Financial Daily from THE HINDU group of publications
Thursday, January 23, 2003
Markets (Jan. 22)
BL 2501132.79 (+1.83)
BSE Sensex3357.04 (+2.90)
S&P CNX Nifty1082.90 (+5.0)
Dollar (Buy/Sell)47.88/48.01
Gold Std (10 gm)5800 (+50)

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Canliquid dividend
MANGALORE: CANBANK Mutual Fund has announced the fifty-third tranche of weekly dividend in its Canliquid scheme. The dividend, under the dividend re-investment plan as on January 20, has worked out to Re 0.0120 per unit for seven days ... More


Bull sentiment prevails
FOR the second successive trading day, the market moved within a narrow band. Bulls managed to gained control of the day's trading. This resulted in reducing the bear count by a considerable margin. The sentiment reading of the tradable counters ... More


FI buying seen in Bharti
SELECT institutional players are accumulating Bharti Tele-Ventures. After the good third quarter financial performance, market players have turned bullish on the stock. However, the recent cut in the rates for STD and free incoming calls are ... More

Institutions up stake in Ranbaxy Lab
INSTITUTIONAL investors (both Indian and foreign) have sharply increased their shareholding in Ranbaxy Laboratories over the last 15 months in the backdrop of the US becoming the company's biggest market. Between September 2001 and December ... More

Speculative action in Nedungadi Bank?
THE Nedungadi Bank (NBL) stock, which has been on an upswing in the recent past, today spurted 20 per cent on news of the process of amalgamating the loss-making bank with Punjab National Bank having received the Cabinet approval. The stock, ... More


Buy Jan 1080 Nifty puts
THE following strategy is based on Wednesday's trading in the derivatives segment on the NSE: Index option: The immediate outlook on the Nifty spot index is negative. The downside target is 1068. The risk is that the current upside ... More


Profit-taking in bank stocks
THE absence of any sort of trigger resulted in a lacklustre trading environment at the domestic bourses. Reflective of the subdued activity, the benchmark indices — BSE Sensex and the NSE's Nifty — were confined to a narrow trading ... More
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Jan. 12-Jan. 18
`Market to move in broad-based manner' — Mr Anup Maheshwari, Fund Manager, DSP ML Mutual Fund

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