was around Rs 2621.20 crore on Monday. While stock futures accounted most of it with Rs 1549 crore trading, index futures recorded a turnover of Rs 404.38 crore, the Nifty options Rs ... More

REGULATORY BODIES & RULINGS

822 cos on BSE flout corporate governance code
MORE than 800 companies listed on the BSE and 146 companies on the NSE have failed to comply with SEBI's Corporate Governance Code. According to the quarterly compliance report submitted to SEBI by stock exchanges for the period ended ... More

As SEBI deadline nears — Brokers clueless on turnover fee defaulters
The Association of NSE Members of India (ANMI) has no official information on the matter except details of the SEBI circular, which makes no specific mention of the possible consequences of non-payment of dues. More

COMMENTARY

Fears of long war bombard Sensex
WITH fears about a prolonged war, the benchmark indices shed some of the gains of the past four trading days to close in negative territory. The firing along the line of control dividing India and Pakistan also added some fuel to the fears. The ... More

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