The Hindu Business Line : Thursday, December 19, 2002

UTI leverages huge database
JUST imagine the power of a database of about 28 million mutual fund subscribers, who account for about 96 per cent of the country's mutual fund unit holders. And later leverage this huge database for marketing scores of financial services and ... More

Reliance fund raises Rs 230 cr
RELIANCE Short Term Fund has notched up subscriptions worth over Rs 230 crore, a press release from Reliance has said. The scheme, targeted at investors with short-term surpluses, was launched on December 9 Reliance Capital Mutual Fund now ... More

Birla Sun Life unit plans expansion
BIRLA Sun Life Distribution Company Ltd (BSDL), the 50:50 joint venture between the Rs 26,500-crore Aditya Birla group and the Canada-based US $ 223-billion Sun Life Financials, has chalked out expansion plans aimed at emerging as the leading ... More

TECHNICAL ANALYSIS

Narrow movement
WEDNESDAY'S trading activity witnessed narrow movement. Prices of the tradable counters moved within a close band. Neither the bulls nor the bears could gain much from the day's trading. The sentiment reading of the tradable counters remains ... More

STOCK MARKETS

FII factor raises interest in SBI
THE stock price of country's largest bank, State Bank of India (SBI), gained today on media reports that the Government would exclude the bank's Global Depository Receipts (GDRs) from the FII limit. Currently, the FII limit for SBI stock is 20 ... More

HCL Tech jumps on restructuring
THE stock of HCL Technologies today flared up on the stock exchanges on the company's announcement of a major restructuring plan. The stock, after touching the day's high at Rs 193.80, closed at Rs 191.70 on the Bombay Stock Exchange against ... More

DERIVATIVES MARKETS

SEBI issues norms on derivative products
THE Securities and Exchange Board of India (SEBI) today said stock exchanges can introduce stock options and futures for unlisted companies coming out with initial public offering if the net public offer is Rs 500 crore or more at the time of its ... More

Hold Satyam Jan 280 puts
THE follow-up strategies listed below are based on Wednesday's trading in the derivatives segment at the NSE: Equity options Satyam Computer: The outlook on this stock remains negative. The downside price target is Rs 257. The ... More

COMMENTARY

Dr Reddy's gives a shot in the arm for markets
SHAKING off a two-day slump, stock prices of pivotals rose on Wednesday. The BSE Sensex closed the day with a gain of 0.67 per cent. The Nifty ended with a lower gain of 0.32 per cent, primarily because of the decline in the share price of Wipro, ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Top Stories
Cony Bio catching on

LG Electronics launches CDMA handsets

Higher interest rate for senior citizens — Does it send the right signals?

Coca-Cola may dump Life ho to aisi campaign — Thanda matlab rural campaign top draw in urban areas too

SEBI issues norms on derivative products

Rs 11,000-cr gap in direct tax collections

`Kautilya's may be alternative model'

Withering orders dry up flower exporters' coffers

In Focus
Inside China