The Hindu Business Line : Thursday, October 16, 2003

Get all those ASIs ASAP
THE Archaeological Survey of India is ASI, so is American Sightseeing International, Actuarial Society of India and so forth. As a new jargon in the world of Indian accounting, ASI is Accounting Standards ... More

ON MINT STREET

No trickledown yet of falling rates
THERE is some talk on the merits of the central bank switching to a floating or daily repo rate as the extant 4.5 fixed repo rate is providing some players with assured returns. Some bankers think that the Reserve Bank of India (RBI) could ... More

EAR TO THE GROUND

Reliance rises ahead of results
THE counter of index heavyweight Reliance Industries saw active buying in the last couple of hours of trading on Wednesday. The purchase was mainly from select informed buyers. Active buying in the counter was ahead of the company's second ... More

ON THE HEDGE

Outlook negative on Bharat Electronics, Punjab National Bank
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Equity options Bharat Electronics: The outlook on this stock is negative. The downside price target is Rs 450. The upside risk ... More

SENSOR

Dramatic recovery after initial hiccups
THE weakness and the recovery during the trading session on Wednesday in both the benchmark indices — BSE Sensex and S&P CNX Nifty — can only be termed as dramatic. Opening firm at 4790.50 (up 9 points), the Sensex dipped to 4762 ... More

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