The Hindu Business Line : Tuesday, December 02, 2003

ABN-Amro to start MF
HAVING obtained approval from the Securities and Exchange Board of India (SEBI), ABN-Amro Bank N.V is all set to roll out its mutual fund by February 2004. The mutual fund will start with an equity capital of $6.25 million. ABN-Amro Bank N.V of ... More

TECHNICAL ANALYSIS

Bull onslaught
BULLS were in total command of Monday's trading activity. Bears continued to remain subdued. The market sentiment reading of the tradable counters stands totally bullish with all counters in the uptrend. Bear domination on Tuesday is likely to ... More

STOCK MARKETS

Sensex tops 5100; heavy buying in tech stocks
MAJOR indices touched record highs as heavy buying in technology stocks ignited a broad-based rally. The 30-share benchmark of the Bombay Stock Exchange, the Sensex, rose to a 44-month high of 5166.56 before settling down to close the day at ... More

Jaswant assures steps to curb insider trading
THE Finance Minister, Mr Jaswant Singh, has said that the Government will take "all necessary steps" to curb insider trading. Addressing the Parliamentary Consultative Committee of his Ministry here on Monday, Mr Singh said that that the human ... More

Block deals worth Rs 700 cr in ICICI Bank
BLOCK deals worth Rs 700 crore were witnessed in the ICICI Bank stock on Monday. This is perhaps the largest transaction to take place in one scrip on a single day. Brokers said four block deals were struck on the BSE in the first few minutes ... More

Value buying lifts Siemens to new high
THE Siemens stock on Monday moved up by around six per cent on major bourses with a surge in business volumes on value buying by portfolio management schemes of two leading brokerage firms as also some mutual funds. According to dealers, the ... More

MICO on FII buy list
AT a time when the entire stock market is bullish on the auto-component stocks on outsourcing development, one such stock that isbeingbought on some good fundamentals is MICO. The market talk is that the multinational is expected to show ... More

DERIVATIVES MARKETS

Oriental Bank: Outlook may turn positive
THE following strategies are based on Monday's trading in the derivatives segment on the NSE: Equity options Oriental Bank: The stock currently is trading at Rs 232 in the spot market. If the stock cuts Rs 243, it could move to ... More

COMMENTARY

Markets remain in buoyant mood
THE buoyancy in the markets continued with the indices gaining in excess of 2 per cent. The Sensex gained 2.3 per cent or 116 points and ended Monday at 5160.85 points. Traded volumes were 22.53 crore shares. The indices were swept by ... More

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