Financial Daily from THE HINDU group of publications
Friday, June 28, 2002
Markets (June 27)
BL 2501121.70 (+8.32)
BSE Sensex3217.15 (+36.26)
S&P CNX Nifty1048.55 (+4.35)
Dollar (Buy/Sell)48.79/48.92
Gold Std (10 gm)5300 (-30)

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MARKETS

TECHNICAL ANALYSIS


Bulls prevail
BULLS prevailed over Thursday's trading activity. This resulted in terminating most of the downtrend counters in the tradable list. Bears were unable to make any recovery during the day's trading. The market sentiment reading of the tradable ... More

STOCK MARKETS


Fund interest props up HCL Tech
HCL Technologies has been moving up steadily on sustained institutional interest at lower levels over the past few days. Two leading foreign funds have reportedly mopped up shares at this counter on Thursday. The stock hit the upper limit on ... More

Aban Loyd buoyant on merged strength
THE stock of Chennai-based Aban Loyd Chiles Offshore has been rising more or less steadily since early March and in the last four months, it has moved up by over 150 per cent. On Thursday, it closed with an intra-day gain of around 10 per cent ... More

DERIVATIVES MARKETS


Sell Satyam 240 call
THE cash market ended the day on a positive note. The June maturity contracts expired during the day. Now, the July contract moves into the one month trading range. Traders, who were long calls, would have seen their position gain value during ... More

COMMENTARY


FII buying lends support to recovery
AFTER staging a decline for the last three trading days, the BSE Sensex reversed course on Thursday, appreciating by 36.26 points (or 1.14 per cent) to close for the day at 3217.15 points. Click here for table The ... More

IPOS


Canara Bank plans IPO in Q3
THE public sector Canara Bank has proposed to go ahead with its much-delayed Rs 110-crore public issue, towards the third quarter of this financial year. Speaking to presspersons after the launch of the bank's technology banking initiative, Mr ... More

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