The Hindu Business Line : Tuesday, April 29, 2003

Volatile movement
BEARS were in control of the initial hours of Monday's trading activity. Later on, bulls took over and recouped their losses. Neither the bulls nor the bears could gain from the day's trading. The sentiment reading of the tradable counters ... More

STOCK MARKETS

Banking stocks rally ahead of Credit Policy
The banking sector stocks witnessed an across-the-board rally on the bourses today in a run-up to the Credit Policy, to be announced on Tuesday, on expectations of a cut in the Bank Rate and repo rate. Though the Credit Policy seemed to be the ... More

Jindal Steel on fire after dividend announcement
THE Jindal Iron & Steel Co Ltd (Jisco) stock was in limelight on Monday on the major bourses just before the announcement of the 2002-03 results. The Jisco board recommended a dividend of 30 per cent. The stock moved up steadily to finish at ... More

Indo Gulf Fert hits new high
THE share price of Indo Gulf Fertiliser Ltd (IGFL) touched a new calendar year high at Rs 44.50 on the BSE in early afternoon trades on the back of strong FY2002-03 results . Brokers said the share scaled to a new high today after it was listed ... More

Pritish Nandy up on placement talks
AFTER the fall in the stock price of Pritish Nandy Communications due to the not-so-encouraging performance of its recent release Kaante, the stock of the media company saw some increased activity on Monday. The stock saw sharp ... More

DERIVATIVES MARKETS

Turnover falls in NSE derivatives segment
TURNOVER in the derivatives segment on the National Stock Exchange dropped to Rs 1,809.49 crore on Monday as against Friday's turnover of about Rs 2,160 crore. Out of this, more than 50 per cent was accounted by single-stock futures. Index ... More

COMMENTARY

Stock-specific buying lifts Sensex up
THE market reversed its southward journey to end the day in positive territory, due to stock-specific buying. The benchmark BSE Sensex ended on Monday at 2,936.71 points, higher by 12.68 points, compared to last week's close. The Nifty, on ... More

Stock Quotes
SE Diary

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