Financial Daily from THE HINDU group of publications
Saturday, May 17, 2003
Markets (May 16)
BL 2501083.68 (+16.19)
BSE Sensex3056.58 (+43.61)
S&P CNX Nifty973.10 (+13.25)
Dollar (Buy/Sell)47.09/47.21
Gold Std (10 gm)5525 (-15)

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MARKETS

TECHNICAL ANALYSIS


Bull domination
BULLS were in total command of Friday's trading activity. Bears were unable to make any recovery for the fourth successive trading day. The market sentiment reading of the tradable counters stands strongly bullish with no downtrend counters. Bear ... More

STOCK MARKETS


Singapore-based FIIs light up ITC
THE counter of tobacco major ITC witnessed increased buying activity on the bourses today as the company's stock gained on the back of institutional buying. According to dealers, two large Singapore-based institutional investors picked up ... More

MRPL touches 52-week high
The stock has been deemed attractively valued in the light of expectations that the company may stage a turnaround. More

DERIVATIVES MARKETS


ITC contracts active; open interest jumps
WITH the benchmark indices rallying to close in the positive territory, the turnover in the derivatives segment of NSE was higher by 20 per cent on Friday. Index futures: The spot Nifty closed at 973.10 points, gaining 13.25 points. The ... More

FOREIGN INSTITUTIONAL INVESTORS


FIIs inflow into equity, debt market up 40%
FOREIGN institutional investors (FIIs) inflow into the country's equity and debt market for the period January 1 to May 14, 2003 has grown by almost 40 per cent to touch $ 890 million as against $ 634 million in the corresponding period last ... More

COMMENTARY


Sentiment upbeat as Infosys, ITC climb
THE Sensex posted a rise for the fourth day in succession to close at 3056.58 points, a gain of 43.61 points over Thursday's close. The move was aided by buying witnessed in frontline Sensex stocks, apart from activity in select mid-cap counters. ... More
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In Focus
SARS scare
The Cable tangle
Indo-Pak Monitor
Indo-China Relations
Telecom Competition
Oil PSUs: Disinvestment dilemma
NPAs in Banking
In Depth
Simple Economics
Consumer Notes
Tax Talk
The Brahmananda collection
NRIs & Investment Avenues
Corporate Governance
Gold: Still the winner?
Cars: Always a beauty
Books and Reviews
Looking back
May. 4-May. 10
Trading interest dull in major bourses

Can the market bank on banking stocks?

Investors fancy cos with high dividend yield


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