Financial Daily from THE HINDU group of publications
Friday, November 07, 2003
Markets (Nov. 6)
BL 2501775.04 (+12.31)
BSE Sensex5047.54 (-17.37)
S&P CNX Nifty1612.20 (+3.05)
US Dollar (Buy/Sell)45.26/45.39
Gold Std (10 gm)5730 (-5)

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OFFHAND


Outsource or perish!
OUTSOURCING is being viewed by politicians, legislators, media and the public in the US as an unmitigated evil. Even academics who ought to know better have been denouncing it as the cause of layoffs of American ... More

FOCUS


`Monsoon effect' yet to kick in for urea producers
IT is tempting to attribute the good showing by companies manufacturing urea in the quarter ended September to the "monsoon" effect. But a closer look at the numbers suggests that leading companies such as Tata Chemicals, Indo Gulf Fertilisers ... More

EAR TO THE GROUND


Institutions drive up Escorts
TWO big domestic mutual funds were seen accumulating the shares of two-wheeler and tractor maker Escorts Ltd. Later in the day a foreign fund also stepped in at the counter, market sources said. According to dealers, the funds are betting on ... More

ON THE HEDGE


Construct Nov bull call spread on HPCL
THE following strategies are based on Thursday'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 353. The downside risk level is Rs 313. ... More

SENSOR


Sensex continues on downslide
FOR the second successive day, the Sensex ended in the negative territory, shedding 17.37 points (or 0.34 per cent) to close at 5047. 54 points. In contrast, the S & P CNX Nifty closed in the positive territory, appreciating by 3.05 points (or ... More
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Outsource or perish!

`Monsoon effect' yet to kick in for urea producers

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