Financial Daily from THE HINDU group of publications
Wednesday, May 15, 2002
Markets (May 14)
BL 2501166.64 (-2.93)
BSE Sensex3420.33 (-22.16)
S&P CNX Nifty1115.10 (-4.55)
Dollar (Buy/Sell)48.95/49.03
Gold Std (10 gm)5175 (-10)

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Overseas investment will boost MFs: Report
THE Government decision to allow mutual funds to invest in the overseas market would spur growth for the domestic mutual fund industry, says a Moody's-ICRA report. According to the report, a fundamental turning point in the growth of most ... More

Decision soon on redemption of UTI: Bajpai
A decision on how and who would bridge the shortfall in the two assured return schemes of the Unit Trust of India due for redemption in June would be taken at the "appropriate time," according to the capital markets regulator-- Securities and ... More

StanChart MF awaits approval
STANDARD Chartered Mutual Fund is planning to invest in overseas debt market, its Managing Director, Mr Naval Bir Kumar, has said. The board of trustees of the fund has already approved the proposal and the fund has also sought permissions of ... More


Mild bear domination
BEARS gained control over Tuesday's trading activity. However, the sentiment reading of the tradable counters still stands mildly in favour of the bulls. Bear domination on Wednesday is likely to neutralise the prevailing sentiment reading. On ... More


BSE enhances incentives to market makers
THE Bombay Stock Exchange has further enhanced its scheme of market making for stock futures and Sensex futures by increasing the monetary incentives. The enhanced scheme will be effective from May 14. The market maker of a particular ... More


Genesys gains surprise players
GENESYS International Corp, a small Mumbai-based IT company, has been in the limelight in the last one month. It has appreciated by over 300 per cent since the beginning of April. The stock has risen from Rs 22.50 on April 1 to the current ... More

Speculative share deals: I-T panel report likely by May 23
Revenue Department sources told Business Line that the panel was now zeroing in on one or two options (on the definition), and will finalise the report incorporating the necessary changes within the next 10 days. More

Thermax jumps on good performance
AFTER a dramatic turnaround in the operations of the company during 2001-2002, the Thermax stock has caught the imagination of the market. On Tuesday, the scrip clocked a volume of 18.01 lakh shares on the National Stock Exchange and 12.59 lakh ... More


Selling VSNL 200 call may pay
THE spot market ended on a bearish note on Tuesday with the Nifty closing down marginally over Monday's close. Consequently, put options gained value in the derivative segment during the day. Here are some trading opportunities that traders can ... More


HLL, MTNL pull down Sensex; PSUs weak
IN yet another clear sign of the fickleness of the markets, the Sensex returned to the negative territory on Tuesday, erasing the gains it had made in the previous session. Pummelled by weakening of sentiment in the PSU counters and stocks from ... More
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Top Stories
Registry for high-value financial deals proposed

LTTE accepting reality of united Sri Lanka — Mr Jehan Perera

Plans to promote basmati: Exporters plan global campaign in July

Suzuki to take wheel at Maruti: Rights issue at Rs 3,280 a share

Tata's open offer for VSNL oversubscribed

Rural foray deals blow to BSNL's revenue per user

Overseas investment will boost MFs: Report

HDFC net up 22.5 pc; to pay Rs 25 dividend

In Depth
Inside Kashmir
Guide to derivatives
Looking back
May. 5-May. 11
Q4 results prove elusive for investors

For making good shortfall in assured schemes -- Development fund is guarantor, UTI told

DSE records zero turnover

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