The Hindu Business Line : Wednesday, April 16, 2003

Deutsche unveils fund portfolios
Deutsche Mutual Fund had introduced four schemes in January 2003. According to the fund's maiden fact sheet that has been sent to investors, both the equity and debt markets have displayed considerable volatility since then. More

STOCKS

Tata Steel dips on fall in HR coil prices
THE share price of steel major Tata Steel tumbled following reports of a sharp global fall in the prices of flat steel and hot-rolled coil. The stock ended the day at Rs 131.10, down 4.20 per cent on the BSE with around 15 lakh shares traded. ... More

TECHNICAL ANALYSIS

Initial gains not held
BULLS were in control of the initial hours of Tuesday's trading. Later on, bears made a strong comeback and wiped out their early losses. Bulls managed to gain marginally from the day's trading. The sentiment reading of the tradable counters ... More

STOCK EXCHANGES

BSE revamps indices
THE index committee of the Bombay Stock Exchange has revamped the BSE-100, the BSE-200, the BSE-500 and the BSE-TECk indices. According to a BSE press release, the changes would come into effect from May 26. On the BSE-100 index, 26 companies ... More

STOCK MARKETS

Infosys leads tech recovery in flat market
AFTER a three-day break, the stock markets opened on Tuesday to lacklustre trading, with major indices ending flat. The 30-share benchmark sensitive index of the BSE, the BSE Sensex, was down marginally by 0.49 points ending at 2,997.38, while ... More

Scrutinise deals in thinly traded stocks, SEBI tells bourses
THE Securities and Exchange Board of India (SEBI) has advised stock exchanges to scrutinise trading in thinly traded stocks in order to prevent price manipulations leading to tax evasions by brokers. The regulator has expressed apprehension ... More

Institutions flock to BEL counter
THE state-run Bharat Electronics' (BEL) shares are on a roll. Dealers said that the counter was flocked by institutions particularly, a prominent Indian brokerage firm that is expected to have picked up considerable amount of shares. The ... More

Mukta Arts loses sheen for FIIs
FOREIGN institutional investors (FIIs) holding in Mukta Arts Ltd has witnessed a sharp decline even as its promoter, Mr Subhash Ghai, has been accumulating the company's stock. FIIs holding in the company dwindled to 1.6 per cent as on March ... More

DERIVATIVES MARKETS

Premium narrows for Index futures
TURNOVER in the futures and options segment on the National Stock Exchange (NSE) on Tuesday was lower at Rs 2,415 crore compared with Friday's turnover of Rs 3013.45 crore. Stock futures accounted for Rs 1,399.44 crore with 63,449 contracts while ... More

COMMENTARY

Tech stocks recover; Reliance top loser
A BOUNCE back in technology stocks, which came under selling pressure over the past two trading sessions resulting in a precipitous fall in the Sensex, saw the market regain some of its lost ground to end at 2997.38 points, lower by 0.49 points ... More

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