The Hindu Business Line : Wednesday, May 08, 2002

Another innings for Damodaran?
THE Government is set to extend the tenure of the present Chairman of the Unit Trust of India (UTI), Mr M. Damodaran, notwithstanding its plans to usher in structural changes in the Trust through legislative measures. The Finance Ministry is in ... More

TECHNICAL ANALYSIS

Bulls prevail
BULLS prevailed over Tuesday's trading. Bears were unable to make any impact during the day's trading. The sentiment reading of the tradable counters stands bullish. Bull domination on Wednesday is likely to change the sentiment reading strongly ... More

STOCK MARKETS

Widia (I) rises on open offer talk
THE share price of multinational Widia (India) was locked in the 10-per cent upper circuit filter on Tuesday. The stock closed at Rs 83.15 on the BSE and at Rs 81.60 on the NSE. Volumes too spurted sharply. Volumes on the BSE increased to 18,237 ... More

Export prospects lend sheen to United Phos
BACKED by good financial results for the fourth quarter, agro-chemicals maker United Phosphorous Ltd's (UPL) shares today touched a new 52-week high on the stock exchanges. Analysts expect the company to show growth in profit during the first ... More

PNB benefits on fund buying
INVESTORS in the initial public offering of Punjab National Bank (PNB) have gained considerably in a short period in an otherwise depressed market. In just over a months' time, PNB shares have risen almost 50 per cent over the issue price of Rs ... More

Samtel gains colour on soccer fervour
THE soccer world cup fever seems to have impacted the Samtel Color counter in the bourses. The scrip touched a 52-week high of Rs 41.20 on Tuesday. It closed at Rs 40.35 with a gain of 9.95 per cent on the Bombay Stock Exchange. On the National ... More

DERIVATIVES MARKETS

Sell Tata Engineering 135 put
THE spot market stayed dull on Tuesday too. Select calls gained value during the day at the derivatives segment on the National Stock Exchange.

Options on Tata Engineering attracted some trading interest during the week. The May 150 call ... More

COMMENTARY

Side stocks hog attention on lacklustre day
THOUGH both the bulls and bears were lazy, in terms of the degree of laziness, the bulls seemed to be at the lower end on Tuesday. They managed to evoke some interest in select old economy stocks to support the market. As was expected, the bulls ... More

Stock Quotes
SE Diary

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