The Hindu Business Line : Saturday, October 05, 2002

Marginal loss
BEARS exerted further pressure during the initial hours of Friday's trading activity. Bulls were successful in restricting them from making further gains. Click here for table Friday's market action ... More

STOCK MARKETS

Snowcem up on reports of talks with Berger
THE Snowcem India stock today moved up on the major bourses on the news that the Rs 120-crore company was in talks with Berger Paints to dispose of its exterior paints business. The stock gained 5.63 per cent to close at Rs 48.80 (Rs 46.20) with ... More

CESC slides on SC directive
THE CESC stock moved down today on the major bourses in reaction to the news that the Supreme Court had set aside the Calcutta High Court ruling on the company's authority to hike power tariff. The stock declined to Rs 17.05 on the NSE, down by ... More

FII selling in Reliance
SINCE the announcement of the consolidated financial results of Reliance Industries with Reliance Petroleum, the stock has been on the downslide. This week, the petrochemical major has fallen by over Rs 20. The slide in the stock price has been ... More

PNB lacklustre due to lack of interest
THE stock of Public National Bank has been lacklustre in the past few days due to the absence of any positive triggers. The share price has been range-bound at Rs 43-Rs 46 levels. The stock has come down marginally by 1.60 per cent while it has ... More

DEBT MARKET

NSE expels Home Trade
THE National Stock Exchange (NSE) has expelled Home Trade Ltd from the trading membership of the wholesale debt market of the exchange from October 1. Home Trade, involved in the gilt securities scam earlier this year, has been expelled ... More

DERIVATIVES MARKETS

Positive outlook on Sterlite Opticals
THE following are some buy/sell strategies based on Friday's trading in the derivatives segment at the NSE: Equity options Sterlite Opticals: The immediate outlook on this stock appears positive. The price projection on the ... More

REGULATORY BODIES & RULINGS

SEBI notifies 3-yr lock-in for sweat equity shares
THE Securities and Exchange Board of India (SEBI) has notified new separate regulations specifying the procedure for holding enquiry and imposition of penalty in respect of all the intermediaries regulated by it. These regulations — ... More

SEBI debars 5 Ambuja Zinc directors
THE Securities and Exchange Board of India has debarred Ambuja Zinc Ltd (AZL) and the company's five directors from accessing the capital market for five years. The action follows the Calcutta Task Force (comprising DCA Officers, SEBI officials ... More

COMMENTARY

Select tech stocks sizzle in dull market
THE BSE Sensex continued its relentless decline for the fourth day of the truncated week to close at 2930.51 points. The start of the earnings season appears to have firmed up only a few key software stocks such as Infosys Technologies and ... More

ECONOMIC OFFENCES

CSE scam accused remanded to custody till Nov 15
THE Central Metropolitan Magistrate today remanded the accused persons in the Calcutta Stock Exchange case to judicial custody till November 15. No new arrests or searches on brokers' premises were made by the Kolkata police today. It was ... More

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