Financial Daily from THE HINDU group of publications
Tuesday, July 23, 2002
Markets (July 22)
BL 2501097.86 (-25.28)
BSE Sensex3153.34 (-76.93)
S&P CNX Nifty1012 (-23.90)
Dollar (Buy/Sell)48.65/48.78
Gold Std (10 gm)5310

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Steep decline
BEARS were in total command of Monday's trading. Their dominance left the bulls with no opportunity to recover. Stock prices across the board fell steeply. None of the counters in the tradable list is in the uptrend. The sentiment reading of the ... More


Special margin on 159 stocks
THE Bombay Stock Exchange has imposed a special margin on 159 scrips from Monday. The rates of special margins have been revised keeping in view the closing price of the scrip on the last day of the settlement. Special margins will be imposed on ... More


Stocks take an all-round battering
THE wave of negative sentiment sweeping across world equity markets in the wake of the mayhem in corporate America, battered Indian stocks too with the 30-share BSE Sensex losing 77 points on the opening day of the week. The bearish sentiment ... More

Nova Nordisk move affects Dr Reddy's
THE suspension of further clinical development of Dr Reddy's Laboratories' anti-diabetes molecule by the Swedish pharma major Novo Nordisk caused a steep fall in the company's stock today. However, analysts put the fall to a sentimental reaction ... More

Nalco firm on active bidding hopes
AFTER the restructuring of Aditya Birla Group companies — Hindalco and Indo Gulf Corporation — the bidding process for National Aluminium (Nalco) is expected to be very aggressive, feel market players. This was also seen from the ... More

Chambal Fert remains subdued
THE Chambal Fertilisers & Chemicals stock, which is on a downward journey from its recent peak, today closed with a loss of around 2.19 per cent at Rs 13.40 and over 8 lakh shares changed hands on the Bombay Stock Exchange and the National Stock ... More

  • ICICI Bank sells in Bhushan Steel


    Upside in Satyam is limited
    THE following are some buy/sell strategies based on Monday's trading in the derivatives segment at the NSE: Equity options: The immediate outlook on Satyam is positive. On the upside, the stock may find resistance at Rs 230 levels. On ... More


    Aluminium stocks the only silver lining — Earnings outlook pulls down Infotech Enterprises
    A focus on negative developments soured sentiment at the bourses and stock prices recorded a significant fall on Monday. Jittery world markets, continuing decline in topline of Hindustan Lever and the suspension of clinical trials of a drug under ... More
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