The Hindu Business Line : Saturday, December 27, 2003

Mutual fund AMCs double ad budgets
ADVERTISING agencies and media companies have been the unlikely beneficiaries of the current bull run on the stock markets. Keeping pace with soaring stock indices and prices, mutual fund AMCs have been launching new equity-linked schemes and ... More

SBI Mutual Fund to pay dividend
SBI Mutual Fund on Friday announced 20 per cent dividend for its Magnum Equity Fund and Multiplier Plus Scheme 1993, according to a company press release. The record date for the former is December 29 and the latter is January 19. It also ... More

STOCKS

Indraprastha Gas shares debut at 150 pc premium
SHARES of Indraprastha Gas Ltd (IGL) made their debut on the bourses today with the stock listing at a premium of almost 150 per cent at Rs 119.50 compared with the offer price of Rs 48 per share. The volumes, both on NSE and BSE, were high. On ... More

TECHNICAL ANALYSIS

Bull domination
BULLS dominated trading activity on Friday. Bears could not have any say during the day. The sentiment reading of the tradable counters stands bullish. Bear domination on Monday is likely to neutralise the sentiment reading. On the contrary, it ... More

STOCK EXCHANGES

Rally with participation across-the-board — Nifty steals show, hits all-time high
WITHIN a minute of the market opening on Friday, the Nifty crossed a landmark. The Nifty breached the previous all-time high of 1818.15 that it touched during intra-day trade at the height of the tech bull run on February 23, 2000. It closed at ... More

NSE rules favour sellers most in trade-to-trade
IF stock prices have risen by 40 per cent in two consecutive sessions it is beneficial for the seller not to deliver the shares, pay the penalty and yet make a profit. But this would be possible only on NSE's trade-to-trade (TTT) segment. This ... More

STOCK MARKETS

Consolidation prospects — Second-rung cement stocks move up 100-400 pc
THE second-rung cement stocks have consolidated their position during the current fiscal, moving up between 100 and 400 per cent on the bourses even though cement offtake in the market place has not grown much during this period. The price ... More

VSNL rises on value buying
Videsh Sanchar Nigam Ltd (VSNL) stock on Friday gained 14 per cent with a huge volume of 15.66 lakh, up from the previous trading day's 4.66 lakh shares, creating a new 52-week high at Rs 155.25 on the NSE. According to brokers, the stock is ... More

Cables stocks in buy list
THE counters of cables companies are being accumulated by a section of the market over the last one-week. Dealers said the accumulation is on back of large-scale investments in the power sector. The talk is that the cable industry stocks are ... More

REGULATORY BODIES & RULINGS

SEBI plans changes in ESOP norms
SEBI has proposed to streamline the employee stock option plan (ESOP) and employee stock purchase scheme (ESPS) guidelines in order to allow companies to file for in-principle listing approval anytime after the grant of options and before vesting ... More

COMMENTARY

Stocks continue upward march
THE Sensex closed marginally shy of the 5700-mark and the bullish undertone prevailed right through the trading session on Friday. The S&P CNX Nifty scaled to a new record intra-day high of 1840.35 points, breaching the earlier all-time ... More

Stock Quotes
SE Diary

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