Financial Daily from THE HINDU group of publications
Tuesday, December 17, 2002
Markets (Dec. 16)
BL 2501116.60 (-6.20)
BSE Sensex3328.39 (-14.58)
S&P CNX Nifty1078.45 (-7.75)
Dollar (Buy/Sell)48.10/48.23
Gold Std (10 gm)5435 (-15)

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IMPRESSIONS


Palkhivala, the people's advocate
I HAD the privilege of knowing N. A. Palkhivala, organising many of his public lectures in Chennai in the 1970s. His stature and audience grew over the years. From the few hundreds in Gokhale Hall in the 1960s, to a few thousands at the ... More

GLOBAL MONITOR


Gold poised higher
LAST week belonged to gold, which enjoyed a great period with fund buying, largely driven by a softening dollar plus a deluge of geo-political concerns. The yellow metal broke through $ 330 per ounce on Thursday and then to a fresh three-year ... More

EAR TO THE GROUND


Block deals in key counters
IT was a day of block deals in some of the leading index counters. The stocks that witnessed such deals included ACC, Hindustan Lever, MTNL and GAIL. Other counters that attracted smaller block deals were ITC and HDFC. Most of these deals were ... More

ON THE HEDGE


Tata Steel: Outlook negative, buy January 140 puts
THE following are some strategies based on Monday's trading in the derivatives segment at the NSE: Equity options Tata Steel: The outlook on this stock is negative. The downside price target is Rs 132, while the upside price ... More

SENSOR


Gujarat verdict fails to enthuse markets
THE expected boost to sentiment from the victory of BJP in Gujarat did not materialise or was at least not reflected in Monday's trading as stock prices declined. The decline on Monday snapped a four-day winning streak for stocks. Among BSE-500 ... More
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Dec. 8-Dec. 14
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