Financial Daily from THE HINDU group of publications
Wednesday, May 29, 2002
Markets (May 28)
BL 2501090.75 (-24.71)
BSE Sensex3146.83 (-96.58)
S&P CNX Nifty1038.20 (-24.55)
Dollar (Buy/Sell)48.94/49.07
Gold Std (10 gm)5330

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OFFHAND


Role models
THE other day, out of curiosity, I asked a newspaper vendor in his teens whether he had heard of Kamraj. I had the shock of my life when this otherwise smart fellow said no. I then asked him whether he had not seen the statue of a person on the ... More

FINANCIAL SCAN


Positive US numbers do not add up to rate rise
THE flow of encouraging economic data from the US has resumed. The last couple of weeks have seen a reversal of previously negative news. The highlights were the surge of 1.1 per cent in durable goods orders and the unexpected rise in new home ... More

WIDE CANVAS


What next over Kashmir?
IT IS now clear that there will not be any hostilities across the India-Pakistan border, at least not on the scale that was being apprehended over the past couple of weeks. The point must be made that this is no reflection on the ability of the ... More

SAY CHEEK


Wary war queries
WHILE the brave are out there in fighting readiness at the warfront, there are too many wary people around who are plainly worried. What's top on their minds? When do we know that a war is on? This doesn't show on the TV programme ... More

EAR TO THE GROUND


Sesa Goa up on bright outlook
THE share price of multinational Sesa Goa has been on an upward curve even in the depressed market conditions. The talk doing the rounds in the market is that with the revival in the steel sector, the outlook for Sesa Goa looks good. Sesa Goa is ... More

ON THE HEDGE


Consider put spread on Satyam Computer
THERE was no change in sentiment on Tuesday's trading in the cash market, as traders were wary of taking a bullish view on account of the prevailing Indo-Pak uncertainties. Traders who were long on put options on Monday would have seen their ... More

SENSOR


Index heavyweights, oil stocks bear the brunt
THE euphoric rise witnessed on Friday proved to be short-lived with the most of the gains being wiped by the 96.58-point decline during Tuesday's trading. Fears about the possibility of an Indo-Pak conflict continued to haunt market sentiment. ... More
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