The Hindu Business Line : Wednesday, September 10, 2003

Flood of payouts from fund houses likely this month
A DELUGE of dividends from mutual funds is likely to hit the market right through September even as funds line up to pay loyal investors. A number of growth and balanced schemes are expected to come out with medium-to-large sized payouts over the ... More

TECHNICAL ANALYSIS

Initial gains lost
BULLS exerted further pressure during the initial hours of Tuesday's trading activity. Later on, bears gained control of the day's proceedings. Tuesday's market action resulted in reducing the bull count by a considerable margin. The market ... More

STOCK EXCHANGES

CSE to seek more time to reply to SEBI notice
A RECENT notice of the Securities and Exchange Board of India (SEBI), served under Section 11(1) of the Securities Contract (Regulation) Act, 1956, on the Committee of the Calcutta Stock Exchange, pointing out various deficiencies in the ... More

STOCK MARKETS

Block deal propels Welspun to year high
THE stock of submerged arc welded (SAW) pipes maker, Welspun Gujarat Stahl Rohren, hit a 52-week high of Rs 32.25 on the BSE on Tuesday. Market sources said that a huge block deal of 3 crore shares was undertaken on the counter in mid-afternoon ... More

Parent influence on Nestle
Dealers said the Swiss multinational bought around 5-6 lakh shares from the open market. The price for the deal was around Rs 585-590. The seller of these shares was a leading domestic mutual fund. This deal is understood to be of around Rs 35 ... More

Panic selling as stocks put under trade-to-trade segment
THE BSE and NSE decision to bring stocks under the Z category and trade-to-trade segment had an immediate impact on these stocks with the stock price of most of the companies falling in Tuesday's trading. Brokers said panic selling in these ... More

DERIVATIVES MARKETS

Positive outlook for Satyam, negative for Polaris
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Equity options Satyam Computer: The outlook on this stock is positive. The upside price target is Rs 280. The downside risk level is ... More

COMMENTARY

Bull run paused; Reliance, Infosys gain
THE stock market's relentless bull run was punctuated on Tuesday. After opening on a firm note, the indices scaled higher levels as the day progressed. However, selling pressure towards the close of the trading session pushed the indices into the ... More

Stock Quotes
SE Diary

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