The Hindu Business Line : Wednesday, August 21, 2002

Birla Mutual plans two new schemes
BIRLA Mutual Fund has said it plans to launch two equity schemes Mid-Cap Fund and an Index fund — shortly. Mr Bharat Shah, Chief Investment Officer, Birla Mutual Fund, told reporters today that the offer document of these two schemes have ... More

TECHNICAL ANALYSIS

Bull domination
BULLS were in total control of Tuesday's trading activity. Bears were unable to make any impact during the day's trading. The market sentiment reading of the tradable counters continues to remain bullish. Bear domination on Wednesday is likely to ... More

STOCK MARKETS

Block deal takes GAIL up
GAS Authority of India Ltd (GAIL) was buzzing with activity on Tuesday with a huge block deal on the BSE; 40 lakh shares changed hands in the block deal at Rs 71 per share. According to market sources, a domestic institution may have sold a ... More

Institutions prop up IT stocks
TECHNOLOGY counters seemed to heave a sigh of relief today as renewed institutional buying propped up stock prices across-the-board. On the Bombay Stock Exchange, the rise among frontline stocks was led by CMC (Rs 518.05), which gained 11.49 ... More

Lack of institutional support affects volumes at bourses
"Volumes have been partially affected by institutional players, who account for 20-25 per cent of the daily volumes and from days traders, who buy/sell in the morning and square-off the trades before the market closes on the same day." More

UTI sells stake in Bajaj Hindusthan
EVEN as the Bajajs grapple with a possible redistribution of family assets, Unit Trust of India (UTI) has sold about 9.50 per cent holding in the Shishir Bajaj-controlled Bajaj Hindusthan Ltd to the promoters in a negotiated deal. The mutual ... More

DERIVATIVES MARKETS

Negative outlook on Tata Steel
THE following are some buy/sell strategies based on Tuesday's trading in the derivatives segment at the NSE: Equity options: The outlook on Tata Steel appears negative. On the downside, the stock may find immediate support at Rs 97. On ... More

COMMENTARY

Overnight gains at US markets pep up sentiment
AIDED by overnight buoyancy in the American stock market, domestic market sentiment perked up on Tuesday. After a lacklustre trading on Monday, the Sensex managed to stage a recovery of about 25.54 points on Tuesday to close at 3089.58. Total ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pepsi, Punjab Govt sign deal for citrus cultivation

Bharti may consider spreading its wings to additional circles

Mother Dairy grows up, turns Amul's rival — Set for joint ventures with 6 State co-operatives

Tenth Plan to ease private funding of minerals sector

Foodgrains power Rlys freight earnings by 11%

The cloud over the continent

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Aug. 11-Aug. 17
UTI will honour every commitment, says Damodaran

Retail investors hold 72.61 pc of UTI assets