Financial Daily from THE HINDU group of publications
Wednesday, August 28, 2002
Markets (Aug. 27)
BL 2501085.79 (-9.53)
BSE Sensex3097.85 (-25.75)
S&P CNX Nifty987.70 (-11.15)
Dollar (Buy/Sell)48.46/48.59
Gold Std (10 gm)5110 (+35)

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Addl Rs 1,400-cr guarantee for Unit Trust's MIP 97
THE Finance Ministry is set to provide an additional guarantee of Rs 1,300-1,400 crore to Unit Trust of India (UTI) to help bridge the shortfall in the Monthly Income Plan (MIP) 97 (3) scheme due for redemption in October this year. The ... More


Bear domination
BEARS were in total command of Tuesday's trading activity. Bulls were unable to make any impact during the day's trading. Tuesday's market action resulted in terminating most of the uptrend counters in the tradable list. The sentiment reading of ... More


Synergies with TCS help CMC
CMC Ltd has attracted a lot of market attention in the last few weeks on account of a promising outlook arising from its synergies with another Tata group company, Tata Consultancy Services (TCS) — the country's largest software firm. In ... More

Block deal in Indo-Gulf
TRADING volumes in Indo-Gulf Corporation on Tuesday surged on renewed buying interest in the counter. According to dealers, a block deal of 19 lakh shares at Rs 53 per share was done in the counter. Rumour has it that the order was placed by a ... More


Consider bear spread on Satyam
THE following are some buy/sell strategies based on Tuesday's trading in the derivatives segment at the NSE: Equity options: The outlook on Satyam appears negative. On the downside, the stock may move down to Rs 200, and then to Rs 189 ... More


Tech stocks drag market down
AFTER a two-day rise, the markets ended lower, pulled down by technology stocks. Selling pressure was evident in almost all technology counters. Second-rung tech stocks such as HCL Technologies, Rolta India and Geometric Software ... More
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Top Stories
Firms, Govt depts allowed to outsource non-core work

AP to upgrade PCOs to cyber dhabas

Rs 1.5 lakh cr locked up in litigations

Samsung introduces range of `health' TVs

Farm Ministry plans to freeze paddy MSP — Under pressure to support farmers due to drought

Sardas may revise offer price for BSL — Promoters planning counter offer?

What put TVS Motor on the fast track again

In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Aug. 18-Aug. 24
Exit price for delisting — Reverse book-building route prone to manipulation: CII

SEBI may merge trading floors of regional bourses

`Equity markets attractive at present' — Mr Sanjiv Shah, Executive Director, Benchmark Mutual Fund

Arbitrage making a comeback at bourses

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