Financial Daily from THE HINDU group of publications
Friday, April 18, 2003
Markets (April 17)
BL 2501009.19 (-14.66)
BSE Sensex2984.50 (-47.82)
S&P CNX Nifty940.70 (-17.95)
Dollar (Buy/Sell)47.31/47.44
Gold Std (10 gm)5165 (+25)

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Tata MF lines up floating rate fund
TATA Mutual Fund has lined up an income fund that will focus on floating rate securities. The proposed Tata Floating Rate Fund, which will invest only in debt and money market instruments, will offer investors two options - long and short ... More

Mutual funds pushing for `master folios'
MULTIPLICITY of transactions in various schemes is prompting mutual funds to increasingly push for master folios, a concept that is being pursued by some influential fund houses. The plan allows investors to maintain all their holdings in ... More


Bear domination
BEARS were in total command of Thursday's trading activity. Their dominance left the bulls with no opportunity to recover during the day's trading. The market sentiment reading of the tradable counters remains bearish with no uptrend counters. ... More


'Lack of banking facilities hits T+2 implementation'
THE Association of NSE Members of India (ANMI) has again raised the issue of non-availability of the right banking facilities as the stumbling block for implementing the T+2 settlement system. It has complained that most banks are yet to equip ... More


Techs disappoint market yet again
THE technology sector disappointed the markets once again today with Wipro announcing `below expectations' results leading to a fall of 47.82 points in the BSE Sensex, which ended below the 3000 level at 2984.50, and a decline of a 17.95 points ... More

ONGC is value buy, feel analysts
SHARES of Oil and Natural Gas Corporation (ONGC) may be currently ruling weak on the bourses, but the counter is steadily garnering investor interest on good valuations play. So much so that analysts across various broking houses are ... More

Moser Baer rises ahead of results
ON a day when most of the stocks fell, the stock of data storage company Moser Baer India bucked the trend. In fact, it gained by 5.28 per cent to Rs 266.95 with a volume of 1.54 lakh shares on the BSE; on the NSE, it closed at Rs 269, up 6.24 ... More


Polaris futures down
TURNOVER improved marginally at the futures & options (F&O) segment on the NSE on Thursday to Rs 2165.42 crore as against Wednesday's turnover of Rs 2143 crore. Stock futures and equity options accounted for most of the turnover with Rs 1787.21 ... More


FIIs up stake in Ranbaxy
FOREIGN Institutional Investors (FIIs) have increased their equity stake in Ranbaxy Laboratories in the first quarter (January-March) of 2003 to 22.61 per cent from 20.07 per cent in end-December 2002. Simultaneously, the company's share price ... More


Markets resume southward journey
THE gains registered by the markets during Wednesday's trade proved to be just a temporary blip on the radar screen and markets resumed their by-now-familiar southward journey, triggered by a combination of disappointing results declaration by ... More
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