Financial Daily from THE HINDU group of publications
Friday, April 11, 2003
Markets (April 10)
BL 2501025.32 (-37.36)
BSE Sensex3035.33 (-105.92)
S&P CNX Nifty962.20 (-42.65)
Dollar (Buy/Sell)47.36/47.49
Gold Std (10 gm)5135 (+5)

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OFFHAND


Man of the War
IF there can be a Man of the Match in cricket, why not a Man of the War? On March 20 itself, when the war in Iraq started, courtesy the US, I decided to father a new tradition — of selecting a Man of the War from among the many deserving as ... More

SLOWBURN


Lawrence of Iraq
SO there was Saddam Hussein having a quiet sappad with his sons and buddies in a downtown Baghdad restaurant when the Americans dropped three 200-tonne bombs on his lamb kebabs. I guess it is one way of re-arranging the décor, and ... More

EAR TO THE GROUND


Heavy auction in HFCL
THE sharp rise in the stock price of Himachal Futuristic Communication Ltd (HFCL) trapped a large number of short sellers. This was seen from large auction of shares on the BSE and the NSE. On the BSE, the auction was for around 11 lakh shares ... More

ON THE HEDGE


Outlook negative on Reliance, HPCL
THE following strategies are based on Thursday's trading in the derivatives segment on the NSE: Reliance Industries: The outlook on this stock is negative. The downside price target is Rs 265. The risk is that momentum buying may push ... More

SENSOR


Infosys results trigger Sensex crash
THE lower-than-expected earnings guidance issued by software bell-weather Infosys Technologies led to a domino effect among all the information technology stocks in the bourses on Thursday. The markets have been waiting with bated ... More
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