Financial Daily from THE HINDU group of publications
Thursday, August 22, 2002
Markets (Aug. 21)
BL 2501090.73 (+2.70)
BSE Sensex3084.38 (-5.20)
S&P CNX Nifty988.45 (-0.10)
Dollar (Buy/Sell)48.50/48.63
Gold Std (10 gm)5110 (+10)

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ACCOUNT SPEAK


Goose chase
FOR more than 48 hours, the authorities have been going over our office with a fine-tooth comb, looking for client records that are being destroyed. It usually happens this late, as the movie cops who come after the last bullet had been fired ... More

IMPRESSIONS


Public savings for `private' enterprise
UNTIL the late 18th century there was no adequate realisation even in England that public savings could be invaluable in obtaining the capital required by an expanding industry. The floatation of railway companies in the early 19th century and ... More

FOCUS


Panel for wide-ranging reliefs to ferro alloy units
THE committee set up the Union Government to assess the demand for ferro alloys during the Tenth Plan period has made several recommendations towards removing the constraints hampering the industry. Its first recommendation is that power should ... More

SAY CHEEK


Powerful remotes
REMOTE control is usually the black thing that lies around as if abandoned, but now everybody is talking about it. The power of the `remote', as it is nicknamed, lies in getting things done without taking the trouble to lift one's back off the ... More

EAR TO THE GROUND


Cipla counter losing steam
PHARMA major Cipla's counter seems to be losing steam as witnessed in the past few days. According to dealers, this is due to the absence of fresh triggers to sustain buying interest. The stock has shed about four per cent already and is likely ... More

ON THE HEDGE


Buy Sept calls on Tata Engg
THE following are some buy/sell strategies based on Wednesday's trading in the derivatives segment at the NSE: Equity options: The outlook on Tata Engg appears positive. On the upside, the stock may find resistance at Rs 140, and then at ... More

SENSOR


Profit-taking, lack of triggers drag Sensex down
AFTER some buoyancy on Tuesday, the market activity showed a subdued trend during Wednesday's trading. After opening on a strong note at 3083.82, the BSE Sensex went on to touch a high of 3109.91. However, lack of fresh positive triggers coupled ... More
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