Financial Daily from THE HINDU group of publications
Saturday, March 29, 2003
Markets (March 28)
BL 2501049.04 (-2.08)
BSE Sensex3115.44 (-1.35)
S&P CNX Nifty1000.60 (-2.10)
Dollar (Buy/Sell)47.52/47.65
Gold Std (10 gm)5260 (-40)

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Birla Sun Life plans floating rate scheme
BIRLA Sun Life Mutual Fund plans to introduce an income fund that will make substantial investments in floating rate debt and money market instruments. The proposed Birla Floating Rate Fund will have at least 65 per cent of its portfolio ... More


Lacklustre movement
FRIDAY'S trading activity witnessed narrow movement. Stock prices of the tradable counters moved within a close band. Bears managed to gain marginally from the day's trading. The sentiment reading of the tradable counters stands mildly bearish. ... More


Bank stocks in the limelight
IN an otherwise listless market, PSU banks remained the flavour of the day, registering good volumes on the back of sustained interest. While Union Bank of India, Andhra Bank moved up, it was Punjab National Bank and Canara Bank that led the ... More

Merger blues affect Digital
THE stock price of Digital Globalsoft remained depressed on Friday on account of select institutional selling. According to dealers, the selling apparently resulted due to market talks that the much-anticipated merger of the company with its ... More

TRAI decision pushes VSNL to new low
THE VSNL stock today closed at its 52-week low on significant selling over the Telecom Regulatory Authority of India's (TRAI) decision of postponing implementation of new tariff for landline telephones by a month. The counter attracted volume ... More


Turnover drops in derivatives
TURNOVER dropped sharply on Friday on the NSE as the market activity was mainly in the near-month contracts (April contracts). Turnover on Friday was Rs 1909.81 crore against the Thursday's turnover of Rs 3548 crore, which included March ... More

BSE removes 12 stocks from F&O trading
THE Bombay Stock Exchange (BSE) has taken off 12 stocks from the futures and options trading as they failed to meet the SEBI trading criteria. The BSE in a circular to its members said that no new contract would be introduced for trading in ... More


Equities end flat in listless day; Reliance up
WITH the US-Iraq war continuing and no clear signals of the outcome, the market was cautious, trading in a narrow 31-point band and ended the day flat. The BSE Sensex ended on Friday, losing 1.35 points at 3115.44, as compared to Thursday's close ... More
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