Financial Daily from THE HINDU group of publications
Wednesday, July 30, 2003
Markets (July 29)
BL 2501324.05 (+3.99)
BSE Sensex3764.44 (+24.68)
S&P CNX Nifty1174.75 (+5.55)
US Dollar (Buy/Sell)46.08/46.21
Gold Std (10 gm)5520 (+25)

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  • Canbank MF's interim for three schemes

    TECHNICAL ANALYSIS


    Bulls regain
    BEARS exerted further pressure during the initial hours of Tuesday's trading activity. Thereafter, bulls took over and recouped their losses. Bears were successful in reducing the bull count by a substantial margin. The sentiment reading of the ... More

    STOCK EXCHANGES


    Regional SEs plan special platform for small-cap cos
    AN exit opportunity for shareholders in infrequently traded companies may be just a couple of months away as regional stock exchanges and the Bombay Stock Exchange (BSE) are close to establishing a special trading platform for companies with a ... More

    STOCK MARKETS


    GTL shines on perception of under-valuation
    SHARES of GTL (formerly Global Tele) witnessed sustained support on the bourses on Tuesday. At the end of trading, the stock was up by almost 12 per cent on the BSE and NSE amidst huge volumes. While the stock has often been the focus of ... More

    Shot in the arm for pharma sector
    BOOSTER doses of outsourcing and patent access news in the recent months have made the stock market wake up to the unfolding Indian pharmaceutical story. According to Mr Devarsh Vakil, a pharma sector analyst, among all the Bombay Stock ... More

    Cadila in French deal?
    The stock market grapevine says that the Ahmedabad-based pharma major, Cadila Healthcare Ltd (Zydus Cadila), has acquired a French drug-maker for about $20 million. Even though market sources said a deal has been concluded or is close to being ... More

    DERIVATIVES MARKETS


    Outlook positive on L&T
    THE following strategies are based on Tuesday's trading in the derivatives trading on the NSE: Equity options L&T: The outlook on this stock is positive. The upside price target is Rs 325. The downside risk level is Rs 252. ... More

    COMMENTARY


    Sensex enthused by good quarterly results
    THE uptrend in the markets continued on Tuesday and the major indices recorded gains after being backed by good earnings numbers that are pouring in from the corporate sector. The Bombay Stock Exchange Sensitive Index (Sensex) closed higher ... More
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    TRAI bid to cut ADC may hurt BSNL's bottomline

    PSBs' education loans up 71 pc last fiscal

    Regional SEs plan special platform for small-cap cos

    Parliament clears Bill on Fiscal Responsibility

    Blackwill flays terrorism against India

    In Focus
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    In Depth
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    Simple Economics
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    Tax Talk
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    Corporate Governance

    Looking back
    Jul. 20-Jul. 26
    Free-float Sensex: HLL to lose weightage; HDFC may gain


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