Financial Daily from THE HINDU group of publications
Thursday, April 25, 2002
Markets (April 24)
BL 2501148.47 (+6.63)
BSE Sensex3411.92 (+8.10)
S&P CNX Nifty1110.60 (+4.60)
Dollar (Buy/Sell)48.93/49.06
Gold Std (10 gm)5090 (+40)

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Sideways movement
FOR the second successive trading day, the market moved within a narrow band. However, bulls managed to increase the bull count by a considerable margin. The sentiment reading of the tradable counters changed in favour of the bulls. More


Nasdaq ready to handhold IT firms
NASDAQ is willing to handhold Kerala-based IT companies to a prospective listing on the technology-laden exchange in the US, according to Mr Ghanshyam Dass, Director of the exchange's South Asian office in Bangalore. "I personally feel that ... More


Aventis Crop up on open offer talk
THE share price of Aventis Cropscience increased sharply in Wednesday's trading. On BSE, it ended 12.08 per cent higher at Rs 179.50 with a volume of 1.41 lakh shares. On NSE, it closed at Rs 178.90, up 11.91 per cent with a volume of 1.59 ... More

Informed buying in KPIT Info counter?
KPIT Infosystems' proposal to merge Cummins Infotech with itself has raised the question whether a section of the market was aware of the plan much earlier. KPIT, the Pune-based company, informed the stock exchanges on Tuesday that the board ... More

Sharp rise in Hughes Tele volumes
THE shares of Hughes Telecom India Ltd (HTIL) today witnessed a sharp rise in trading volumes following the announcement of possible alliance between the Tatas and Hughes Network Systems. The volume increased to 30.95 lakh shares on BSE from ... More


Sterlite: Limited upside from current levels
MOST equity calls on top-traded contracts ended lower on Wednesday's trading in the derivatives segment at the NSE. The following are some buy/sell strategies based on the day's trading: Equity options: Calls on Satyam finished lower in ... More


Govt must not name tainted persons to FI boards: Panel
THE Standing Committee on Finance has recommended that promoters or directors of companies, who have been indicted by the capital markets regulator, the Securities and Exchange Board of India, for indulging in market manipulation, should not be ... More


PSUs regain sheen, tech stocks dip on Satyam guidance
MOST top companies are declaring their results this month. During the peak earnings season, the primary driver for stock price movements is the earnings performance and guidance of select stocks. While better than expected results of ... More


Host of rollbacks coming -- Dividend tax norms to stay with sops for shareholders
INDIA Inc will have to reconcile itself to the major policy change proposed in the 2002-03 Budget to tax dividends at the hands of the shareholders. While this basic proposal is unlikely to be rolled back, the Finance Minister, Mr Yashwant ... More
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Top Stories
Coffee loans to be fully rescheduled -- Consolidated special term loan proposed

Host of rollbacks coming -- Dividend tax norms to stay with sops for shareholders

Satyam to float separate co for BPO foray

Bank of Baroda extends Rs 100-cr credit to IFCI

Satyam Q4 net up 3.42% -- Co sees 18-20 pc growth this fiscal

Core sector growth rate down to 3 pc in 2001-02

In Depth
Inside Kashmir
Guide to derivatives

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