Financial Daily from THE HINDU group of publications
Thursday, February 21, 2002
Markets (Feb. 20)
BL 2501107.36 (-7.70)
BSE Sensex3558.21 (-39.40)
S&P CNX Nifty1145.95 (-12.95)
Dollar (Buy/Sell)48.58/48.71
Gold Std (10 gm)4890 (-80)

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Bears march ahead
BEARS exerted further pressure on Wednesday's trading. However, the sentiment reading of tradable counters continues to remain neutral. Bear domination on Thursday is likely to change the sentiment in favour of the bears. On the other hand, the ... More


Letter that triggered CSE payment controversy
A LETTER written by the Calcutta Stock Exchange broker, Mr H.C. Biyani, remains at the core of the recent payments controversy on CSE and the subsequent legal tussle between IndusInd Bank and Stock Holding Corporation of India Ltd, it is now ... More


Do PSU stocks have some steam still left?
THE stock prices are on the rise and the public sector undertakings (PSU) stocks are red-hot. Since end-September 2001, the BSE PSU Index has risen by a staggering 56 per cent. In the same period, the BSE Sensex has risen only by 27 per cent. ... More

Block deals in Tata Elxsi
TATA Elxsi attracted several block deals today. On the BSE, the largest block deal was for a total of 1.06 lakh shares. The deal was struck at Rs 78.50 during the opening hour of trading. Another large block deal for 98, 472 shares was struck ... More

Titan Industries on buyers' list
THE Titan Industries stock seemed to be on the favoured list of most funds. The stock has been put on the market outperformers' list by some prominent mutual funds. Market sources say that the stock is expected to remain on the recommended `buy' ... More


Immediate outlook on Reliance looks negative
MOST equity calls ended in the negative territory on Wednesday's trading in the derivatives segment on the NSE. Here are some buy/sell strategies based on the day's trading: Equity options: The February 320 calls on Reliance Industries ... More


SEBI throws the book at Mallya, Chhabrias -- `Divest wrongfully acquired shares in Herbertsons'
SEBI said the case arose from allegations that Mr Mallya had transferred approximately 27 per cent of his shareholding (held in the name of various investment companies) in Herbertsons to the Kishore Chhabria group in 1993, bringing his shareholding down to 21.38 per cent. More

Creating confidence main task: Bajpai
"MY main objective would be to create investor confidence and bring back public participation in the risk capital.'' With these words, Mr G.N.Bajpai, today assumed charge as the SEBI Chairman. After taking charge from his predecessor, Mr D.R. ... More


`Defence' concerns weigh on market sentiment
THE markets ruled in the negative territory for the second straight day on Wednesday on concerns that the Government could increase defence spending by 30 per cent in the forthcoming Budget. Cement and technology counters showed weakness while ... More


Mehta in full sway
TALKING about everything from social service, self-hypnosis and shringar poetry to cricket and drip irrigation, the outgoing Chairman of the Securities and Exchange Board of India was on a roll today! After a seven-year tenure as a ... More
Stock Quotes
SE Diary
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Top Stories
Pranab prescribes spending spree to spur demand

SEBI throws the book at Mallya, Chhabrias -- `Divest wrongfully acquired shares in Herbertsons'

TRAI's green signal for Net telephony from April

PSU general insurers chart phased revamp

Farming technology fills in for child labour

Reliance, Bharti among 5 to get letters of intent for ILD

Unilateralism running amok -- Stop US before it wreaks havoc

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Feb. 10-Feb. 16
Open offers up despite fewer M&A deals

UTI market share dips below 50 pc in Jan

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