Financial Daily from THE HINDU group of publications
Thursday, September 25, 2003
Markets (Sept. 24)
BL 2501537.85 (+44.40)
BSE Sensex4356.39(+124.70)
S&P CNX Nifty1372.05 (+43.85)
US Dollar (Buy/Sell)45.78/45.89
Gold Std (10 gm)5780 (-25)

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Alliance Capital MF board equally responsible: SEBI
THE Securities and Exchange Board of India (SEBI) confirming its earlier order against Mr Samir Arora, Chief Investment Officer, Alliance Capital Mutual Fund, today said that the board of birectors of the mutual fund was equally responsible for ... More

As deadline for certification nears... MF agents reluctant to enter the fold
The success rate in the qualifying exam, which is conducted by AMFI, has been around 53 per cent. Of the 47,000 mutual fund distributors and agents who appeared for the qualifying exam, 25,000 have passed. More


BSE, NSE shift 8 liquid stocks to trade-to-trade mode
IN an effort to curtail excessive speculation, BSE and NSE have decided to put eight liquid stocks under traded-to-trade segment from Friday. The eight stocks that have put in the trade-to-trade segment are - Global Trust Bank, Himachal ... More


Bull onslaught
BULLS extended their dominance over Wednesday's trading activity. Their dominance for the second successive trading day left the bears stranded. The market sentiment reading of the tradable counters stands bullish with no downtrend counters. Bear ... More


Sensex charged up, gains 124
THE 80-point run of the Sensex on Tuesday, it appears now, was just a warm-up. Bullish stock investors led a charge on Wednesday that saw the 30-share benchmark index of the Bombay Stock Exchange gain 121 points. Across-the-board buying lifted ... More

ACC: The Harshad factor
The share of cement maker ACC was a market favourite on Wednesday. Investor interest has increased in the counter after the Custodian of deceased stockbroker Harshad Mehta invited bids for the sale of 1.62 crore ACC shares that represents nearly ... More


Reliance Ind: Outlook positive, buy Oct 440 calls
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Equity options Reliance Industries: The outlook on this stock is positive. The upside price target is Rs 453. The downside risk ... More


All-round rally as bull run continues
FRONTLINE stocks surged on a day that was marked by a strong bullish undertone with benchmark indices — the Nifty, the CNX 500 and the Sensex — gaining about 3 per cent. Only 12 of the 100 stocks in the Nifty and Junior Nifty ... More


Sunny days here again for IPO market?
THE initial public offer (IPO) market may be coming full circle going by the performance of the issues that entered the market after January 2002. As of Wednesday, the return posted by these companies varied from 39 per cent to 470 per cent on ... More
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Sep. 14-Sep. 20
Vijaya Bank prices issue at a premium of Rs 14

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