Financial Daily from THE HINDU group of publications
Thursday, May 29, 2003
Markets (May 28)
BL 2501134.25 (+7.94)
BSE Sensex3130.46 (+48.52)
S&P CNX Nifty990.80 (+13.95)
Dollar (Buy/Sell)46.93/47.07
Gold Std (10 gm)5660 (-110)

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Bull onslaught
BULLS were in total command of Wednesday's trading activity. Bears were unable to make any impact during the day's trading. The market sentiment reading of the tradable counters stands bullish. Bear domination on Thursday is likely to ... More


China hopes lift steel stocks
STEEL counters witnessed hectic activity on Wednesday with volumes swelling at the counters of Steel Authority of India and Tata Steel. SAIL had a combined volume of 2.3 crore shares on the BSE and the NSE. About 45 lakh Tata Steel shares ... More

It's not all glitter for diamond cos
DIAMONDS do not lose their sheen. But for those in the business of selling it for profit, the prospects don't appear to be all that glittering. Though the topline of major diamond exporters has registered a modest growth, their bottom line has ... More

Lupin up sharply on stake sale rumours
SPECULATION over promoters of Lupin Ltd being close to placing 15-20 per cent of their equity with the London-based Citigroup Venture Capital saw the share touch a 52-week high on the bourses during intra-day trading. According to rumours, the ... More


New economy stocks stage smart recovery
THE software and banking stocks spearheaded the rally of the BSE Sensex on Wednesday's trading. The Sensex jumped by 48.52 points (or 1.57 per cent) to settle at 3130.46 points. The new economy stocks, which have been languishing for some time, ... More


June contracts in focus
THERE was heightened activity in the derivative segment on the NSE on Wednesday with the May futures expiring on Thursday. The turnover was higher at Rs 3,276.15 crore as compared to Tuesday's turnover of Rs 3,078 crore. Nifty futures: ... More
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Looking back
May. 18-May. 24
RBI okays direct investment in overseas listed cos

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