Financial Daily from THE HINDU group of publications
Friday, November 01, 2002
Markets (Oct. 31)
BL 2501024.12 (+9.99)
BSE Sensex2949.32 (+60.73)
S&P CNX Nifty951.40 (+13.65)
Dollar (Buy/Sell)48.32/48.45
Gold Std (10 gm)5220

Port Info


Group Sites



Bull domination
BULLS prevailed over the proceedings of Thursday's market activity. Bears could not hold any sway over the day's market action. However, the sentiment reading of the tradable counters stands neutral. Bull domination on Friday is likely to change ... More


Risk management solution for NSE
THE National Stock Exchange (NSE) has announced the successful deployment of its `mission-critical' PRISM — Parallel Risk Management Solution that is supported on Intel-based servers. This facility brings the benefits of real time risk ... More


Institutional selling in Digital
THERE is still concern over the global merger of Compaq-HP and this is taking toll on Digital GlobalSoft stock price. In addition, there is pricing pressure on the company. Due to the uncertainty, analysts say that Digital's business from its ... More

Reliance surges 14 pc
RELIANCE Industries Ltd (RIL) surged today on the announcement that the company had discovered huge natural gas in Krishna Godavari basin. In addition, the good Q2 financial performance also boosted the stock price and market sentiment. "This ... More

Tata Steel jumps on Q2 performance
TATA Steel today moved up with heavy volumes, as the company's impressive second quarter performance enthused fund managers, institutions and brokers. The stock improved Rs 8.60 to close at Rs 125.25 on the BSE with traded quantity of 23.09 ... More

Growth hopes fuel rally in Kochi Refineries
THE stock of Kochi Refineries Ltd has been attracting significant market interest in the recent past. The stock that was ruling at around Rs 37a week ago closed at around Rs 43 on the bourses on Thursday, a jump of almost 16 per cent. While one ... More


Construct Nov strangle on L&T
THE following are some buy/sell strategies based on Thursday's trading in the derivatives segment at the NSE: Equity options: L&T: The outlook on the stock is neutral, and the stock can move either way. The upside price ... More

Record volumes in NSE derivatives
THE National Stock Exchange today recorded all-time high volumes in the derivatives segment at Rs 2,894.07 crore. The previous high volumes were Rs 2,156.14 crore recorded on February 28, 2002. Volumes in the derivatives market on NSE were around ... More


SEBI scraps demat a/c closure fee
THE Securities and Exchange Board of India (SEBI) has notified that from November 1, no closure charges should be collected for closure of demat accounts. In a communication to all stock exchanges, depositories and custodians issued on October ... More


Reliance sends market soaring
RELIANCE sent the market soaring on Thursday after it confirmed that it had discovered huge gas reserves in Krishna - Godavari basin off Andhra Pradesh coast. The benchmark BSE-Sensex spurted 2.10 per cent or 60.73 points to close at 2949.32 ... More


Cholamandalam rights issue to raise Rs 30 cr — Q2 profit up 60 pc
CHOLAMANDALAM Investment and Finance Co Ltd (CIFCL), the Chennai-based non-banking finance company, today announced a rights issue to raise Rs 30 crore. The board of directors of the company which met here approved the proposal. The issue ... More


`SHCIL officials colluded to cause wrongful loss'
AN affidavit filed in the court of the Metropolitan Magistrate here by a former employee in connection with the March 2001 situation prevailing on the Calcutta Stock Exchange has suddenly resurfaced to haunt Stock Holding Corporation of India ... More


Meet to educate lay investors, consumers
A THREE-day exhibition-cum-conference, Money-wise@Hyderabad, is being organised by EventXpress, an event management company of the New Indian Express Group of newspapers and Aura during November 15-17 at the Nizam College grounds. The objective ... More
Stock Quotes
SE Diary
Comments & Letters to the Editor to:
Subscribe to: Business Line
Pick a Winner Stock Market Contest

Top Stories
`Rural folk worst-hit by strained basic services'

Kelkar panel moots excise on processed foods sector — Trade takes up cudgels against recommendations

Pressure on margins of tech biggies seen

B-school placements probe new avenues

ICICI Bank posts Rs 285-cr consolidated net profit

In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Oct. 20-Oct. 26
`Stock valuation at the lowest in a decade'

Grasim offer: Forum warns SEBI, FIs

SEBI to speed up enquiry into L&T insider trading

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line