The Hindu Business Line : Wednesday, March 05, 2003

`Budget has little to kindle stock markets'
Not only was the customary excitement in the run-up to the Budget missing this time, but post-Budget, the markets have not been on fire and actually moved to negative territory on Tuesday, which has however not come as a surprise to capital market wa tchers here. More

MUTUAL FUNDS

AMC transfer agents set to streamline activities
TRANSFER agents to asset management companies (AMCs) are set to bring in far-reaching changes in line with the latest policy on intermediaries adopted by the Association of Mutual Funds in India. With the deadline for registration set by SEBI ... More

TECHNICAL ANALYSIS

Bear domination
BEARS were in total control of Tuesday's trading activity. Their dominance left the bulls no opportunity to recover the losses. Tuesday's market action resulted in terminating the uptrend counters in the tradable list. The market sentiment ... More

STOCK MARKETS

Stocks tumble on talk of SEBI code for FIIs
RUMOURS that the Securities and Exchange Board of India (SEBI) might ban participatory notes (PNs) issued by FIIs affected prices of several stocks, especially those having high foreign holding. The most affected stocks in today's trading were ... More

Tata Steel slides on weak Posco
According to market sources, reports that POSCO, the world's lowest cost producer of steel and South Korea's largest, posted a 14-per cent drop in profits seemed to have pushed the stock into negative territory. The stock ended the day at Rs ... More

Fund support seen in BoB
ON a day that saw the banking sector stocks slide, Bank of Baroda (BoB) ended in the positive region on the back of sustained buying. According to dealers, a recently-much-in-news foreign mutual fund was seen buying in to the counter on ... More

DERIVATIVES MARKETS

Outlook negative on Digital, Tata Engg
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Equity options Digital GlobalSoft: The outlook on this stock is negative. Two factors that suggest as much are the gradual increase ... More

COMMENTARY

All-round selling weakens sentiment
THE stock market sentiment remained subdued, which resulted in the indices recording the second consecutive day of decline. Led by technology stocks, the benchmark indices — the BSE Sensex and the NSE S&P CNX Nifty — ended the day on ... More

Stock Quotes
SE Diary

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