The Hindu Business Line : Tuesday, July 22, 2003

Bear onslaught
BEARS continued their march for the second consecutive trading day. Bulls were unable to make any impact during the day's trading. The market sentiment reading of the tradable counters continues to remain bearish. Irrespective of bull or bear ... More

STOCK EXCHANGES

Hyderabad bourse completes exercise of demutualisation
HYDERABAD bourse completes demutualisation exercise after having substantially slashed its listing fee in a bid to hold back the companies from delisting process and, thereby, emerging as one of the few Indian stock exchanges to do so. The ... More

STOCK MARKETS

Renewed buying lifts GACL
GUJARAT Ambuja Cements Ltd (GACL) firmed up on Monday on fresh buying interest. Brokers said the momentum was in line with expectations ahead of the company's June quarter results. The stock ended the day at Rs 211 on the BSE with around 3.2 lakh ... More

Nalco strong on order talk
DISINVESTMENT or no disinvestment, the market seems to have a positive outlook on the National Aluminium Company (Nalco). According to dealers, despite the uncertainty regarding the company's disinvestment, institutional investors were seen ... More

BPL, Videocon share day's honour
THE stocks of BPL and Videocon International today moved upstream amid declining indices. According to dealers, the increased activity in the BPL stock on the major bourses could be attributed to buying triggered by the news that Celestial ... More

Agro Tech Foods to delist from 2 SEs
AGRO Tech Foods Ltd (AFTL), a subsidiary of ConAgra, proposes to delist its equity shares on the stock exchanges of Hyderabad and Kolkata. The company would be seeking the authorisation of its shareholders in this regard at its annual general ... More

DERIVATIVES MARKETS

Satyam: Outlook positive, buy July 175 calls
THE following strategies are based on Monday's trading in the derivatives trading on the NSE: Equity option: The outlook on Satyam Computer is positive. The put-call open interest ratio has declined. Further, futures and calls still ... More

COMMENTARY

Select stocks shine on a wilting day
THE markets opened for the week on a distinctly bearish note. There was selling pressure in the markets as the BSE Sensex plummeted by 78 points (or 2.14 per cent) to close at 3569.58 points. Similarly, the S& P CNX Nifty also ended in the ... More

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