Financial Daily from THE HINDU group of publications
Saturday, July 12, 2003
Markets (July 11)
BL 2501311.48 (+0.28)
BSE Sensex3676.26 (-3.37)
S&P CNX Nifty1161.65 (-0.70)
Dollar (Buy/Sell)46.09/46.22
Gold Std (10 gm)5265

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Era of coalitions
THE Congress move to accept coalitions as a means of attaining political power at the Centre and the States (that route is already employed in a number of States — Maharashtra, for example) should not be seen as something novel and ... More


Belling the corruption cat that has nine lives
WHAT is the single greatest obstacle to economic and social development? What is it that undermines development by distorting the rule of law and weakening the institutional foundation on which economic growth depends? ... More


LIC, UTI sell tech stocks
AFTER the euphoria in technology stocks on Thursday following the good results by Infosys Technologies, most of the counters on Friday came under selling pressure. The selling started with top-rung stocks such as Infosys, Wipro and Satyam ... More


Initiate short futures long call position on Infosys
THE following strategies are based on Friday's trading in the derivatives segment on the NSE: Equity option The outlook on Infosys is negative. Note that the put-call open interest ratio is very high, as is the put implied volatility. ... More


Maruti in top gear; profit taking ensures tech slide
AFTER witnessing hectic trading activity over the past two trading days on account of the listing of Maruti on Wednesday and the declaration of quarterly results by tech bellwether Infosys on Thursday, trading on the markets turned distinctly ... More
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