Financial Daily from THE HINDU group of publications
Saturday, July 26, 2003
Markets (July 25)
BL 2501312.85 (+24.40)
BSE Sensex3726.46 (+58.39)
S&P CNX Nifty1162.75 (+23.30)
US Dollar (Buy/Sell)46.07 (46.20)
Gold Std (10 gm)5485

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The Tanda message
DURING the past week, the headline which hogged the nation's attention was the Supreme Court's suggestion on the adoption of a Uniform Civil Code. Certainly, the possible political and social impact of this move is ... More

E-DIMENSION


Economics of information can push investors to indifference
THE drama that Parliament witnesses — in the form of debates that might serve no immediate purpose for the common man — is also enacted in the accounting field. Things such as whether rotation should be of ... More

FOCUS


Tata Steel sees improved debt-equity ratio
TATA Steel expects a further improvement in its debt-equity ratio in the current financial year. Second, certain provisions in the Central Budget for 2003-04, the company management believes, "augur well for demand for steel in the next 4-5 ... More

MICROSCOPE


ITC: Other income ensures profit growth
SLOWDOWN in sales growth and increasing losses in the consumer goods business pulled down ITC's operating profit growth in the quarter ended June 2003. However, surging other income has ensured that the net profit growth continues to be about 15 ... More

EAR TO THE GROUND


Rains cheer up Avon Organics
ABUNDANT rains during the past two weeks have brought investors flocking to the counter of the Hyderabad-based Avon Organics Ltd. According to dealers, the good monsoon is likely to boost sales of the company's Diketene derivatives - basic ... More

ON THE HEDGE


Infosys: Outlook positive, buy August 3500 calls
The following strategies are based on Friday's trading in the derivatives section on the NSE: Equity options Infosys: The outlook on this stock is positive. The call implied volatility (vols) has increased in recent times, ... More

SENSOR


Strong buying in heavyweights boosts Sensex
THE sustained buying interest in the index heavyweights - both old economy and new economy - contributed to a rally in the BSE Sensex for the second successive day. At the end of the day's trading, the Sensex closed 58.39 points (or ... More
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Looking back
Jul. 13-Jul. 19
Ray of hope at last on Tata Steel land-lease renewal

Fixing age limit for Air India air-hostesses — Perfection is in trifles, but it is no trifle

Govt in no mood for banking reforms

Misguided sympathy


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