The Hindu Business Line : Thursday, September 04, 2003

Pharma sector poised for a major lift
NET asset values of growth funds have been moving up on the back of select pharmaceutical counters even as the pharma sector is being regarded by many as one that looks poised for a major lift. Valuations recorded in the recent past have made a ... More

TECHNICAL ANALYSIS

Bear domination
BEARS gained control of Wednesday's trading activity. This resulted in increasing the bear count by a considerable margin. The sentiment reading of the tradable counters stands mildly in favour of the bulls. Bear domination on Thursday is ... More

STOCK MARKETS

Selling pressure halts rally; Sensex loses 81 points
WIDESPREAD selling today stopped stocks from continuing a rally that stretched for six days in a row. The benchmark indices of the National Stock Exchange (NSE) as well as the Bombay Stock Exchange (BSE) lost between 1.5 per cent and 2.2 per cent ... More

Fertiliser stocks feed on monsoon, divestment
FERTILISER stocks, especially PSUs, shot into the limelight on Wednesday over a good monsoon and disinvestment hopes in various State-owned fertiliser companies. Brokers said the report of the due-diligence exercise in Madras Fertilisers had ... More

Tata Motors tag aids gain
STOCK of auto-ancillary company Automobile Corporation of Goa has been gaining over the last few months. Even on the day when most of the stocks fell there was active buying in the counter. Dealers said the interest in the stock is mainly due ... More

Esab India hits 52-week high on turnaround hopes
THE Esab India stock today touched its 52-week high at Rs 57 on stepped up buying reportedly by a section of the domestic mutual funds. The stock, however, closed lower by 9.2 per cent on profit-taking at Rs 49.35 on the BSE. The stock has ... More

DERIVATIVES MARKETS

ICICI Bank: Outlook positive; buy September 180 calls
The following strategies are based on Wednesday'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 205. The downside-risk level is Rs 170. ... More

COMMENTARY

All-round losses in last-hour correction
AFTER a strong rally the week before, the enthusiasm appears to be bottoming out this week. Trading was subdued in the last two days of the week too. On Wednesday, the market opened on a positive note and remained firm through out the day ... More

IPOS

B.A.G looks to expand, plans to enter film making
B.A.G Films Ltd, which is entering the capital market with its initial public offering (IPO), is looking at expanding its businesses, moving into films apart from production of television content. At present, the company is primarily into the ... More

INVESTOR PROTECTION

Beware of market hype, says Bajpai
The bull run in the capital markets has made the market regulator concerned about investor safety. Consequently, the `super cat' is gearing up to `smell the rat', if any, as early as possible and initiate effective measures to ensure safety of ... More

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