Financial Daily from THE HINDU group of publications
Wednesday, November 19, 2003
Markets (Nov. 18)
BL 2501747.81 (-14.16)
BSE Sensex4891.13 (-49.10)
S&P CNX Nifty1564.40 (-15.50)
US Dollar (Buy/Sell)45.57/45.71
Gold Std (10 gm)5880 (-30)

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MARKETS

MUTUAL FUNDS


UTI plans to unveil 6 thematic funds
UNIT Trust of India plans to unveil a clutch of six funds, each concentrating on a distinct theme. The ideas chosen by the proposed UTI Thematic Fund are large cap, mid cap, basic industries, auto, banking and PSU. UTI has clearly underlined ... More

TECHNICAL ANALYSIS


Bear domination
BULLS failed to extend their pressure over Tuesday's trading activity. Bears gained control of the day's trading. However, the market sentiment reading of the tradable counters continues to remains bullish. Bear domination on Wednesday is ... More

STOCK EXCHANGES


Regional bourses unsure of IndoNext kick-off date
REGIONAL bourses like the Bangalore Stock Exchange (BgSE) are "unsure" when the proposed IndoNext trading platform would kick-off. "We are working closely with the Federation of Indian Stock Exchanges , but it is too premature to decide on the ... More

STOCK MARKETS


`FIIs are here to stay'
EVEN though there is concern in a section of the stock market that the year-end may see a spate of selling from foreign institutional investors (FIIs), many analysts believe that they will stay invested awhile. They say that FIIs may not resort ... More

Tata Teleservices hits all-time high
TATA Teleservices (Maharashtra) Ltd (formerly Hughes Telecom) stock today created its all-time high at Rs 21.06. It recorded a traded quantity of 2.08 crore shares on the National Stock Exchange, highest in the last three years. The all-time high ... More

DERIVATIVES MARKETS


Outlook negative on L&T, BEL
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Equity options L&T: The outlook on this stock is negative. The downside price target is Rs 339. The upside risk level is Rs 400. ... More

COMMENTARY


Volatility continues; Sensex ends in negative terrain
MUCH like what was witnessed on Monday's trading, markets continued to trade with volatility on Tuesday. Click here for table That, however, was the only similarity between trading on the two days; the volatility ... More

RIGHTS ISSUES


IDBI shareholder withdraws suit on share allotment
An IDBI shareholder has withdrawn the suit filed by him to stall the allotment of shares of the bank's Rs 154-crore rights issue, according to DSP Merrill Lynch, merchant banker to the issue. DSP Merrill Lynch today informed the BSE, "We ... More
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Mid-Term Monetary and Credit Policy for the year 2003-2004

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Top Stories
Scope for more pharma exports — India-Africa Health Summit today


Pvt basic operators escape village phone targets — Unified licence bypasses obligations

Who rules the automobile market really?

Rabi sowing keeps farm output impetus going

Export growth on course, says Jaitley

Mid-Term Review of the Economy — Fine-tuning of policies needed

In Focus
Rising intolerance
(The Hindu)
Vaishnavaite Temples in Tamil Nadu
(The Hindu)
Saivite Temples in Tamil Nadu
(The Hindu)
A Tribute to Semmangudi
(The Hindu)
Organic farming
In Chennai
The Cable tangle
Telecom Competition
Oil PSUs: Disinvestment dilemma
In Depth
Swati CA
In Kashmir
Simple Economics
Slowburn
Tax Talk
NRIs & Investment Avenues
Corporate Governance
Iraq Diary

Looking back
Nov. 9-Nov. 15
FII inflows, export earnings push forex reserves up $706 m

Broader indices likely to outdo benchmarks again

MFs devise bonus options for tax-planners

Govt proposes new interest rate derivative product


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