THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, October 23, 2000

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Markets

Mutual Funds
Busy at `bottom-fishing'?
MUTUAL funds are quick learners. Equity funds seem to have learnt to live with volatility, although this has made them pay a rather heavy price. Volatility has taken a toll on even the most diversified of funds, as evident from free-falling NAVs.

Stocks
A Diwali sans fireworks
DIWALI this year is going to be different for stock brokers, punters, investors and institutional investors alike. Different because the market appears confused and directionless on the eve of the new year and no one seems to have any clue about which wa y the market would move during muhurat trading on Thursday.


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