Financial Daily from THE HINDU group of publications
Tuesday, June 25, 2002
Markets (June 24)
BL 2501129.89 (-1.41)
BSE Sensex3231.62 (-11.13)
S&P CNX Nifty1061.85 (-0.70)
Dollar (Buy/Sell)48.85/48.98
Gold Std (10 gm)5340 (+20)

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StanChart MF bond fund
MUMBAI: Standard Chartered Mutual Fund has launched Grindlays Dynamic Bond Fund, a 100 per cent debt fund with a long-term investment option. The debt fund is to open on Tuesday. This fund provides the ability to mimic a cash fund ... More


Marginal loss
INITIAL hours of Monday's trading witnessed a mild bear domination. Later on, bulls gained control and recouped their losses. Bears managed to gain marginally from the day's trading. The sentiment reading of the tradable counters stands mildly ... More


Exports lend sparkle to diamond cos
REPORTS of a 28-per cent increase in diamond exports during April-May saw share prices of diamond companies move up sharply on the bourses on Monday. Stock prices of companies such as Su-Raj Diamonds, Parekh Platinum, Shrenuj Diamonds and ... More

Bajaj Auto holds grip
THE Bajaj Auto stock on Monday overcame the weakness caused by the news of separation of one of the Bajaj brothers, and a possible split in the family businesses. According to marketmen, the limited stake of Mr Shishir Bajaj, the brother who ... More

M&M on fast track
THE share price of automobile company Mahindra & Mahindra (M&M) has been in the limelight over the last few days on account of a turnaround in the automobile sector (especially utility vehicles). Good financial performance (above market ... More


Reversal likely in M&M
CALLS on most top-traded stocks ended lower on Monday's trading in the derivatives segment at the NSE. The following are some buy/sell strategies based on the day's trading: Equity options: The outlook on Satyam appears positive. ... More


Sundaram Mutual to expand operations
South-based mutual fund Sundaram Mutual is eyeing the northern and western markets. The company is on the look-out for new distributors in these areas. "We are in talks with several distributors at the moment. We are also expanding in Mumbai ... More


200 listed cos move into e-filing — SEs told to amend listing agreement
The information filed under Edifar would be in addition to any statements, reports and information that would have to be filed by the companies in either physical or other forms with the exchange. More

`Violation of listing agreement' — SEBI tells Parry Agro not to proceed with buyback
Parry Agro is also said to have disclosed in the public announcement and the draft offer document that the company intended to delist the equity shares from all the stock exchanges on completion of the buyback. More

SEBI board discusses First Global
THE board of SEBI on Monday heard the case of Mr Shankar Sharma's stock broking firm First Global and asked the firm to give a written submission to the board. Addressing reporters after the board meeting here, the SEBI Chairman, Mr G.N. ... More


Tech stocks move down marginally
A MAJORITY of stocks across-the-board turned torpid on the first day of this trading week causing major indices to falter towards a narrow close. Click here for table The recent slide of Nasdaq did have a ripple ... More
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