The Hindu Business Line : Saturday, July 19, 2003

SEBI urges MFs to expand investor base
THE Securities and Exchange Board of India today cautioned the mutual fund industry not to run some of its schemes as portfolio management schemes for select investors. The market regulator also asked the mutual funds to expand their investor ... More

Birla Sun Life funds outperform indices
BIRLA Sun Life Insurance's investment funds, as on June 30, 2003, have outperformed the benchmark indices, which is a composite index of the NSE, Government securities of over 8 years maturity and Nifty in the same proportion as committed to the ... More

TECHNICAL ANALYSIS

Bears march ahead
BEARS extended their pressure over Friday's trading activity. Bulls were unable to make any impact during the day's trading. The market sentiment reading of the tradable counters stands bearish. Bull domination is likely to reduce the bear count ... More

STOCK EXCHANGES

CSE to stop settlement operations with GTB
THE Calcutta Stock Exchange has proposed to stop settlement and clearing operations with Global Trust Bank (GTB), a move that will reduce the number of settlement banks from three to two. United Bank of India and HDFC Bank will henceforth be ... More

STOCK MARKETS

Sensex to go free-float way
MOVING in line with international trends, the Bombay Stock Exchange (BSE) on Friday announced that its benchmark 30-share Sensitive Index (Sensex) will be calculated based on the free-float methodology from September 1, 2003. Currently, the ... More

BSE to place 2,260 scrips on IndoNext
SO far, you have been trading in them either on the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE). Now you can do so on IndoNext. Corporates such as Alfa Laval, Tata Coffee, Tata Honeywell, Tata Infomedia, Texmaco, Jindal ... More

Tata Infomedia in limelight
THE Tata Infomedia (originally Tata Press) stock today recorded a massive jump in trading volumes and a clear price spurt on the major bourses. The counter attracted a traded quanity of 3.94 lakh shares on the Bombay Stock Exchange and 5.24 ... More

Bank of Punjab active
THE talk of a strategic stake sale refuses die out as far as the Bank of Punjab is concerned. The counter buzzed with activity today as the markets were agog yet again with talks that the bank is close to signing a strategic stake sale deal with ... More

Apollo Tyres scrip rides the auto boom
THE share price of Apollo Tyre has been steadily gaining ground in the recent past. From quoting at the Rs 120 levels in May, the stock has since been through a rollercoaster ride to see a 33 per cent jump to its current levels of Rs 178 on ... More

DERIVATIVES MARKETS

Tata Steel: Outlook stays positive; buy July 200 calls
The following strategies are based on Friday's trading in the derivatives segment on the NSE: Equity options Tata Steel: The outlook on this stock is positive. The open interest position as a percentage of the market-wide limit ... More

COMMENTARY

Indices down, courtesy Infosys, HLL
THE BSE Sensex shed 21.33 points to close at 3647.58 points on Friday. The broad-based S&P CNX Nifty declined by 12 points to close at 1140 points. The overnight decline in the tech-heavy Nasdaq and the announcement of Wipro's first ... More

Stock Quotes
SE Diary

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