The Hindu Business Line : Wednesday, June 11, 2003

Bears prevail
BEARS gained control of Tuesday's trading activity. Bulls failed to make any impact during the day's trading. The market sentiment reading of the tradeable counters stands bearish. Bull domination on Wednesday is likely to neutralise the ... More

STOCK EXCHANGES

SRF plans to delist securities from 3 SEs

STOCK MARKETS

Sensex down 48 points on heavy selling
THE much-awaited correction in the stock prices was seen on Tuesday as there was across the board selling, pushing down the benchmark indices. The statement from the Finance Minister, Mr Jaswant Singh, on SEBI's probe into bank stocks' ... More

Tie-up talk lifts Bank of Punjab
ON a day when almost all banking stocks lost ground on the bourses, the stock of Bank of Punjab climbed a few notches on the back of consistent buying. According to dealers, the counter has been buzzing with rumours that there is likely to ... More

PSU bank stocks lose most in panic selling
PUBLIC sector banks witnessed panic selling on Tuesday following confusion over the Central Government's stance on the recent volatility in these counters. The stocks of Punjab National Bank, Canara Bank, State Bank of India, Andhra Bank, Bank ... More

DERIVATIVES MARKETS

Tata Steel: Outlook positive, buy July futures
THE following strategies are based on Tuesday's trading at the derivatives segment on the NSE: Equity options Tata Steel: The outlook on this stock is positive. The upside price target is Rs 167. The risk is that the stock may ... More

COMMENTARY

Power stocks firm in falling market
THE markets bucked the uptrend and moved into negative territory. The BSE Sensex closed the day lower by 47.76 points at 3289.55 points. The S&P CNX Nifty declined 15.25 points to 1036.85. Reliance lost Rs 4.45 to close at Rs 302.90. ... More

IPOS

Kotak provides online facility for Maruti IPO
KOTAKSTREET.COM, the online retail broking arm of Kotak Securities Ltd, has announced that it would provide online application facility for the IPO of Maruti Udyog Ltd. Under this facility, the customer can apply for the shares online on ... More

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