Financial Daily from THE HINDU group of publications
Tuesday, March 18, 2003
Markets (March 17)
BL 2501046.50 (-5.76)
BSE Sensex3084.91 (-23.33)
S&P CNX Nifty993 (-6.65)
Dollar (Buy/Sell)47.62/47.75
Gold Std (10 gm)5420 (-20)

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Bears march ahead
BEARS were in control of Monday's trading activity. During the wee hours of the day's trading, bulls managed to recover partially. Bears gained substantially from the Monday's trading. The market sentiment reading of the tradable counters stands ... More


War fears spoil market mood
FEARS of an imminent US attack on Iraq dampened the sentiment across equities, debt and currency markets today. Most of the Asian markets such as Tokyo, Hong Kong and London closed lower from Friday's close. The equity futures on the key ... More

Short war may see rally, say observers
HOW would Dalal Street react if the US strikes against Baghdad begin within the next 24 hours? This was the question on each and every market player's lip today. And the opinions varied. The domestic stock market turned nervous on Monday over ... More

Rolta, NIIT at new lows on selling pressure
FEARS of a US attack on Iraq and fractured trading sessions apart, the market appears to be taking a cautious view on Rolta India and NIIT, which hit 52-week low on the bourses intra-day today. Rolta India ended the day at Rs 58.45, down three ... More

HPCL rises as EoI closes
AS the last day for expression of interest (EoI) for HPCL privatisation came to end on Monday, institutional investors were seen purchasing shares of the petroleum major. The active purchases were mainly on account of market talks that leading ... More


Outlook positive on Reliance, Satyam
THE following strategies are based on Monday's trading in the derivatives segment on the NSE: Equity options Reliance Industries: The outlook on this stock is positive. The upside price target is Rs 315. If downside is that the ... More


Market tumbles as war threat looms large
WITH the war clouds looming, the bearish sentiment ended the markets in red. The BSE Sensex slipped 23.30 points or 0.75 per cent to settle at 3084.90 levels. The decline in the Sensex was more pronounced than the Nifty, which closed 5.25 points ... More
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