The Hindu Business Line : Friday, August 15, 2003

BoB gearing up for insurance foray
BOB Mutual Fund has launched two open-ended equity related schemes, `BOB Balance Fund' and `BOB Growth Fund'. The initial public offer for the two schemes opened on Thursday and closes on September 3. At present, BOB's Mutual Fund corpus is ... More

UTI's SUS-99 assets nearly double
THE market value of assets managed under the Special Unit Scheme 1999 (SUS-99) of UTI has risen to Rs 4,327 crore as on August 13. The scheme, managed by the Administrator of the Special Undertaking UTI, has given a return of 32.26 per cent per ... More

STOCKS

MSCI includes Maruti in India index

TECHNICAL ANALYSIS

Bull run arrested
BULLS exerted pressure during the initial hours of Thursday's trading activity. Thereafter, bears took over and recouped their early losses. Thursday's market action resulted in initiating the uptrend in few tradable counters. The market ... More

STOCK EXCHANGES

`Drastic steps vital for CSE to survive'
SMALL-TIME finance, investment and trading companies are again in the limelight at the Calcutta Stock Exchange (CSE), which not very long ago regularly recorded substantial volumes in leading large-cap companies. The exchange today is a haven for ... More

STOCK MARKETS

Institutional support jacks up Grasim
SHARES of Grasim Industries rallied sharply on the back of institutional and market support with the stock hitting a 52-week high during intra-day trade. The stock, however, slipped of its high to end the day at Rs 614.15, up 3.31 per cent on ... More

HM driven up by stake sale talk
Hindustan Motors, maker of the ubiquitous Ambassador car, is planning to sell a part of its stake to the global auto giant General Motors, says the stock market grapevine. A spokesperson for General Motors India says the story is fiction, ... More

Phillips Carbon Black touches 52-week high
THE Phillips Carbon Black stock on Thursday scaled its new 52-week high at Rs 52.80 on the Bombay Stock Exchange on significant investment buying. According to dealers, the stock has been smartly moving up in the last three sessions with ... More

DERIVATIVES MARKETS

Shipping Corpn: Outlook negative, short Sept futures
THE following strategies are based on Thursday's trading in the derivatives segment on the NSE: Equity options M&M: The outlook on this stock is positive. The open position as a percentage of the market-wide limit is above 70 ... More

FOREIGN INSTITUTIONAL INVESTORS

FII holding in Satyam at 60 pc
WITH foreign institutional investors (FIIs) including Templeton Global, Merrill Lynch increasing their exposure in Satyam Computer Services Ltd stock, its overall foreign shareholding has gone up to 60 per cent in July, up from 55.18 per cent in ... More

COMMENTARY

Sensex ends marginally lower
DESPITE opening 6.52 points higher than Wednesday's closing and remaining in the positive ground for the major part of the day, the benchmark BSE Sensex ended the last trading day of the week marginally lower. On Thursday, the 30-stock Index ... More

IPOS

Bid to prevent fly-by-night promoters — IPO disclosure norms tightened
IN an effort to stop fly-by-night promoters of companies from tapping the primary market, the Securities and Exchange Board of India has made mandatory full disclosures of the promoters' background, including photographs and PAN details, in offer ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line