The Hindu Business Line : Tuesday, December 03, 2002

AMFI registration mandatory for intermediaries
INTERMEDIARIES engaged in selling and marketing of mutual funds units would have to register themselves with the Association of Mutual Funds in India (AMFI) by March 31, 2003. This directive of the Securities and Exchange Board of India (SEBI) ... More

TECHNICAL ANALYSIS

Bulls upbeat
BULLS were in total command of Monday's trading activity. Their dominance left the bears with no opportunity to recover during the day's trading. The sentiment reading of the tradable counters stands totally bullish. Bear domination on Tuesday is ... More

STOCK EXCHANGES

Bid towards demutualisation — BgSE to appoint evaluator
Following demutualisation, the stock exchange is likely to be clubbed with its subsidiary, BgSE Financials Ltd, through a reverse merger. More

STOCK MARKETS

Price hike hopes add strength to steel stocks
OPTIMISM for the steel sector continued with stocks of some companies moving up on the bourses. This optimism is primarily backed by a revival in steel demand leading to an upturn in steel prices in the domestic as well as the international ... More

Divestment hopes lift BPCL, HPCL
THE market expects early divestment in BPCL and HPCL. The talk is that the Government is likely to disinvest its stake in HPCL in the current fiscal and in BPCL in the first half of next fiscal year. There were also talk that the active buying ... More

DERIVATIVES MARKETS

Derivatives seen to overtake cash market
WITH the SEBI board giving clearance for adding more securities in the derivatives segment, trading volumes are expected to overtake the cash market, stock brokers and analysts said. They said the stock exchanges are likely to increase the list ... More

Buy December puts on Hind Lever, Digital
THE following strategies on HLL and Digital GlobalSoft are based on Monday's trading in the derivatives segment at the NSE. Both stocks have moved up in recent times, and are poised for further price rise. The downside price projection is, ... More

INTERVIEW

`Do not expect miracles to happen quickly' — Mr N.K. Sharma, CEO, IL&FS Mutual
MR N.K. Sharma took over as CEO of IL&FS Mutual Fund earlier this year, barely days before he spoke to Business Line for the first time. This time, however, he sounded quite despondent when asked about the immediate future of the stock ... More

COMMENTARY

Market moves up smartly as stocks smile
DIVERSE factors such as a continuation of the rally in information technology stocks, renewed buying by foreign institutional investors and a revival of hope amongst the investing community that the stalled disinvestment programme will be ... More

ECONOMIC OFFENCES

Ketan Parekh held in Mumbai
THE Kolkata Police today arrested stockbroker Mr Ketan Parekh, one of the accused persons in the case relating to the Rs 120-crore Calcutta Stock Exchange scam. He was picked up in Mumbai. Mr Somen Mitra, Deputy Commissioner, Detective ... More

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Sugar import norms tightened

Two-wheeler cos biggest spenders on press ads — Computer education ads slip to 15th from third spot

AMFI registration mandatory for intermediaries

Mahajan for fresh look at super regulator's role — Convergence Bill not on LS agenda right now

RBI moots identification No. for bank customer

Report of National Commission on Labour — Inconsistencies weaken the safety net

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Nov. 24-Nov. 30
Risk management system must for AMCs, trustee cos

Maruti may file public issue draft prospectus next month