Financial Daily from THE HINDU group of publications
Friday, July 25, 2003
Markets (July 24)
BL 2501288.45 (+20.32)
BSE Sensex3668.07 (+90.18)
S&P CNX Nifty1139.45 (+20.40)
US Dollar (Buy/Sell)46.14 (46.28)
Gold Std (10 gm)5485 (+85)

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MARKETS

MUTUAL FUNDS


NSE index funds: On the wrong track?
INDEX funds based on the S&P CNX Nifty do not appear to be closely tracking the benchmark as they are mandated to do. An analysis for the April-June quarter shows that the tracking error (on annualised basis), which tells how much an index fund ... More

  • UTI RIS declares 0.6 pc dividend

    TECHNICAL ANALYSIS


    Bull domination
    BULLS gained control of Thursday's trading activity. Their dominance left the bears with no opportunity to recover. The market sentiment reading of the tradable counters stands bullish. Bear domination on Friday is likely to change the ... More

    STOCK EXCHANGES


    Brokers union okays CSE's demutualisation proposal
    MEMBERS of Calcutta Stock Brokers' Association have given their consent to the CSE board's proposal on demutualisation. The move followed a discussion of the draft demutualisation scheme that was earlier worked out by the CSE. A meeting held ... More

    STOCK MARKETS


    FIIs' active buying propels market
    THE stock prices rebounded sharply on Thursday after remaining dull for a week. The uptrend in the market was mainly due to active buying from FIIs and select institutional investors. The market opened on a flat note and slowly witnessed buying ... More

    United Phosphorous moves up sharply
    THE United Phosphorus Ltd (UPL) stock today made a smart movement upward on significant buying on the National Stock Exchange. On the NSE, it closed at Rs 268.85 (Rs 251.75). Activity in the counter was concentrated on the NSE, where it logged ... More

  • Block deals in Pantaloon Retail

    DERIVATIVES MARKETS


    Tata Engg: Outlook positive, buy Aug 215 calls
    THE following strategies are based on Thursday's trading in the derivatives trading on the NSE: Equity options Tata Engg: The outlook on this stock appears positive. Note that the total open interest position as a percentage of ... More

    COMMENTARY


    Heavy buying sparks sharp rally in Sensex
    STRONG buying interest in the index heavyweights in the last half-an-hour of the day's trading session helped the BSE Sensex rally by 90.18 points (or 2.52 per cent) to close at 3,668.07 points. In relative terms, the S&P CNX Nifty recorded ... More
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    In Focus
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    Looking back
    Jul. 13-Jul. 19
    GDR/ADR issues dip in 2002-03

    Govt mulls cutting market lot size for futures transactions

    Small investors may lose direct access to markets

    BSE to place 2,260 scrips on IndoNext

    Sensex to go free-float way


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