Financial Daily from THE HINDU group of publications
Thursday, June 20, 2002
Markets (June 19)
BL 2501132.81 (-13.25)
BSE Sensex3242.26 (-42.28)
S&P CNX Nifty1062.90 (-12.05)
Dollar (Buy/Sell)48.87/49.00
Gold Std (10 gm)5280 (+50)

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AMFI develops 8 market indices
THE Association of Mutual Funds of India (AMFI) has developed eight new market indices jointly with and ICICI Securities. The indices, launched by the SEBI chairman, Mr G.N. Bajpai, in Mumbai on Wednesday, are being pegged as a ... More


Bears march ahead
BEARS exerted further pressure on Wednesday's trading. Their dominance resulted in terminating most of the uptrend counters in the tradable list. Click here for table The market sentiment reading of the ... More


Mangalore Chem denies rumours of sell-out
UB Group company Mangalore Chemicals and Fertilizers Ltd quashed market talk that it is close to a sell-out. Riding the talk, the company's otherwise thinly-traded stock jumped 20 per cent and stayed limit-locked at Rs 10.40 on the Bombay Stock ... More

Atlas Copco scrip moves up
SHARES of Atlas Copco have been moving up on market talk of the parent company — the $3.7 billion Atlas Copco AB Sweeden — going in for a buyback at Rs 150. Sources said that a couple of buy reports are doing the rounds in the ... More

Tata Chemicals moves ahead
THE share price of Tata Chemicals Ltd (Tata Chem) is in the limelight during the past few weeks on account of the restructuring exercise that it recently went through. Analysts also say that the company could very soon emerge as a global ... More

  • LIC sells IBP shares


    Long calls in L&T may pay
    PUTS on top traded stocks attracted good volumes on Wednesday's trading in the derivatives segment at the NSE. The following are some buy/sell strategies based on the day's trading: Equity options: Calls on L&T ended lower during the ... More


    Sensex dragged down by tech stocks
    EQUITY market indices were dragged down on Wednesday by a negative outlook on the technology sector. The BSE Sensex closed at 3,242.26 points, a fall of 42.28 points (1.29 per cent). Click here for table Gloomy ... More


    Decision on BPCL, IOC float next month
    THE Government is set to take a decision on the proposed Initial Public Offerings (IPO) of Bharat Petroleum Corporation Ltd (BPCL) and Indian Oil Corporation (IOC) by next month, according to the Union Petroleum Minister, Mr Ram Naik. ... More


    SEBI files writ against Sterlite
    FACED with several complaints from investors, the Securities and Exchange Board of India (SEBI) on Wednesday filed a writ petition against Sterlite Industries (India) Ltd in the Bombay High Court seeking a stay on the company's scheme to purchase ... More
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  • Top Stories
    TCS enters China — Sets up wholly-owned subsidiary

    Govt mulls new classification beyond Navaratna for PSUs

    AMFI develops 8 market indices

    Banks ride well in CARs

    Sugar prices dip to 6-year low — ISMA, NFCSF seek to restore monthly quota system

    Pick-up in non-food credit — Economy on revival path?

    The big bucks of terrorism — Strange colour of Kashmir's money

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives

    Looking back
    Jun. 9-Jun. 15
    LIC to invest Rs 6,000 cr in equity markets this year

    SEBI gets powers for search, seizure -- Stiff penalty for offences

    Sensex up 83 points as war fears recede

    `Privatisation process will be delayed' -- Divestment Ministry opposes BPCL float

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