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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OFFHAND


World conned
SO, WorldCom, the second largest long distance telecom giant, has fouled up the corporate carpet with the second largest accounting fraud of close to $4 billion! Unsurprisingly, the ominous and possibly collusive trail has once again led to ... More

SLOWBURN


Playing conspiracy sports
I LOVE conspiracies of all kinds. They keep us alert that subtle, underlying forces are at work to confuse and befuddle us. They are also meant to disillusion us. The favourite, `who shot JFK?' continues and will live for another 100 years. Was ... More

SAY CHEEK


Whirl called WorldCom
The news of the mega disaster is slowly trickling into the consciousness of people and they are waking up to ask some important questions. WorldCom? What sort of animal is this? Hey, wake up! We are talking of what could be the ... More

EAR TO THE GROUND


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

ON THE HEDGE


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

SENSOR


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
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