The Hindu Business Line : Friday, May 09, 2003

Bear domination
BEARS were in total command of Thursday's trading activity. Their dominance left the bulls with no opportunity to recover during the day's trading. The market sentiment reading of the tradable counters stands neutral. Bear domination on Friday is ... More

STOCK MARKETS

Dr Reddy's slips on profit concerns
DR Reddy's Laboratories stock continued to reel under selling pressure on concerns that the company may report lower profits in the fourth quarter. Dealers said the market is not very optimistic about the outlook of the company's earnings ... More

BHEL hits new high on sustained buying
A large part of the order is said to be from the power generation sector, which may not translate into immediate sales. Yet analysts predict a growth of 15 per cent in the company's topline and 18 per cent in the bottomline. More

Public stake up in VisualSoft
ANTICIPATING a slump in technology stocks, institutional investors have reduced their holding in the Hyderabad-based software company VisualSoft Technologies during the quarter ended March 2003. The decline in shareholding has come from both ... More

REGULATORY BODIES & RULINGS

SEBI suspends Agbros Securities
THE Securities and Exchange Board of India has suspended Agbros Securities, member of Calcutta Stock Exchange, for nine months. The reasons listed for the suspension includes submission of "misleading information" to the regulator. The ... More

COMMENTARY

Heavyweights drag down Sensex
THE markets continued their second day of decline. The BSE Sensex closed 19.14 points lower at 2961.60 points as compared to Wednesday's close 2980.74. The broad based Nifty closed at 941.55 points down by 8.66 points as compared to the previous ... More

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