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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OFFHAND


Chintan baithaks
INDIA can take credit for building into the political system quite a few highly imaginative and inventive outlets for self-expression unknown elsewhere. Among those instantly coming to mind are zero hour, ... More

FINANCIAL SCAN


US Fed: New star on the horizon
HIS name is Mr Ben Bernanke. He was on the economics faculty of Princeton University before being drafted as a (permanent) voting member of the Federal Reserve Open Market Committee (FOMC), which decides on interest rate and monetary policy in ... More

REFLECTIONS


The action begins here
WEEK-ENDS are for unwinding. Last Saturday, was one such with a moody, July monsoon providing an edge to laziness and one decided to watch school football. Amit from Vizag joined in and we walked it to the Colgate-Mumbai School Sports Association ... More

EAR TO THE GROUND


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

ON THE HEDGE


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

SENSOR


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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