The Hindu Business Line : Tuesday, November 18, 2003

Cholamandalam MF to diversify tech scheme
CHOLAMANDALAM Mutual Fund will become the second player to reposition its technology scheme into a diversified product aimed at investing in a host of sectors. In its new format, the proposed Chola Opportunities Fund will consider companies ... More

Commission on MF products sale to attract service tax
THE Finance Ministry has clarified that services of distributors of mutual funds are basically in the nature of services of commission agents as defined under `Business auxiliary services.' These, therefore, should be liable to service tax. ... More

TECHNICAL ANALYSIS

Bull domination
BULLS were in total command of Monday's trading activity. Bears were unable to make any impact during the day's trading. The market sentiment reading of the tradable counters stands bullish. Bear domination on Tuesday is likely to neutralise the ... More

STOCK MARKETS

BSE imposes special margin on 96 stocks
AFTER the National Stock Exchange (NSE), it is the turn of Bombay Stock Exchange (BSE) to impose special margins on brokers' positions. The BSE today imposed special margins on 96 stocks, of which 35 are from the A group, in the cash ... More

Balaji Tele back on buy list
AFTER being ignored for over six months, the stock of Balaji Telefilms is back on the buy list of several institutional investors. The main factor for the interest revival is that uncertainty related to implementation of the conditional access ... More

Bata sees huge volumes amid order buzz
THE stock of shoemaker Bata India was locked at 20 per cent upper circuit at Rs 59.20 (BSE) and Rs 58.10 (NSE) amid huge volumes on the bourses on Monday. The counter, which according to chartists witnessed a technical breakout on Monday, was ... More

DERIVATIVES MARKETS

Tata Motors: Outlook positive, buy Dec futures
THE following strategies are based on Monday's trading in the derivatives segment on the NSE: Equity options Tata Motors: The near-term outlook on the stock is positive. The upside price target is Rs 405. The downside risk level ... More

COMMENTARY

Heavyweights drive rally in volatile trading
AFTER the strong closing on Saturday, major stock market indices opened on a low note on Monday, the first trading session of this week. The session was marked by extremely volatile trading with the movement in the indices reflecting sharp swings ... More

Stock Quotes
SE Diary

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