The Hindu Business Line : Friday, July 23, 2004

OFFHAND
Why not populism?
THE intrinsic aim of populism, as understood in the US where it had its origins in the latter part of 19th century, is to support the rights and powers of the common people in their struggle with the privileged elite. ... More

EAR TO THE GROUND
Reliance Ind firms up on global trend
THE counter of Reliance Industries was once again a major gainer among the index stocks. Stock price of the company gained 4.68 per cent at Rs 454.80 on the BSE with a volume of 49.16 lakh shares and on the NSE, it closed at Rs 454.90, up 4.74 ... More

ON THE HEDGE
M&M: Outlook positive, buy August futures
THE following strategies are based on Thursday's trading in the spot and the derivatives segments on the NSE: M&M: The stock closed at Rs 433 in the spot market. It has fallen from a recent high of Rs 525. A trend reversal appears to be ... More

SENSOR
Transaction tax cut brings cheer to markets
THE Government's decision to slash the transaction tax to 0.015 per cent appears to have cheered the day traders and institutional investors, as the secondary markets remained buoyant on Thursday. Good quarterly earnings recorded by some of the ... More

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