The Hindu Business Line : Wednesday, December 18, 2002

Pick your stocks with care for steady gains
"Retail investors should not look for timing the market while taking investment decisions since the market could move in either direction too fast due to reasons beyond the control of the ordinary investors." More

MUTUAL FUNDS

Happy times are here again for equity funds
The NAVs of some of the prominent equity-based schemes have bounced back by 10-15 per cent in the past one month. This growth is expected to gain momentum in the coming quarters with the fundamentally sound stocks in the old economy segment further g aining in value, apart from sectors like software. More

TECHNICAL ANALYSIS

Bears march ahead
BEARS extended their pressure over Tuesday's trading activity. This resulted in initiating downtrend in most of the tradable counters. The market sentiment reading of the tradable counters stands strongly bearish. Bull domination on Wednesday is ... More

STOCK MARKETS

Grasim volumes surge
TRADED volumes on the Grasim counter today rose about six-fold on the Bombay Stock Exchange and four-fold on the National Stock Exchange over yesterday's volumes. Brokers attributed this to likely "block deals in inter-scheme transfers". On ... More

US stock market recovery in anti-bubble phase, say physicists
Two physicists of the University of California in Los Angeles have come out with a statistical physics model that predicts that the US capital market, which is currently trying to find its feet, will tumble again. According to a report by ... More

Fund buying in HDFC Bank
HDFC Bank was in the spotlight on Tuesday with some funds buying into the stock. According to market sources, a prominent domestic brokerage firm is said to have bought into the counter and analysts put it to attractive valuations. The stock ... More

BEML surges on speculative interest
THE stock of public sector undertaking Bharat Earth Movers Ltd (BEML) has been abuzz with activity on speculative as well as trading calls. Today, the stock touched a high of Rs 85.30 on the BSE and Rs 84.90 on the NSE. Yesterday, the counter, ... More

Avon Organics stock jumps on order talk
THE Hyderabad-based Avon Organics Ltd has been soaring in the last few days on rumours that the company is likely to sign a contract to supply pseudoephidrine shortly. Earlier, the company had said that it was in talks with a few multinational ... More

DERIVATIVES MARKETS

Market outlook negative, buy December Nifty puts
THE following strategies are based on Tuesday's trading in the derivatives segment at the NSE: Equity option: The outlook on ACC appears negative, but the downside from the current level is limited. The upside price target is Rs 171, ... More

ASSET MANAGEMENT COMPANIES

Deustche AMC to launch bond fund
DEUTSCHE Asset Management Company (AMC) is to launch an institutional bond fund targeted at the big corporates, banks and high net-worth individuals. According to the offer document filed with the Securities and Exchange Board of India, the ... More

COMMENTARY

Bank stocks steal the show even as others slip
AFTER the reversal on Monday, stocks of public sector banks were again in demand on Tuesday. Led by State Bank of India, stocks of a number of public sector majors recorded sizeable gains. That, however, was not enough to pull up the ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Pick your stocks with care for steady gains

SBI, BoI to test waters in securitisation market

Does `2' prefix point to BSNL-MTNL merger?

Diesel sales dip in November

It's destination biogenerics for pharma

In Focus
Inside China

Gujarat Elections

Small Investor

In Depth
Gender Justice

Simple Economics

India Interior

Consumer Notes

Looking back
Dec. 8-Dec. 14
Bourses cautioned against expanding derivatives list

Funds see bonus issue as tax planning tool