Financial Daily from THE HINDU group of publications
Tuesday, June 04, 2002
Markets (June 3)
BL 2501099.88 (+14.41)
BSE Sensex3161.09 (+35.36)
S&P CNX Nifty1039.75 (+10.95)
Dollar (Buy/Sell)49.00/49.13
Gold Std (10 gm)5400 (-35)

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Repeal of UTI Act in monsoon session -- Govt to share UTI burden on assured returns schemes
The support of the Government again to UTI was finally considered to be the best solution in the larger interests of lakhs of unitholders and investors, according to officials. This may also be palatable politically. More

Sundaram Mutual to launch five new schemes soon
SUNDARAM Mutual Fund proposes to launch five new schemes in the next few months, the company's Managing Director, Mr T.P. Raman, told Business Line on Friday. Three of them will be equity schemes and the other two debt, he said, adding ... More

HDFC Mutual to offer `Sensex Plus' plan
For HDFC Mutual Fund, an index fund obviously means more than the index, at least partially. The forthcoming scheme from the MF will offer to investors what it calls a `Sensex Plus' plan. For the uninitiated, the plan will look beyond the ... More


Bulls prevail
BULLS gained control over Monday's trading. Bears were unable to make any impact during the day's trading. The sentiment reading of the tradable counters stands neutral. Bull domination on Tuesday is likely to change the sentiment reading in ... More


Glaxo eyeing Panjon?
PHARMACEUTICAL major GlaxoSmithKline could be considering making an acquisition in the domestic market. Sources in the market said that the company could be looking at acquiring Panjon, a healthcare firm. Since the merger with SmithKline, ... More

Steel stocks on a roll
STEEL shares across the board moved up sharply on the bourses, with steel prices going up for the third consecutive month in May. Share prices of Tata Steel, Uttam Steel, Kalyani Steel, Essar Steel Jindal Steel, SAIL, National Steel, Mukand ... More


Sell Nifty 1080 call
THE cash market ended Monday on a positive sentiment with border tensions showing signs of abating. The following trading recommendations for the day are based on the closing prices at the derivative segment on the NSE.
  • The June 1040 ... More


    Cheer returns to the markets as war fears recede
    MARKETS looked up on the first trading day of the week as the exchange of verbal barrage between the two nations seemed to subside and the war clouds appeared to have scattered — for the moment at least. Key barometers across bourses were ... More
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  • Top Stories
    `Partnership key to tackle climate change challenge' — Dr R. K. Pachauri, Chairman, IPCC

    What to do with your old car? Ask BMW

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    In Depth
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    Looking back
    May. 26-Jun. 1
    Listed PSUs make Govt richer by Rs 45,000 cr

    Sensex sheds 97 points as Musharraf douses sentiment

    Foreign shareholding in India Inc ebbs

    i-flex IPO to open on June 5 at Rs 530

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