The Hindu Business Line : Friday, November 14, 2003

SBI Mutual Fund crosses Rs 5,000-cr mark
According to Mr P.G. R. Prasad, Managing Director, SBI Mutual Fund, in a press release: "We revisited our marketing strategy early this year with a thrust on retail investors across the country. We have taken special initiatives in expanding the ... More

TECHNICAL ANALYSIS

Bear domination
BEARS gained control of Thursday's trading activity. Their dominance left the bulls with no opportunity to recover during the day's trading. The market sentiment reading of the tradable counters stands neutral. Bear domination on Friday is likely ... More

STOCK MARKETS

Pvt placement talk drives up Apollo Tyres
THE stock of Apollo Tyres Ltd rallied sharply, coming close to its 52-week high intra-day, on the bourses on Thursday. The stock ended the day at Rs 248.15, up 4.68 per cent with 8.6 lakh shares traded on the NSE. On the BSE, the stock ended the ... More

Merger buzz on Titan, Trent
THE stock market is abuzz with rumour floating about the merger of two Tata group companies — Trent and Titan. Dealers said the initial talks of the possible merger are being worked out. Main factor, according to dealers, for the ... More

Textiles stocks ride high
SOME of the textiles stocks on Thursday smartly moved up on bourses on the news that certain overseas retail chains were planning to source textile products from Indian manufacturers. The Alok Industries and Indian Rayon stocks recorded 52-week ... More

DERIVATIVES MARKETS

BPCL: Outlook negative, short Dec futures
THE following strategies are based on Thursday's trading in the derivatives segment on the NSE: Equity options Andhra Bank: The outlook on this stock is positive. The upside price target is Rs 57. The downside risk level is ... More

COMMENTARY

Indices slip into negative terrain again
DESPITE a spurt in opening prices on Thursday's trading, the benchmark indices slid into negative territory for the second day in a row. The BSE Sensex opened firm at 5,027.99 points (up by 22.22 points) and slid below the 5,000-mark to close ... More

IPOS

Patni files draft IPO prospectus
PATNI Computers Systems Ltd has filed the draft red herring prospectus for its forthcoming public issue with the Securities and Exchange Board of India (SEBI). The offer comprises a fresh issue of 13,400,000 equity shares of Rs 2 each and an ... More

Stock Quotes
SE Diary

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