Financial Daily from THE HINDU group of publications
Wednesday, August 03, 2005
Markets (August 2)
BL 2502374.87 (+38.68)
BSE Sensex7756.04 (+86.59)
S&P CNX Nifty2353.65 (+35.60)
US Dollar (Buy/Sell)43.49/43.62
Gold Std (10 gm)6145 (+35)

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FINANCIAL SCAN


Yuan revaluation will leave rupee cold
THE last few years have seen a steady appreciation of the rupee against the US dollar. From the depths of close to Rs 50, the Indian currency has climbed steadily to Rs 43.50 levels. "Steady" is the word - the Reserve Bank of India has ... More

REFLECTIONS


In a liquid state...
FOR long, the TV and print media have been takers of criticism. They have been accused of blowing up news and sometimes giving wrong news. After July 26, the drowning Mumbaikar will have a kind word for them with young female and male reporters ... More

ZERO BASE


Open source software is a movement that is gathering momentum
IT MAY be a matter of time before the Rs 9,990-price tag of HCL on the people's PC launched a couple of days ago loses its sheen, even as technology races to offer lower prices for a hungry market like India, and ... More

EAR TO THE GROUND


Bajaj Auto gains on rival's woes?
BAJAJ Auto is flying on the bourses on dealer views that troubles at rival Honda Motorcycles and Scooters India factory in Gurgaon will lead to better sales for the company this quarter. The counter also took refuge in the view that despite the ... More

ON THE HEDGE


Outlook may turn positive for Matrix Labs
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE. Nifty: Sell August futures if it trades below 2,349. The downside target is 2,342-2,336. Place the protective stop at 2,357. The minimum ... More

SENSOR


Pronounced rally in small, mid-cap stocks
IT was yet another day of bull run on the markets, which ended the day scaling a new high. While the large-cap stocks gathered momentum, the rally in the mid-cap and the small-cap stocks was more pronounced, which contributed to the overall ... More


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Top Stories
Marooned in Mumbai


Water storage level 25 pc higher than average in a decade — Oil seeds, rice coverage still lagging behind

Youth rescued from rare cancer caused by prevalent bacteria

Mumbai rain claims at 10,000 for Rs 1,500 cr

Markets under close watch: Chidambaram

ONGC may have to invest Rs 600 cr to rebuild Bombay High

Under-recoveries by oil cos may exceed Rs 40,000 cr: Aiyar

Rains wreak havoc — Maharashtra poultry industry in trouble

UB sets up airline co in US — Mallya's Children own 75 pc stake

In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jul. 24-Jul. 30
No smooth sailing for shipping supply-chain

Alliance bid adieu note

Yuan-rupee in focus as China is top imports source


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