Financial Daily from THE HINDU group of publications
Saturday, June 15, 2002
Markets (June 14)
BL 2501155.86 (+4.87)
BSE Sensex3312.07 (+0.91)
S&P CNX Nifty1085.70 (+2.85)
Dollar (Buy/Sell)48.96/49.09
Gold Std (10 gm)5230

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DSP Merrill fund raises tech, lifestyle portfolios
THE changing nature of the economy has prompted DSP Merrill Lynch Opportunities Fund, one of the few thematic funds in the Indian market, to raise its exposure to technology, lifestyle and cyclical sectors. The fund managers have also pared their ... More


Marginal loss
FOR the second successive day, stock prices moved within a narrow band. Bears were successful to the extent of terminating a few uptrend counters in the tradable list. However, the sentiment reading of the tradable counters stands mildly in ... More


Aftek Info moves up on acquisition talk
AFTEK Infosys has moved up almost 17 per cent on the bourses since end-May on reports of the company acquiring a German firm. The cost of acquisition is said to be to the tune of $12 million. The German company is into embedded systems and ... More

Bata revamp plan stirs retail interest
THE Bata India stock continued to improve on major bourses on business restructuring buzz. Under a scheme of arrangement, some of the operations of Bata will move into Fashion Shoes Pvt Ltd and BDCL Enterprises Pvt Ltd. The scrip today closed ... More

Divestment hopes lift MTNL
THE share price of basic telecom major MTNL gained on Friday. The stock closed 8.21 per cent higher at Rs 143 on the BSE with volumes of 12.83 lakh shares. On the NSE, it ended at Rs 143.20, up 7.92 per cent with volumes of 27.80 lakh shares. ... More


Reversal likely in BPCL
IT was a day of mixed performance. While calls on Reliance, Satyam and L&T fell that on MTNL, Tata Steel and HPCL rose during the day. The following are some buy/sell strategies based on the day's trading: Equity options: The ... More


SEBI keen on keeping alive regional SEs
EVEN as a final decision is to be made on the role and structure of the proposed Central Listing Authority (CLA), the Securities and Exchange Board of India (SEBI) Chairman, Mr G.N.Bajpai, has made it clear that he does not favour a "natural ... More


Large cap cos bounce back; others consolidate
STOCKS of large capitalisation companies bounced back from the two-day spell of declining prices. The Sensex ended the day almost unchanged while Nifty recorded a marginal gain. Stocks of mid-cap and small cap companies continued to consolidate ... More


`Primary market headed for revival'
THE primary market is headed for lot of action during the current financial year, with the Securities and Exchange Board of India (SEBI) Chairman, Mr G.N.Bajpai, today stating that around 200 initial public offerings (IPOs) are likely to hit the ... More
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