The Hindu Business Line : Wednesday, November 05, 2003

Bull domination
BULLS exerted further pressure over Tuesday's trading activity. Bears were successful to the extent of restricting the bulls. The market sentiment reading of the tradable counters remains strongly bullish with no downtrend counters. Bear ... More

STOCK MARKETS

Satyam Computer scales year-high on FII buying
THE Satyam Computer Services stock today moved up to a 52-week high of Rs 341.40 on the NSE and Rs 340.45 on the BSE on the back of FII buying. Some 2.54 crore shares were traded on the NSE. According to the dealers, Goldman Sachs is understood ... More

Metal stocks ride crest of success
WITH the benchmark international prices of metals such as aluminium and copper touching new highs, the market appears to be riding the crest of `metal' success. Metal stocks such as Hindalco, Nalco, Sterlite and Tata Steel have all been gaining ... More

Rising on `The Rising'
THE stock of Adlabs Films rose on Tuesday on strong buying by retail investors as well as domestic institutions. According to dealers, Entertainment One, the film production subsidiary of Adlabs, has tied up private equity funds for its new ... More

DERIVATIVES MARKETS

Tata Power: Outlook positive, buy Nov futures
The following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Equity options SBI: The outlook on this stock is positive. The upside price target is Rs 514. The downside risk level is Rs 473. Note ... More

REGULATORY BODIES & RULINGS

SAT allows Rakesh Agrawal's appeal in Bayer-ABS case
THE Securities Appellate Tribunal (SAT) has allowed the appeal of Mr Rakesh Agrawal, Managing Director, ABS Industries Ltd, against an order by the Securities & Exchange Board of India (SEBI). The case relates to allegations of purchases made ... More

COMMENTARY

Pharma, techs enable Sensex stay aloft
THE momentum in the stock market was maintained as index constituents, primarily in pharma and tech counters, raced ahead. Auto stocks and Reliance on the other hand witnessed correction. The Sensex closed just a shade below 5,100 points at ... More

ECONOMIC OFFENCES

Govt plea to cancel bail for Kamal Parekh rejected
A DIVISION Bench of the Calcutta High Court comprising Mr Justice N.A. Choudhury and Mr Justice A. Barua has rejected the petition of the State Government filed for cancellation of bail of Mr Kamal Parekh, former chairman of Calcutta Stock ... More

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