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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If only you knew you're okay
AT TIMES, you get good news from staid economists too. The US National Bureau of Economic Research, the academic panel that studies business cycles, has moved a step closer to declaring an end to the recession that began last March. The ... More


Tata Steel's `rightsizing' may continue
It is safe to assume that as a result of the employee separation scheme (ESS), Tata Steel was able to drop employee strength by 17,000 or so. For the records, it may be mentioned that the last ESS closed on April 30, 2002. More


Balrampur Chini: Less sweet, but more healthy
WITH net sales declining by 10.6 per cent, and net profit barely inching up from the previous year's levels, Balrampur Chini Mills' performance for the financial year 2001-02 may seem a bit of an anti-climax after the massive ramp-up in sales and ... 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


    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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    In Depth
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