The Hindu Business Line : Thursday, September 18, 2003

News Corp arms get SEBI waiver for Hughes Soft open offer
THE subsidiary companies of News Corporation Ltd have been granted exemption by the Securities and Exchange Board of India (SEBI) from making an open offer for shares of Hughes Software Systems Ltd, following the News Corp group's proposed ... More

MUTUAL FUNDS

Reliance Capital MF aims to be among top three
RELIANCE Capital Mutual Fund (RCMF) aims to be among the top three mutual funds of the country in the next few years. RCMF, which has a strong footing in the debt market, is also watching the unfolding scenario in the pension fund market and ... More

TECHNICAL ANALYSIS

Volatile movement
BULLS exerted further pressure during the initial hours of Wednesday's trading activity. Thereafter, bears gained control of the day's proceedings. However, the sentiment reading of the tradable counters stands bullish. Bear domination on ... More

STOCK MARKETS

Block deal in ING Vysya
THE South-based private sector bank ING Vysya Bank saw a block deal of 5.42 lakh shares in afternoon trade on the BSE on Wednesday. According to dealers, a Mumbai-based brokerage house did the deal at Rs 465 per share. They said the ... More

Focused buying jacks up Infotech Enterprises
THE Infotech Enterprises stock on Wednesday saw a surge in volume and prices on major bourses on focused buying by a set of investors and operators. The stock closed some 15 per cent higher at Rs 146.35 on the Bombay Stock Exchange with a ... More

DERIVATIVES MARKETS

Tata Motors: Outlook positive, buy Oct futures
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Equity options Tata Motors: The outlook on this stock is positive. The upside price target is Rs 310. The downside risk level is Rs ... More

REGULATORY BODIES & RULINGS

Beware! SEBI can track you by your fingerprints
IF you're a participant in the securities market, you may soon be tracked and identified by your fingerprints. The Securities and Exchange Board of India is understood to be working on a system that enables fingerprint identification of all ... More

SEBI restraint on Punjab National Bank branch
A BRANCH of Punjab National Bank has been debarred from carrying out activities as `Banker to an issue' for a period of two months by a Securities and Exchange Board of India (SEBI) order of September 10 . The bar is for two months and has ... More

COMMENTARY

PSU stocks take a pounding
THE markets opened on a bullish note maintaining the previous day's momentum, before slowly losing steam through the day. The enthusiasm melted towards the end of the day as the Sensex dropped to close at 4235.35 points, losing 39.40 points as ... More

Stock Quotes
SE Diary

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