The Hindu Business Line : Monday, June 16, 2003

MFs flooded with corporate funds
This year's crop of annual reports, currently being sent to shareholders all over the country, again underline the extensive use of mutual funds by corporates. Their performance statements, in fact, are replete with indications that funds are ... More

STOCK MARKETS

Buffett enters Indian equity market?
Seen picking up oil stocks, RIL via the secondary market route
MR Warren Buffett, leading global value investor, is believed to have entered the Indian equity market, picking up stocks of some leading oil and petroleum companies. If market sources are to be believed, Mr Buffett's Berkshire Hathaway Inc has ... More

SBI: On result hopes
State Bank of India: After a sharp run up in the recent weeks, the share price of the company has remained subdued in the past few days. The share price of quite a few banking companies have taken a knock and SBI has not been an exception. ... More

After upbeat weeks...
Market lacks direction; may witness correction
The utterances about an on-coming bull rally are slightly more strident this week, as money flow remains healthy. And so is the newfound love for equity and risk. The FIIs made net positive investment of Rs 423.20 crore. More

INTERVIEW

`Liquidity-driven rally in medium term likely' — Mr Shyam Bhat, Fund Manager, Tata MF
With market P/Es close to historic lows (9-10 times forward), and higher FII inflows being witnessed in the last few months there is likely to be a liquidity-driven rally in the medium term. More

COMMENTARY

Dr. Reddy's, HDFC Bank at new highs
Sentiment turned weak for the US markets last Friday after reports that the University of Michigan index of consumer confidence had dropped; confidence is viewed as a precursor to consumer spending, which drives two-third of the US economy. ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line