The Hindu Business Line : Friday, December 12, 2003

JM Mutual's `niche' marketing plan
JM's niche marketing starts with identifying a group that may have a good knowledge of, and therefore, special interest in some mutual fund products. More

UTI to pay 100 pc dividend in Value Fund plan
UTI Mutual Fund on Thursday said it would pay 100 per cent dividend to investors in its Master Value Fund (MVF), a plan that invests nearly all of its money in high-growth, mid-cap stocks. The plan had paid a 30 per cent dividend in July. The ... More

SBI launches MF schemes for NRIs
SBI Mutual Fund has announced the launch of an investment scheme targeted at NRIs. The scheme, named Magnum NRI Investment Fund, will be open from December 15 to January 13 at a par value of Rs 10, according to a company release. This ... More

TECHNICAL ANALYSIS

Bulls prevail
BULLS held on to their fort after intense tug of war during Thursday's trading. Thursday's market had wide movement on both bull side as well as bear side. The sentiment reading continues to remain neutral. Bear domination on Friday is likely ... More

STOCK EXCHANGES

Call auction market for OTCEI may ease trading woes
THE introduction of `call auction market', SEBI's latest proposal for the Over The Counter Exchange of India (OTCEI), has precedents in other markets and is expected to bring specific advantages to the table in this country. Call auction is a ... More

STOCK MARKETS

Increased volatility in market — BSE tells members to monitor dealings
THE Bombay Stock Exchange (BSE) today cautioned its members to be vigilant about activities of their sub-brokers and clients and monitor dealings closely due to increased volatility in the stock market. "Members are advised to be vigilant ... More

Bulls charge up for third consecutive day
THE stock markets were in the bastion of the bulls for the third consecutive day on Thursday and the BSE Sensex soared past the 5300-mark. Opening firm at 5317.41 points, the Sensex held firm for most part of the day with an exception of two ... More

Zodiac Clothing: Stitching new seams
THE stock of premium clothing brand Zodiac Clothing has been gaining strength slowly and steadily on the bourses in the recent past. The counter has appreciated by 16 per cent from its levels of around Rs 187 as on December 1 to its current ... More

`Falling interest rates spurring equity markets'
KOTAK Mahindra Bank seems to believe that there is potential for the Sensex to touch 12,000 points. The bank's Executive Director, Mr Dipak Gupta, observed in the course of a presentation on Thursday that while the Index had crossed 5,000 ... More

Price gains for TNPL
THE stock of Tamil Nadu Newsprint gained on Thursday on rumours that the price of newsprint is likely to increase. Talks in the market were that newsprint prices would increase due to the rise in the international prices. Dealers said TNPL ... More

Infotech Enterprises sees volatile trading
THE Infotech Enterprises stock on Thursday moved up to Rs 183.45 from yesterday's closing price of Rs 179, after touching a high of Rs 191 on the Bombay Stock Exchange. The counter has been seeing fluctuating fortunes in the last four sessions on ... More

DERIVATIVES MARKETS

Canara Bank: Outlook negative, short Dec. futures
THE following strategies are based on Thursday's trading in the spot and the derivatives segment on the NSE: GAIL: The stock closed at Rs 197 in the spot market. The outlook could turn negative if the stock cuts Rs 186 on the downside. ... More

INTERVIEW

`Retail investors must be familiar with basics'
DO not allow anybody to lead you up the garden path." Mr G.N. Bajpai puts it bluntly when asked to indicate the do's and don'ts for small investors. As Chairman of the Securities and Exchange Board of India (SEBI), he could not have been more ... More

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