The Hindu Business Line : Tuesday, September 02, 2003

Bull domination
BULLS extended their dominance over Monday's trading activity. Bears were unable to make any impact during the day's trading. The market sentiment reading of the tradable counters was bullish. Bear domination on Tuesday is likely to neutralise ... More

STOCK MARKETS

Sensex crosses 4,300 mark
THE BSE Sensex on Monday crossed another psychological barrier of 4,300 levels, touching the 30-month high levels on sustained buying support in stocks across sectors. The Sensex moving to free-float from today did not have any effect. ... More

Divestment hurdles fail to stop PSU stocks
THE state-owned companies stocks are among the top picks of the market players despite hurdles in disinvestment. The rising interest in the PSU stocks is evident from the BSE PSU Index touching an all-time high on Monday. On Friday, the ... More

Raymond up on brand strength
TEXTILE and apparel company Raymond Ltd stock is being eyed by the institutional investors. Dealers said the active buying in the counter is after the sharp rise in the stock price of Arvind Mills in the last few months. Recently, a leading ... More

LIC rides Sensex wave, books Rs 1,200-cr gain
THE Life Insurance Corporation (LIC) has booked a profit of about Rs 1,200 crore from sale of its investment in equities since April this year, a senior official said on Monday. In January-March-2003 when Sensex was ruling at 2900 points, LIC ... More

Number hopes, sectoral fancy prop GE Shipping
GE Shipping (GES) has been witnessing good market support in the last three months on the bourses, with the stock having moved up by almost 58 per cent from the level of Rs 48-49. Market participants said the upside in the counter started on ... More

DERIVATIVES MARKETS

M&M: Outlook negative, short Sept futures
THE following strategies are based on Monday's trading in the derivatives segment on the NSE: Equity options M&M: The outlook on this stock is negative. The downside price target is Rs 180. The upside risk level is Rs 215. Note ... More

EVENTS

BSE investors' workshop tomorrow
AS a part of the nationwide Securities Market Awareness Campaign kicked off early this year, the Bombay Stock Exchange (BSE) is holding the first of these workshops here on Wednesday in association with the Securities and Exchange Board of India ... More

COMMENTARY

Sensex continues bullish trot
THE markets remained in a bull orbit for the fifth day on the trot, driven by gains in key index stocks such as Reliance Industries, Hindustan Lever, ITC and HDFC. In a day that saw a further consolidation of the bullish trend ... More

IPOS

Booming bourses bring cos to primary market
WITH the secondary market recording new highs every day, the primary market also seems to be attracting several companies looking to raise funds. A number of companies have approached SEBI over the last month and filed their offer documents to ... More

BAG Films IPO to open on Sept 6

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