The Hindu Business Line : Tuesday, October 28, 2003

Indraprastha Gas gets SEBI nod for IPO
INDRAPRASTHA Gas Ltd (IGL), a leading producer and marketer of compressed natural gas (CNG) for the automotive sector as also marketer and distributor of piped natural gas for domestic and commercial use, has obtained the approval of the ... More

Correction

STOCKS

MphasiS moving closer to overseas listing
THE MphasiS group has revisited its overseas listing plan following good business visibility, strengthening confidence in technology sector across global markets and near-term robust growth prospects, according to company sources. The proposed ... More

Special margin on 75 stocks
THE Bombay Stock Exchange (BSE) on Monday imposed special margins on 75 stocks, 21 of them belonging to the `A' group and including pivotal ones such as ACC, Satyam, Nalco and State Bank of India. The stock exchange said in an announcement ... More

TECHNICAL ANALYSIS

Bear domination
BEARS gained control of Monday's trading activity. Bulls were unable to make any impact during the day's trading. Monday's market action resulted in terminating most of the uptrend counters in the tradable list. The market sentiment reading of ... More

STOCK EXCHANGES

IndusInd Bank gets exchanges' nod to list new shares
INDUSIND Bank has received an `in principle' approval from the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for the listing of new equity shares arising out of the merger of the erstwhile IndusInd Enterprises and Finance Ltd ... More

STOCK MARKETS

Sensex loses 104 pts as investors turn cautious
MAJOR stocks wilted under sustained selling pressure from speculators as well as cautious investors who booked profits wherever they could and refrained from taking new exposures at overstretched counters. Even though the indices decidedly ... More

Graphite India hits 52-week high
THE Graphite India stock made gains on the major bourses in anticipation of a robust growth in Q2 bottomline, to be announced on Wednesday. The stock went up by 2.16 per cent to close at Rs 73.45, its 52-week high, on the NSE. On the BSE, it ... More

Cementing a league?
THE stock market grapevine is abuzz that cement makers are planning a price hike in Mumbai and surrounding markets. While a section of the market speculates that cement prices in the western region, currently in the range of Rs 120-125 per bag, ... More

Bharat Forge scrip rises on bonus buzz
RUMOURS of a bonus issue propelled the stock of Bharat Forge Ltd into higher ground on the bourses on Monday. The market grapevine was also abuzz with another probability, that of a stock split by the company being on the anvil to improve ... More

DERIVATIVES MARKETS

Outlook negative on BHEL, Satyam
THE following strategies are based on Monday's trading in the derivatives segment on the NSE: Equity options BHEL: The outlook on this stock is negative. The downside price target is Rs 373. The upside risk level is Rs 443. ... More

COMMENTARY

Tech stocks battered as correction mode returns
THE bullish tone set by trading on Diwali day proved to be a one-day affair with the markets back in the correction mode that it have been in since last week. Sensex opened above the level of 4,800 and meandered to higher levels briefly but ... More

Stock Quotes
SE Diary

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