Financial Daily from THE HINDU group of publications
Saturday, November 08, 2003
Markets (Nov. 7)
BL 2501762.42 (-12.62)
BSE Sensex4971.57 (-75.97)
S&P CNX Nifty1592.05 (-20.15)
US Dollar (Buy/Sell)45.23/45.36
Gold Std (10 gm)5705 (-25)

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FINANCIAL SERVICES


Motilal Oswal launches PMS
STOCK-BROKING firm Motilal Oswal Securities has launched a portfolio management service for high net worth individuals. The plan, called Trading Portfolio Management Service, has a minimum entry level of Rs 10 lakh. It would aim for high ... More

MUTUAL FUNDS


PruICICI launches new product under fund of funds plan
PRUDENTIAL ICICI Asset Management Company has launched a new product `Pru ICICI Advisor Series' based on the concept of fund of funds. The product that offers structured plans to suit five different investor profiles, would invest only in the ... More

TECHNICAL ANALYSIS


Bear domination
BEARS were in total command of Friday's trading activity. Their dominance left the bulls without any opportunity to recover during the day's trading. The market sentiment reading of the tradable counters stands neutral. Bear domination on Monday ... More

STOCK EXCHANGES


BgSE demutualisation plan hanging fire
THE corporatisation and de-mutualisation plan of the Bangalore Stock Exchange (BgSE) hangs fire as the Securities and Exchange Board of India (SEBI) is yet to indicate any timeline for its approval and/or suggestion to the roadmap prepared by ... More

STOCK MARKETS


Prospect of tonnage tax boosts shipping stocks
PROPELLED by buoyant freight market, especially in the dry bulk segment, and ample indications that the Government is seriously engaged in piecing together a tonnage tax regime for the shipping industry, stocks of shipping companies are steaming ... More

Man Ind gains on order talk
MARKET players seem to have turned buyers on the sub-arc-welded (SAW) pipe maker Man Industries counter. Dealers said over the last few days, several large investors and FIIs have started buying the shares of the company. Active buying has led ... More

SRF gains 14.9 pc; trading volume more than doubles
THE SRF stock today saw 14.92 per cent jump in its price and traded volume more than double. According to dealers, recent buying by a leading stockbroking firm has led to retail investors taking substantial entry on Friday. The stock ... More

DERIVATIVES MARKETS


M&M: Outlook negative, short Dec futures
THE following strategies are based on Friday's trading in the derivatives segment on the NSE: Equity options M&M: The outlook on this stock is negative. The downside price target is Rs 259. The upside risk level is Rs 400. Note ... More

FINANCIAL INSTITUTIONS


NSE removes quantity freeze for institutional investors
THE National Stock Exchange (NSE) has decided to do away with the quantity freeze for institutional investors. The exchange, in a notice to its members, said this has been done due to requests from various trading members. However for this, ... More

COMMENTARY


Sensex plunges third day in a row
FOR third day in a row, the benchmark BSE Sensex ended in the negative territory, shedding 75.97 points (1.51 per cent). On Friday, the 30-stock index witnessed volatile activity and closed the week lower at 4971.57 points. The index opened ... More
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NSE removes quantity freeze for institutional investors


Dip in consulting income, strong rupee tell on i-flex

Private insurers improve market share in first half

Nestle renders new look to dairying in Punjab

Govt to formulate steel policy soon; aims at boosting exports

In Focus
The Cable tangle
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Oil PSUs: Disinvestment dilemma
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Looking back
Oct. 26-Nov. 1
Petrochem, auto sectors hot pick by FIIs: CLSA study

SEBI gives clean chit to FII inflows — Says no participatory notes issued to OCBs


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