The Hindu Business Line : Thursday, September 11, 2003

Nihar Info lists on BSE
HYDERABAD: The Hyderabad-based Nihar Info Global, which was earlier known as Genesys Securities Ltd, has announced that the company's shares have been listed on the BSE from Wednesday, according to a company communique. This follows a ... More

Maharashtra Scooters: Bid to stall stake sale to Bajaj
A GROUP of minority shareholders of Maharashtra Scooters Ltd (MSL), a 27:24 per cent joint venture between the Maharashtra Government and Bajaj group, has decided to initiate legal steps to stall the proposed move over sale of the Maharashtra ... More

TECHNICAL ANALYSIS

Volatile movement
BEARS extended their dominance during the initial hours of Wednesday's trading activity. During the wee hours of the day's trading, bulls made a strong comeback and recouped their losses. The market sentiment reading of the tradable counters ... More

STOCK MARKETS

Institutions zoom in on TV-18
TELEVISION Eighteen was on the buying list of the various institutional investors. This was the reason for the sharp jump in the stock price and volume on Wednesday. The stock gained 13.55 per cent at Rs 137.85 on the BSE with volumes of 6.39 ... More

Acquisition rumours push MTNL up
THE stock of the state-run telecom service provider, MTNL, rallied sharply amid huge volumes on the bourses today. The stock, which has been languishing for some time now, got a fresh lease of life on acquisition rumours. Market grapevine has ... More

HFCL gets buy rating from debarred adviser
WHAT has Mr Shankar Sharma's stock-broking firm, First Global - which was debarred from the Indian securities market in 2001 - to do with Himachal Futuristic Communication Ltd (HFCL) now? The London-based First Global (UK) Ltd, a member ... More

DERIVATIVES MARKETS

Positive outlook on Nifty, Andhra Bank
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Equity option: The outlook on Andhra Bank is positive. The upside price target is Rs 52. The downside risk level is Rs 38. Note that the ... More

COMMENTARY

Late buying pulls indices to positive zone
RENEWED buying interest towards the close of the session on Wednesday pulled the key indices back into positive territory after a weak start at the opening had pushed them into the red. The day's session was dotted by yo-yoing sentiment among the ... More

Stock Quotes
SE Diary

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