Financial Daily from THE HINDU group of publications
Friday, September 12, 2003
Markets (Sept. 11)
BL 2501605.35 (-3.31)
BSE Sensex4393.13 (-41.13)
S&P CNX Nifty1403.15 (-6.40)
US Dollar (Buy/Sell)45.66/45.79
Gold Std (10 gm)5720

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Bear run arrested
BEARS exerted further pressure during the initial hours of Thursday's trading activity. Thereafter, bulls took over and wiped out their early losses. Neither the bulls nor the bears could gain from the day's trading. The market sentiment reading ... More


Cipla in accumulation mode
AT a time when most of the pharma companies stocks are on upward move, Cipla is no exception. However, if the market talks are to be believed, this stock is expected to outperform its peers. This is due to the various developments happening in ... More

Jain Irrigation up on AP order hopes
THE stock of Jain Irrigation, the company engaged into drip irrigation, has been attracting a lot of market attention over the last one week on expectation of the company bagging order from Andhra Pradesh farmers. In the last one week, Jain ... More

Bata makes long stride on value buying
THE Bata stock on Thursday recorded a 52-week high with 11.54 lakh shares traded on the NSE. In terms of price, the stock has been making smart strides in the last few trading sessions on major bourses. The stock closed today at Rs 45.90 ... More

Revival plans pep up Bombay Dyeing
THE stock of Bombay Dyeing and Manufacturing company rallied sharply on the bourses today on restructuring reports. Confirming this, Mr Ness Wadia, Deputy Managing Director, Bombay Dyeing, told Business Line that the company was looking ... More


BPCL: Outlook remains positive, buy Sept 350 calls
THE following strategies are based on Thursday's trading in the derivatives segment on the NSE: Equity options BPCL: The outlook on this stock remains positive. The upside price target is Rs 385. The downside risk level is Rs ... More


India figures low in Fidelity priority list
INDIA is still a bit player when it comes to allocations made to emerging markets by Fidelity, the US fund management major that is widely expected to set up shop in this country. A look at portfolios of some of the emerging market, regional ... More


Birla Sun Life to swell assets by Rs 1,000 cr
BIRLA Sun Life AMC Ltd plans to add close to Rs 1,000 crore to its existing Rs 9,000 crore of funds under management by end of this fiscal. The inflow is likely to be triggered through existing schemes and there is no plan to introduce new ... More


Banking, PSU scrips stand their ground
SELLING pressure in the latter half of the day knocked off some of the gains that had accumulated over the week. The indices opened firm but weakness in techies and drop in prices of index heavyweights such as Reliance, HLL and ITC ... More
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