Financial Daily from THE HINDU group of publications
Saturday, May 11, 2002
Markets (May 10)
BL 2501166.92 (-8.05)
BSE Sensex3431.32 (-30.09)
S&P CNX Nifty1116.40 (-11.20)
Dollar (Buy/Sell)48.93/49.06
Gold Std (10 gm)5160 (+20)

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Bear domination
FRIDAY'S trading activity witnessed bear domination. However, bulls managed to recover partially during the close. The sentiment reading of the tradable counters stands mildly in favour of the bulls. Bear domination on Monday is likely to change ... More


`Cos need to make internal changes for NYSE listing '
THE New York Stock Exchange is hopeful that at least two or three more Indian companies will seek listing on it before the end of this year, which itself is a scaling down from its earlier projection of having at least 15 Indian companies listed ... More

DSE records zero turnover
THE Delhi Stock Exchange (DSE) today recorded zero turnover for the first time in its 54 years of existence. Not a single transaction was carried out by any of the approximately 200 member-brokers of the exchange. Exchange officials said that ... More


IBP down as IOC open offer closes
THE stock of IBP Ltd fell further on the bourses as the open offer by Indian Oil Corporation for shareholders of IBP draws to a close on May 11 (Saturday). The IBP scrip today closed 6.10 per cent lower at Rs 693.45 (Rs 738.55 per share) on the ... More

NIIT down on broker problems
IT major and computer education company NIIT has been witnessing selling pressure in the last few days. On Friday, the stock was down 4.55 per cent to Rs 241.40 on the BSE with volumes of 14.93 lakh shares. On the NSE, it was down 4.96 per cent ... More


Sell May 300 call on Satyam
THE spot market ended the week on a negative note. Select put options gained in value during the day's trading at the derivatives segment on the NSE.
  • Options on Satyam Computer were actively traded during the day. The May 280 call was ... More


    'Listed cos must disclose audit qualifications'
    THE Securities and Exchange Board of India (SEBI) has decided that henceforth listed companies will have to disclose audit qualifications in the unaudited/audited financial results published by them under clause 41 of the listing agreement, along ... More


    Rally loses steam as investors book profits
    ENDING a seven-day rally, markets tripped on Friday as investors went on a profit-taking spree. This left the markets gasping for breath and the BSE's Sensex weakened marginally by 0.9 per cent as it finished the day at 3431.32 points. More
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