Financial Daily from THE HINDU group of publications
Friday, March 29, 2002
Markets (March 28)
BL 2501125.86 (+7.46)
BSE Sensex3469.35 (+10.27)
S&P CNX Nifty1129.55 (+6.20)
Dollar (Buy/Sell)48.76/48.89
Gold Std (10 gm)5010 (+60)

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Yadu Sugar open offer for 20 pc in Oswal Sugars
YADU Sugar Ltd and Mr Dharam Pal Singh, along with his family, are making an open offer to acquire an additional 20 per cent stake in Oswal Sugars Ltd. The open offer is over and above the acquisition of 37.83 per cent of the total voting ... More


ITC back again as pick of the funds
ITC dominated the portfolios of a select group of diversified, open-end funds in February, according to a survey by SKP Securities. Among the stocks that were held by seven or more funds in February, ITC commanded an average weightage of over ... More


FOR the second successive trading day, the market moved within a close band on Thursday. Bulls were successful in terminating most of the downtrend counters in the tradable list. The sentiment reading of the tradable counters stands neutral. Bull ... More


PSU stocks ride high on HZL divestment
STOCKS of almost all public sector undertakings rose on Thursday, the last trading day of the current fiscal, over the sale of the Government stake in Hindustan Zinc Ltd. Among the stocks that were in the limelight were BHEL, BPCL, IOC, IPCL, ... More

New circuit breaker system on SEs from Monday
STOCK exchanges will introduce index-based market-wide circuit breaker system from April 1. The circuit breaker will be triggered by the movement in either BSE Sensex or NSE S&P CNX Nifty, whichever is breached first. According to the BSE, the ... More

Zee Tele up on lottery show hopes
THE stock of the entertainment company, Zee Telefilms, has been on the rise. Market sources attribute it to the new lines of programmes that are slated to hit TV screens in the next few days. Dealers said that they were very optimistic about the ... More


Sell Nifty April 1200 call
CALL options gained in value on the settlement date in the derivatives segment on the National Stock Exchange. The top traded options were on Satyam Computer, Reliance Industries and Sterlite Opticals among others.
  • The April 300 call on ... More


    Action against Pagoda Forest
    THE Securities and Exchange Board of India (SEBI) has launched criminal proceedings against Pagoda Forest Ltd for violation of its Collective Investment Schemes. According to a SEBI release, Pagoda Forest raised Rs 65 crore from the investors ... More

    Creeping limit period extended
    THE Securities and Exchange Board of India (SEBI) has decided to continue with the ten per cent creeping acquisition limit for another six months, up to September 30, 2002. The creeping acquisition limit provided under Regulation 11(1) of the ... More


    Markets reverse downtrend as PSUs sizzle
    AFTER a four-day slide, the market inched up marginally on Thursday. The 30-stock benchmark Bombay Stock Exchange Sensex edged up by 0.30 per cent or 10.27 points to close at 3469.35 points after touching a high of 3499.53 points in intra-day ... More
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