The Hindu Business Line : Friday, October 24, 2003

LGB announces bonus issue; opts for stock split
THE city-based auto component manufacturer L.G. Balakrishnan & Bros Ltd (LGB) has recorded a higher turnover and net profit in the second quarter of current fiscal compared to the corresponding period last year. The board of directors of the ... More

TECHNICAL ANALYSIS

Bear onslaught
BEARS were in total command on Thursday. Their dominance for the second successive trading left the bulls stranded. The market sentiment reading of the tradable counters stands strongly bearish with no uptrend counters. Irrespective of bull or ... More

STOCK MARKETS

Sensex stays in negative territory
IN the end on Diwali eve, foreign investors remained bullish and domestic investors had a change of heart. Widespread selling by Indian investors led by local mutual funds brought stock prices crashing down for the fourth consecutive day today, a ... More

Merger rumours keep Titan Ind on uptick
NOTWITHSTANDING a few hiccups, the stock of Titan Industries Ltd has been steadily gaining strength over the past month on the back of rumours of a merger with Trent Ltd. Market sources believe that in the view of the fact that Mr Ratan Tata is ... More

LIC lifeline for pharma scrips
THE Life Insurance Corporation of India, known to always have a contrarian's view on the stock market, was said to be buying shares in many counters on Thursday. According to market sources, the life insurer was buying frontline pharmaceutical ... More

DERIVATIVES MARKETS

Bank contracts lose interest
AS the market fell for fourth day in a row, owing to profit-bookings and partly by festive mood ahead of Diwali, trading activity dipped sharply on Thursday in the derivative segment on the National Stock Exchange. About Rs 9,531 crore worth ... More

COMMENTARY

Frontline stocks slaughtered
WITH the benchmark indices recording their fourth straight day of decline, the downward correction to the recent uptrend appears to have well and truly set in. The 30-stock BSE Sensex dropped by 92.79 points to close at 4648.41 while the 50-stock ... More

Stock Quotes
SE Diary

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