Financial Daily from THE HINDU group of publications
Saturday, February 23, 2002
Markets (Feb. 22)
BL 2501122.62 (+12.94)
BSE Sensex3604.08 (+33.62)
S&P CNX Nifty1163.50 (+13.65)
Dollar (Buy/Sell)48.72/48.80
Gold Std (10 gm)4890 (+20)

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US acquisition top priority -- Orient Info defers GDR plan
ORIENT Information Technology has delayed its plan for a Global Depository Receipts (GDR) issue. The company, which had initially said that it was planning to list its GDR on the London Stock Exchange by mid-February, now says the listing will ... More


Corpn Bank to sell LIC Mutual products
CORPORATION Bank has tied up with LIC Mutual Fund to market the fund's products through its branches. The bank signed a memorandum of understanding with LIC Mutual Fund (LICMF) for distributing MF products on Friday. The arrangement will ... More


Bull domination
DURING the opening hour of Friday's trading, bears exerted pressure but failed to sustain it. Bulls made a strong come back to end up the day with substantial gains after wiping out their losses. However, the sentiment reading of the tradable ... More


Market loses interest in Bharti Tele scrip
IN just five days after listing, the market seems to have lost interest in Bharti Tele-Ventures Ltd (BTVL) scrip. This was evident from the sharp fall in trading volumes in the first five trading sessions, despite the active participation from ... More

Financial Tech gains on new moves
FINANCIAL Technologies (formerly Worldwide Technologies) has been active in the last few days. The market grapevine has it that the company is expected to announce new business initiatives shortly. Among them is a forex trading platform, which ... More


ACC: Profit from high implied volatility and time decay
FRIDAY'S trading in the derivatives segment at the NSE saw equity calls on Satyam hog the limelight. Here are some buy/sell strategies based on the day's trading: Equity options: The February 110 calls on Tata Steel clocked the highest ... More


SEBI changes insider trading regulations
THE Securities and Exchange Board of India (SEBI) today notified the changes in the insider trading regulations. These changes have been made following the recommendations of the Kumar Mangalam Birla committee. The revised regulations come ... More


Steel stocks steal the show on Budget hopes
BUDGET expectations and the recently-announced policy initiatives continued to drive the stock market during Friday. The last trading day of the week witnessed speculative interest peaking in steel and bank stocks. However, the weak sentiment in ... More
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Top Stories
Top IT cos lean heavily on five major clients

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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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