The Hindu Business Line : Saturday, June 07, 2003

AK Capital leads in pvt debt placement
AK Capital Services has emerged as the top arranger for private placement of debt during 2002-03, according to a company release. During the year, AK Capital has participated in placements of Rs 10,897 crore, accounting for around 25 per cent ... More

MUTUAL FUNDS

Deutsche MF size swells to Rs 1,000 cr
DEUTSCHE Asset Management, which began operations in mid-January in the country, has crossed the Rs 1,000-crore mark in assets under management under its four investment plans. The mutual fund size has grown to Rs 1,060 crore as of today, said ... More

MF investors keen on floating rate products
INVESTORS in mutual funds, aware of the possibility of interest rates bottoming out, are increasingly looking at floating rate products besides mainstream debt schemes. A section of the market is now believed to be keen on adding these ... More

TECHNICAL ANALYSIS

Bull domination
BULLS extended their dominance over Friday's trading activity. Bears were unable to make any impact during the day's trading. The sentiment reading of the tradable counters remains bullish. Bear domination on Friday is likely to change the ... More

STOCK EXCHANGES

`SEs can take only parent's members in subsidiary'
Stock exchanges already have the regulator's permission to establish subsidiaries in order to take up membership of other bourses. The relevant circular from SEBI stipulated that other than members of the parent, a subsidiary cannot entertain other p arties. More

STOCK MARKETS

Britannia shares stay crisp
THERE is no substitute for the comfort a well-managed company provides to its investors. On the other hand, a board room dispute between the management and promoters may not necessarily hamper the company's stock valuation or its corporate ... More

Nagarjuna Constn gains on good order position
THE stock price of Nagarjuna Construction Company (NCC) is in limelight over the last one-month gaining over 50 per cent due to good construction orders of around Rs 1,200 crore. Brokers and analysts said the stock was being accumulated both ... More

Colgate Palmolive moves up on bonus hopes
THE Colgate Palmolive stock on Friday moved up on market expectation over a bonus issue. A section of market players felt that a buyback of shares by its US parent was also a possibility. ASK Raymond James on Thursday, put out a buy ... More

Reliance, Infosys, ITC sparkle
THE counters of Reliance Industries Ltd (RIL), Infosys Technologies and ITC Ltd witnessed heavy foreign institutional investors (FIIs) buying. This effectively lifted the Sensex. A prominent foreign fund, according to dealers was seen to be ... More

Textile counters going strong
IN a market desperately looking for the `next best thing' in the aftermath of the technology debacle, textile counters seem to be attracting unexpected attention. With most of these stocks appreciating by over 30 per cent in the past three ... More

DERIVATIVES MARKETS

BHEL: Outlook positive, construct bull call-spread
THE following strategies are based on Friday's trading at the derivatives segment on the NSE: BHEL: The outlook on this stock is positive. The upside price target is Rs 275. The risk is that the stock may decline to Rs 240 and trade at ... More

COMMENTARY

IT, old-economy stocks trigger Sensex
DRIVEN by the buying interest in the index heavyweights, the 30-stock BSE Sensex continued Thursday's uptrend and ended the week in the positive territory. At the end of the day, the Sensex was up 41.04 points (1.26 per cent). The Index opened ... More

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