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Monday, April 12, 2004

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GLOBAL FINANCE & OVERVIEW
Foreign capital and open societies
Building an open and competitive capitalistic India may not be achieved by keeping capital markets open to foreigners. This is not the same as arguing that keeping them closed would achieve those results. That would be a perverse interpretation. The conclusion is familiar but is worthy of repetition: India has to be built by Indians, says V. Anantha Nageswaran. More

A RINGSIDE VIEW
Infosys results, ONGC to guide direction
LAST week the market was cautious and the overall movement was somewhat flat as also the volume was relatively low. The prime indices - the Sensex and the Nifty — gained 50.37 points and 12.45 points respectively. The madcap stocks ... More

MUTUAL CONFIDENCE
UTI: More surprises in store
UTI Mutual Fund will not cease to surprise the market in the days ahead. The country's largest asset management company, which has already displayed enough signs of resilience, has maintained its lead over others of its ilk. It has also indicated ... More

ADR WATCH
Most counters end weak
AHEAD of quarterly results announcement from corporate majors such as Intel, Bank of America and Citigroup this week, the US markets were calm. The Dow Jones Industrial Average closed last week marginally lower by 0.33 per cent, the tech-focussed ... More

ERRORS & OMISSIONS EXPECTED
No need to ship your models from Mars
THERE was this `definitely male' bike ad, which used to make men worried about their equipment, while women seemed to be educated as to what to look for. "Wait, are our men so Neanderthal that they can relate only to images of virility and not ... More

MARK TO MARKET
Illiquid stocks — Call auction design may not help
SEBI proposes to revive trading in illiquid stocks. At present, there are about 5,000 such stocks on the Bombay Stock Exchange (BSE). The capital market regulator proposes to use call auction design for the purpose. But ... More




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