Financial Daily from THE HINDU group of publications
Wednesday, June 04, 2003
Markets (June 3)
BL 2501174.23 (-0.90)
BSE Sensex3181.97 (-24.41)
S&P CNX Nifty1010.65 (-4.50)
Dollar (Buy/Sell)46.94/47.08
Gold Std (10 gm)5655 (+20)

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SEBI puts onus on AMC chief for MF risk management
IN a significant decision, the Securities and Exchange Board of India (SEBI) has ruled that the Chief Executive Officer (CEO) of an asset management company (AMC) would be responsible for the overall risk management function of the mutual fund. ... More

TECHNICAL ANALYSIS


Narrow movement
TUESDAY'S trading activity witnessed narrow movement. Neither the bulls nor the bears could gain from the day's trading. The market sentiment reading of the tradable counters continues to remain neutral. Bear domination on Wednesday is likely to ... More

STOCK MARKETS


IOC on buy list ahead of results
ANOTHER petroleum company that is being accumulated by market players is Indian Oil Corporation (IOC). Dealers said after the good financial results from most of the oil companies, market players are optimistic about the good financial ... More

HDFC hardens; hits intra-day high again
SHARES of housing finance major HDFC has been gaining strength on the bourses with the stock hitting an intra-day high second day in a row. The share, however, came off its high — Rs 390.40 — and ended the day firm at Rs 381.60 on ... More

Bank stocks post mild recovery on bourses
EVEN as the uncertainty over the issue of paying premium on the equity being returned by public sector banks continued to persist with the Union Finance Secretary, Mr S. Narayan, reiterating his earlier statement, banking stocks made a mild ... More

DERIVATIVES MARKETS


Backwardation in Nifty futures
S&P CNX Nifty - remaining in a narrow range of 1016.90-1007.65 points, turnover at the derivative segment slipped on Tuesday; turnover dipped to about Rs 2,346 crore as against Monday's figure of about Rs 2,700 crore. Index futures: ... More

COMMENTARY


Sensex loses steam; bank stocks rebound
AFTER four consecutive trading days of northward movement, the benchmark BSE Sensex lost its steam and fell on Tuesday. Profit booking witnessed by the index heavyweights and key information technology stocks dragged the index down. PSU bank ... More
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In Focus
SARS scare
The Cable tangle
Pakistan Diary
Indo-Pak Monitor
Indo-China Relations
Telecom Competition
Oil PSUs: Disinvestment dilemma
NPAs in Banking
In Depth
Simple Economics
Consumer Notes
Tax Talk
The Brahmananda collection
NRIs & Investment Avenues
Corporate Governance
Gold: Still the winner?
Cars: Always a beauty
Books and Reviews
Looking back
May. 25-May. 31
IOC public issue unlikely in near future

Maruti IPO process begins on June 12


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