Financial Daily from THE HINDU group of publications
Wednesday, December 03, 2003
Markets (Dec. 2)
BL 2501826.84 (-0.38)
BSE Sensex5186.08 (+25.23)
S&P CNX Nifty1658.50 (+0.85)
US Dollar (Buy/Sell)45.66/45.79
Gold Std (10 gm)6030 (+25)

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MARKETS

TECHNICAL ANALYSIS


Volatile movement
BULLS exerted further pressure during the initial hours of Tuesday's trading activity. Thereafter bears gained control of the day's proceedings. Neither the bulls nor the bears could gain much from the day's trading. The market sentiment reading ... More

STOCK MARKETS


Hardens on revamp talk
KALYANI Steels Ltd, a steelmaker of the Pune-based Kalyani group, is restructuring its business by merging Kalyani Ferrous Industries Ltd with itself and also paying off some of its debt. As part of the exercise, the company is planning to sell a ... More

Jain Irrigation promoters to divest 6.26 pc stake — Reinvest proceeds in pref issue
JAIN Irrigation Systemshas informed the stock exchanges that the promoters of the company plans to divest around 6.26 per cent (around 30 lakh shares) of their holding in the open market. The promoters will reinvest the sale proceeds into the ... More

Sustained momentum seen in Sesa Goa
RIDING piggyback on the recent firmness in iron ore prices, the stock of Sesa Goa has been witnessing sustained momentum on the bourses. In fact, the stock has appreciated significantly from a low of Rs 59.05 on the Bombay Stock Exchange in ... More

DERIVATIVES MARKETS


Tata Tea: Outlook positive, buy December futures
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Equity options Tata Tea: The stock closed at Rs 276.50 in the spot market. The stock could drift to Rs 342 during the trading ... More

COMMENTARY


Upward march continues after yo-yoing
AFTER opening the week on a strong note and totting up a massive two per cent (116 points) jump on Monday, the Bombay Stock Exchange's Sensex and the other major stock indices continued their upward march. However, Tuesday's movements in the ... More
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Mid-Term Monetary and Credit Policy for the year 2003-2004

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Top Stories
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Y&R tool looks to make market research dynamic

Sugar production seen lower by 20 lakh t — May dip further in long term

Falling prices push cement majors to cut production

Govt plans green channel for law-abiding exporters

Upward march continues after yo-yoing

In Focus
Outsourcing backlash
Stamp paper scam
Housing finance scenario
Insurance Round-up — 2003
Organic farming
The Cable tangle
Telecom Competition
Oil PSUs: Disinvestment dilemma
Rising intolerance
(The Hindu)
Vaishnavaite Temples in Tamil Nadu
(The Hindu)
Saivite Temples in Tamil Nadu
(The Hindu)

In Depth
Insurance Corner
Swati CA
Simple Economics
Slowburn
Tax Talk
NRIs & Investment Avenues
Iraq Diary

Looking back
Nov. 23-Nov. 29
Mutual funds on a stock selling spree

Mid-caps hold market; Spl margins hit sentiment

Shipping co stocks steam ahead

ID numbers for securities market players by March

Sensex crosses 5000 as bull run continues


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