The Hindu Business Line : Saturday, September 21, 2002

Fund managers see short-term impact
"The only unfortunate part is that it is little bit of bad news on the business front, impacting sentiment in the short-run." More

More players qualified to offer pension products
The regulatory authorities had already placed their views on ways to push ahead with the reforms and a broad roadmap would now have to be developed. More

TECHNICAL ANALYSIS

Bears march ahead
BEARS exerted further pressure over the initial hours of Friday's trading activity. Later on, bulls managed to make a partial recovery. The sentiment reading of the tradable counters stands strongly bearish with all the counters in the downtrend. ... More

STOCK EXCHANGES

Revised NSE trade timings for Sept 24 - October 9
THE National Stock Exchange (NSE) has revised trade timings for the period between September 24 and October 9 due to sun outage. The NSE said in a statement that trading would remain closed between 1125 hrs and 1200 hrs for the above period ... More

STOCK MARKETS

Markets shrug off downgrade
PERHAPS, the rating agency Standard and Poor's (S&P) chose the wrong day to downgrade India. On a day when Mumbai, the country's financial capital, was paying obeisance to the elephant-headed Ganesha - the God who removes all obstacles - ... More

FII selling impacts Dr Reddy's Lab
PHARMA stocks continued to remain on the sellers' list. Among them was Dr Reddy's Laboratories. There were talks in the market that a leading FII was a seller in the counter. Dealers said that the stock had been continuously falling over the last ... More

Takeover code violations — Sharp drop in Ranbaxy on heavy selling
THE Delhi-based pharmaceutical major Ranbaxy Laboratories fell today following reports on violations of the takeover code regulations. The stock witnessed dumping of the company's shares by most investors including foreign institutional ... More

Only genuine callers in Bharti Tele stock?
THE stock of Bharti Tele-Ventures has been hovering around the Rs 32 level for quite sometime with occasional movement on either side. Of late, there have been some sharp spurts in trading volumes too. The stock today closed higher at Rs 33.80 ... More

DERIVATIVES MARKETS

Long Oct puts on BPCL may be rewarding
THE following are some buy/sell strategies based on Friday's trading in the derivatives segment at the NSE: Equity options BPCL: Leading indicators point to this stock moving up, but the upside may well be transitory. The price ... More

COMMENTARY

Infotech stocks recoup early losses
THE benchmark BSE Sensex slipped for the third consecutive day on Friday and ended the week in the negative territory. This followed the global rating agency Standard & Poor's cutting the country's local currency debt ratings to `junk'. The ... More

IPOS

Hyundai pulls the plug on IPO plan
THE current bear phase in the stock markets marked by extreme volatility and unpredictability has claimed what probably could be one of the first casualties in the initial public offering (IPO) market. Hyundai Motor India Ltd (HMIL), the ... More

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