The Hindu Business Line : Tuesday, August 19, 2003

Institutional option from Sundaram MF
SUNDARAM Mutual has introduced a new institutional option on its fixed income product, Sundaram Bond Saver (SBS). A Sundaram Mutual press release said the new option would be available for purchase on an on-going basis effective August 19. ... More

TECHNICAL ANALYSIS

Bulls dominate
BULLS were in total control of Monday's trading activity. Their dominance left the bears stranded. Monday's market action resulted in terminating most of the downtrend counters in the tradable list. The market sentiment reading of the tradable ... More

STOCK EXCHANGES

Way paved for SEs' demutualisation, corporatisation — Lok Sabha passes Securities Bill
THE Lok Sabha on Monday passed without discussion a crucial Securities Laws (Amendment) Bill that would facilitate the structural transformation of stock exchanges from the existing mutual organisational form to a demutualised state. The Bill ... More

STOCK MARKETS

Record 471 stocks hit upper circuit on BSE
EVEN as the Sensex moved close to the 4,000 level, there seems to be aggressive buying across-the-board with every fifth stock traded on the BSE today hitting the upper circuit filter. In circuit filter, a stock cannot rise or fall beyond a ... More

Bajaj rides high with the Wind
BAJAJ Auto today hit a 52-week high on the bourses on sustained buying support on Monday. The stock has appreciated more than 50 per cent over the last four months. According to the market grapevine, the likelihood of the company outperforming ... More

BHEL gains on fund buying
THERE has been aggressive buying in the public sector BHEL counter. The stock saw good buying on Monday. Dealers said there are various factors for the buying in the counter. One factor is the interest in the stock of companies that are into ... More

DERIVATIVES MARKETS

ICICI Bank: Outlook positive, buy Aug futures
The following strategies are based on Monday's trading in the derivatives segment on the NSE: Equity options ICICI Bank: The outlook on this stock is positive. The upside price target is Rs 180. The downside risk level is Rs ... More

COMMENTARY

Market SAILs on steel stocks show
THE markets opened for the week with a strong bullish note. The Sensex opened the day firm and closed the day higher by 56.53 points at 3977.73 points. The S&P CNX Nifty rallied to close at 1281.40 points, gaining 33.65 points. Out of the ... More

Stock Quotes
SE Diary

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