The Hindu Business Line : Wednesday, July 16, 2003

Wasteful rituals
WHEN the United States emerged after the Declaration of Independence in 1776, the first thing that the founding fathers did was to do away with the elaborate rituals, dress codes and titles that the British had ... More

FINANCIAL SCAN

Prospective data keep markets on edge
The best indicators of prospects for the near future will be last quarter's corporate results and guidance, which will stream in from this week. More

EAR TO THE GROUND

FII buying in bank stocks
FOREIGN institutional investors were seen picking up banking stocks towards mid-day and then in late trade on Tuesday. Local funds, however, were selling bank stocks, dealers said. Much interest was seen in industry leader State Bank of India. ... More

ON THE HEDGE

HCL Tech: Outlook positive, buy July futures
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Equity options HCL Technologies: The outlook on this stock is positive. Note that there has been a gradual decline in the put-call ... More

SENSOR

IT stocks turn weak; Mastek sinks
THE stock market was unable to sustain the gains recorded on Monday. The 34.41 point decline in the Sensex on Tuesday wiped out more than 50 per cent of the gains recorded yesterday. The index closed at 3686.34. The S&P CNX Nifty was down by ... More

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