Financial Daily from THE HINDU group of publications
Saturday, February 09, 2002
Markets (Feb. 8)
BL 2501066.03 (+3.97)
BSE Sensex3493.92 (+56.98)
S&P CNX Nifty1123.75 (+13.30)
Dollar (Buy/Sell)48.65/48.78
Gold Std (10gm)4960 (+60)

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MARKETS

OPEN OFFERS


Tatas open offer for VSNL at Rs 202
THE Tata group today announced an open offer for 20 per cent of the equity share capital of Videsh Sanchar Nigam Ltd (VSNL) at Rs 202 per share. The offer follows the Tatas acquiring 25 per cent Government stake in VSNL through the bidding ... More

MUTUAL FUNDS


BoB Growth redemption price may stay at par
BANK of Baroda Mutual Fund's close-ended equity scheme, BOB Growth '95, is slated to come up for redemption during the end of current fiscal. The redemption price, it was hinted, may not be too far removed from the offer price of Rs 10 per ... More

TECHNICAL ANALYSIS


Bulls regain
BEARS failed to strengthen their grip on Friday's trading. Bulls regained their strength and were in total control of the day's proceedings. The market sentiment reading of the tradable counters stands mildly in favour of the bulls. Bull ... More

STOCK MARKETS


e-Serve International leaps on fund buying
THE share price of e-Serve International Ltd (formerly Citicorp Securities), an associate company of the Citibank Group, has more than doubled in the last three months on back of mutual fund buying and good prospects for the company's Business ... More

Twenty-First Century under CSE scrutiny
THE counter of Twenty-First Century (India) Ltd saw a record volume of around 1.09 lakh shares today at the Calcutta Stock Exchange. However, the price tumbled to close at Rs 30.40, against the previous closing of Rs 37.80. On Thursday it had ... More

Block deals in Sundram Fasteners
OVER four per cent of the paid-up equity of South-based auto-ancillary company Sundram Fasteners was traded today on the BSE. A total of 4,15,250 shares were traded today on the BSE with the company having 1.02 crore outstanding shares of Rs ... More

REGULATORY BODIES & RULINGS


Probe into KP cos: SEBI given 10-week deadline
THE Securities Appellate Tribunal (SAT) has asked the Securities and Exchange Board of India (SEBI) to complete the enquiry into alleged irregularities by the Ketan Parekh-controlled Triumph International Finance India Ltd within 10 weeks. Mr ... More

COMMENTARY


Index heavyweights buoy sentiment
THE stock markets were upbeat on Friday buoyed by index heavyweights HLL, ITC and Reliance. After some correction on Thursday, hopes of foreign fund inflows into the country following the recent positive moves taken by the ... More

Selling HLL 240 call may profit
ON the last trading day of the week, the option market for individual stocks at the NSE saw most of the calls gaining in value. The top traded equity options were on Satyam Computer, Sterlite Opticals, Hindustan Lever and Larsen and Toubro ... More

Karur Vysya shines on takeover talk
AFTER Bank Brussels Lambert intention to take control of Vysya Bank, another South-Indian bank Karur Vysya Bank was being rumoured to be on the acquisition list. The acquirers' names floating in the market include — HDFC Bank and ABN ... More


Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in

Top Stories
DOs reject phase-out plan; look to Ministry


`Teledensity to grow 4.5 pc this fiscal'

Marketers hardsell the Valentine Day's spirit

Rose exports up ahead of Valentine's Day

Defaulting States may get lower power allocation

Zuari-Chambal bids for Paradeep Phos

Rakesh Mohan proposals for Rlys shelved

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Jan. 27-Feb. 2
Institutional directors of Govt cos 'independent'

Reviving the market by IPOs

UTI writes off 50% of NPAs in monthly plans


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