Financial Daily from THE HINDU group of publications
Tuesday, December 23, 2003
Markets (Dec. 22)
BL 2502014.83 (+19.54)
BSE Sensex5577.96 (+36.61)
S&P CNX Nifty1789.15 (+10.60)
US Dollar (Buy/Sell)45.52/45.66
Gold Std (10 gm)6110 (+10)

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MUTUAL FUNDS


As indices move up... Investors given to booking profit in equity funds
INVESTORS in equity funds are increasingly taking home some of the gains they have recorded from a bubbly stock market. There is serious profit booking happening every time the indices are moving up, a phenomenon that is being experienced with ... More

TECHNICAL ANALYSIS


Bull domination
BULLS continued their domination on Monday, extending their strength over the market. Bears could not gain much from the day's trading activity. The sentiment reading of the tradable counters remains bullish. Bear domination on Tuesday is likely ... More

STOCK MARKETS


Bank stocks gain on M&A talk
THE bank stocks, both private and public sector, were back in flavour on Monday with volume in most of the stocks rising sharply. There were several factors for the interest in the bank stocks. Brokers said in the current rally bank stocks did ... More

Institutional investors' choice
SOME institutional investors are again accumulating the stock of auto component company Amforge Industries. There are various factors for the interest of these investors. Dealers said the focus of Bharat Forge in the export market is turning ... More

Ingersoll Rand picks up 3 pc stake in IIEL
INGERSOLL Rand (India) Ltd has picked up 3 per cent stake in an all-cash direct deal in Indian Infrastructure Equipment Ltd (IIEL), a nation-wide construction equipment rental/leasing company controlled by the Srei group. Mr Sunil Kanoria, ... More

INTERVIEW


`Ours is a meaningful MIP'
Look at the performance of the funds for the duration that you wish to invest in, not at short-term performances of products that are not fundamentally short term. More

COMMENTARY


Bank scrips' stock up on block deals
THE indices continued their upward tread for the third day on Monday. The Sensex climbed higher to close at 5577.96 points, gaining 36.61 points. It opened the day firm at 5547.68 points (up by 6.33 points) and touched an intra-day high of ... More
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Mid-Term Monetary and Credit Policy for the year 2003-2004

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Top Stories
Sundram Fasteners completes UK plant acquisition


Cognizant planning $40-m ramp-up, to hire 4,000 more

An eventful year for Contract Advertising

Patents (Amendment) Bill introduced

Contributory pension system: Approach with caution

In Focus
Stocks: Dizzying Heights
Steel Industry in 2003
Outsourcing backlash
Stamp paper scam
Housing finance scenario
Insurance Round-up — 2003
Organic farming
The Cable tangle
Telecom Competition
Oil PSUs: Disinvestment dilemma
Rising intolerance
(The Hindu)
Vaishnavaite Temples in Tamil Nadu
(The Hindu)
Saivite Temples in Tamil Nadu
(The Hindu)

In Depth
Insurance Corner
Swati CA
Simple Economics
Slowburn
Tax Talk
NRIs & Investment Avenues
Iraq Diary

Looking back
Dec. 14-Dec. 20
Mumbai regains ground in NSE turnover

SEBI panel moots curbs on stock split

ONGC market cap crosses Rs 1 lakh cr

Asset management cos rake in profits in H1


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