Financial Daily from THE HINDU group of publications
Saturday, April 26, 2003
Markets (April 25)
BL 250996.75 (-6.15)
BSE Sensex2924.03 (-13.20)
S&P CNX Nifty924.30 (-5.40)
Dollar (Buy/Sell)47.30/47.43
Gold Std (10 gm)5260 (-5)

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MARKETS

MUTUAL FUNDS


Indexing survey reveals mixed opinion on fund management
TWENTY five per cent of respondents contacted for what is being billed as the first comprehensive indexing survey - carried out by an independent group in coordination with all major index providers globally - disagree with the idea that ... More

TECHNICAL ANALYSIS


Restricted movement
FRIDAY'S trading activity witnessed narrow movement. Bears managed to gain from the day's trading. However, the sentiment reading of the tradeable counters continues to remain neutral. Bull domination on Monday is likely to reduce the bear count ... More

STOCK EXCHANGES


Mandatory listing clause withdrawn — Heavy blow for regional exchanges
COMPANIES are no longer required to be listed with the regional bourses. The Government has abolished the mandatory listing provision for companies in their respective regional stock exchanges, the Finance Ministry communiqué to the stock ... More

BgSE appoints Deloitte Haskins as demutualisation advisor
The bourse plans to initiate a reverse merger with its subsidiary, BgSE Financials, following Securities and Exchange Board of India's directive on corporatisation and demutualisation of stock exchanges. More

STOCK MARKETS


FIIs' shedding drags HDFC stock down
THE stock price of housing finance company HDFC has been on a downward move over the last few days due to heavy selling on account of concern over the company's market share in the housing finance business to come down. The stock of HDFC is ... More

Bajaj Auto in for a rough ride?
THE counter of automotive giant Bajaj Auto has been witnessing some selling pressure over the past few days. According to dealers, there was some amount of off-loading on Friday, mostly on the institutional front on concerns about margin ... More

DERIVATIVES MARKETS


Subdued trading in derivatives segment
WITH the weekend ahead, the derivatives segment had subdued trading. The July series was introduced on Friday in the derivatives segment. However, on Friday the traded volumes were subdued at 97,870 contracts on the National Stock Exchange. ... More

REGULATORY BODIES & RULINGS


Steep fall in IT stock prices — SEBI seeks trading data from exchanges
THE Securities and Exchange Board of India has called for trading data from the BSE and the NSE on the trading pattern of several market players during the sharp fall in stock prices, especially those of IT companies, after the Infosys ... More

COMMENTARY


PSU stocks down on divestment blues
NEGATIVE sentiment continues to prevail in the market as the benchmark BSE Sensex ended the last day of the week in the negative territory, the fourth consecutive trading day in a row. Disinvestment blues appear to haunt the State-owned companies ... More
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Simple Economics
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NRIs & Investment Avenues
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Budget 2003-04
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