Financial Daily from THE HINDU group of publications
Tuesday, August 13, 2002
Markets (Aug. 12)
BL 2501061 (+8.31)
BSE Sensex3007.85 (+31.51)
S&P CNX Nifty969.85 (+7.90)
Dollar (Buy/Sell)48.57/48.70
Gold Std (10 gm)5220 (+85)

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On pins & needles
MADAME Defarge was known for her knitting. A notorious exercise that wove the names of those to be guillotined. A Tale of Two Cities talks about the knitted register into which she would knit her victims' names, one by one. Whoever wound ... More

EAR TO THE GROUND


FI interest in Shyam Tele?
SHYAM Telecom witnessed some buying interest from institutional investors, besides increased interest from operators. According to dealers, there were rumours about a large corporate house picking up stake in the company, which provides fixed ... More

ON THE HEDGE


Buy Tata Steel 120 puts
THE following are the buy/sell strategies based on Monday's trading in the derivatives segment at the NSE: Equity options: The outlook on Tata Steel appears negative. Consider buying the August 120 puts, which are trading cheap in terms ... More

SENSOR


Across-the-board gains trigger moderate rally
POSITIVE news about the progress of the monsoon triggered a moderate rally in equities on Monday. Buying across-the-board pushed the market indices to a higher level and the BSE Sensitive Index closed at 3,007.85 points, higher by 31.51 points ... More
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