Financial Daily from THE HINDU group of publications
Wednesday, March 24, 2004

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MUTUAL FUNDS
Tata Mutual plans Fund of Funds eyeing various age groups
TATA Mutual Fund has worked out a Fund of Funds (FoF) — Tata Plan Your Saving Fund — with four plans targeted at investors in divergent age groups. The asset allocation strategies will enable investors to deploy their savings across ... More

TECHNICAL ANALYSIS
Bear run arrested
THE sentiment reading of the tradable counters stands strongly bearish with no uptrend counters. Bull domination on Wednesday is likely to reduce the bear count by a considerable margin. Otherwise, the prevailing bearish sentiment is likely to ... More

STOCK MARKETS
Dipping freight rates sink shipping stocks
THE softening of the global freight rates, after they touched dizzy peaks in January and February, has triggered off sustained selling in shipping companies' stocks, resulting in their prices falling between 24 and 53 per cent. Stock prices of ... More

Confusion in choppy market
EQUITY investors are a bewildered lot. While jumpy indices have drawn worry lines on their brows, rumours of "index management" by a few are compounding investors' confusion. According to a source, daily FII investment numbers — an ... More

Financial Tech regains market interest
THE Financial Technologies counter today saw return of some investment interest on the BSE. The stock closed at Rs 67.15 (Rs 66.60), partly due to its imminent transfer to B1-category from the Z-group from March 1 and partly because of the ... More

Hopes of tractor price increase lift M&M
BACKED by declining inventory levels in the tractor segment and a probable increase in tractor prices later this month, the stock of tractor major M&M has been generating some amount of interest on the bourses. According to market rumours, the .. More

COMMENTARY
Sensex ends in positive zone thanks to Infosys
AFTER the steep correction on Monday, the markets staged a rebound, albeit of a moderate magnitude, which saw the Sensex breach the 5400-mark. Infosys Technologies, Reliance Industries, HDFC and Bharti Tele-Ventures were the ... More

IPOS
Data Access IPO at Rs 17-20 price band
INTERNATIONAL long-distance service provider Data Access plans to raise Rs 100 crore from the company's forthcoming IPO which opens on March 29 and closes April 5. The proceeds would be utilised to expand and upgrade the company's telephony ... More

PUBLIC OFFER
`NRI investors not getting public issue forms on time'
NRI investors are being denied a great opportunity to participate in the disinvestment programme in India merely because they are not receiving public issue application forms on time in order to meet the deadline, according to a NRI welfare ... More


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