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Friday, July 02, 2004

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TECHNICAL ANALYSIS
Bull onslaught
THE sentiment reading of the tradable counters stands bullish. Bear domination on Friday is likely to change the sentiment reading in their favour. Otherwise, the prevailing bullish sentiment is likely to be further strengthened. Nifty ... More

STOCK MARKETS
Fed rate hike pushes up banking stocks
THE banking stocks on Thursday spurted on major bourses on re-emergence of interest from a section of investors on the back of moderate Fed rate increase. According to brokers and dealers, the market had already discounted 25 basis points rise ... More

Strong orders sweeten Praj Industries
ENGINEERING company Praj Industries Ltd shares are on the rise in the last one week on the back of good orders it has bagged in the last six months as well as on expectation of good financial results for the first quarter. The stock price of ... More

Oil & gas stocks rise
There was across the board buying in most of the public sector oil and gas companies shares on Thursday. Dealers said interest in these stocks started after a European broking firm released a report on the sector on Thursday saying all is not ... More

DERIVATIVES MARKETS
Open positions jump in Arvind Mills, Tata Motors
TRADING activity is slowly picking up in the derivative segment on the NSE ahead of the Union Budget, which is scheduled for July 8. The F&O segment saw a turnover of Rs 7,690 crore on Thursday against the previous day's figure of Rs 7,439 ... More

COMMENTARY
PSU stocks back in limelight
POSITIVE sentiments that prevailed on the market helped the benchmark BSE Sensex closed the day on a positive note. Propelled by the buying interest in key index heavyweights and PSU stocks, the 30-stock index was up 78.59 points (1.64 per ... More


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