The Hindu Business Line : Wednesday, October 29, 2003

Volatile movement
BEARS extended their pressure during the initial hours of Tuesday's trading activity. Thereafter, bulls took over and recouped their losses. However, bears managed to gain from the day's trading. The market sentiment reading of the tradable ... More

STOCK MARKETS

Smooth road ahead
THE stock of the Baroda-based automotive gasket maker, Banco Products, has suddenly become active. According to the market grapevine, a Mumbai-based broking house is quite bullish at that counter. The company makes gaskets for automobile ... More

Funds buying firms up Bharti Tele
THE stock of Bharti Tele-Ventures moved into stronger territory following sustained buying by funds on the bourses on Tuesday. Brokers said the counter was the subject of intense activity during mid-morning trades, with the stock hitting a new ... More

3 block deals boost Cummins scrip
THE Cummins India stock today spurted on the major bourses following a sudden emergence of block deals on the National Stock Exchange. Three block deals - two involving five lakh shares each and one for one lakh shares - catapulted the ... More

DERIVATIVES MARKETS

Outlook positive on HPCL, Polaris
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Equity options HPCL: The outlook on this stock is positive. The upside price target is Rs 366, but the stock can move to Rs 400 if ... More

COMMENTARY

Mild recovery in select pivotals
AFTER starting the week with a massive over 100-point crash on Monday, the markets witnessed a mild revival of demand in select pivotals. The overall sentiment in the stock markets seemed to have improved marginally after a few good corporate ... More

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