Financial Daily from THE HINDU group of publications
Tuesday, March 11, 2003
Markets (March 10)
BL 2501067.35 (-10.56)
BSE Sensex3125.88 (-27.18)
S&P CNX Nifty1006.70 (-10.40)
Dollar (Buy/Sell)47.60/47.73
Gold Std (10 gm)5585 (-60)

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Investment curbs unlikely for UTI-II — Norms to focus on isolating undue influence
IT would be business as usual at UTI-II. The Government has decided not to specify any investment restrictions in the guidelines under preparation to avoid any `conflict of interest' between the trust and its four institutional sponsors. The ... More


Bears march ahead
BEARS exerted further pressure over Monday's trading activity. Bulls were sidelined for the fourth successive trading day. The market sentiment reading of the tradable counters continues to remain bearish. Irrespective of bull or bear domination ... More


HDFC launches toll-free NSE trading in Hyderabad
THE capital market investors of the twin cities of Hyderabad and Secunderabad can now enjoy the benefits of trading on the National Stock Exchange (NSE) from the comforts of their home or office over phone by dialling a toll-free number, thanks ... More


CD price hike talk lifts Moser-Baer
ON a day when most stocks were hammered down, Moser-Baer India bucked the trend. The share price of the company gained 3.61 per cent at Rs 224.15 on the BSE with volumes of 2.35 lakh shares. On the NSE, the stock gained 4.09 per cent at Rs 225 ... More

Lucent order revives Hughes Software
HUGHES Software Systems, the telecom software developer, has been in the limelight over the last one month when most other technology stocks were falling. The rise in the stock price of the company was attributed to the recent order from Lucent ... More


Wipro: Outlook positive, buy March 1400 calls
THE following strategies are based on Monday's trading in the derivatives segment on the NSE: Equity option: The outlook on Wipro appears positive. The upside price target is Rs 1430. The risk is that the current bout of profit taking ... More


SEBI puts `liquidity' issue in regional SEs' court
IS this turning out into a chicken and egg problem? A majority of the regional stock exchanges (RSEs) are making a case that their lifeline (listing fees from mandatory listing stipulation) should not be abruptly disconnected without the capital ... More


Market fails again even as select stocks edge up
FOR all the thrust given to equity investments in the recent Budget, investors appear to be extremely cautious. After a constant downtrend in the previous week, markets failed to revive on Monday as well. Continuing the lacklustre mood the ... More
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