The Hindu Business Line : Saturday, December 13, 2003

Canbank MF dividend
MANGALORE: Canbank Mutual Fund, in its 100th weekly dividend in Canliquid Scheme, has declared a dividend of Re 0.0083 per unit (net of tax) for the week ended December 8. A press release by the Canbank Investment Management Services ... More

TECHNICAL ANALYSIS

Volatile movement
THE market witnessed volatile movement during Friday's trading activity. Neither the bulls nor the bears could capitalise on the entire day's move. However, the bulls managed to gain towards the end of the day. The sentiment reading of the ... More

STOCK MARKETS

Current stock boom secular, says Jaswant — `No need for Govt intervention'
THE Finance Minister, Mr Jaswant Singh, told Parliament on Friday that the present buoyancy in the country's stock markets was `secular' and reflective of the "overall strength of the economy". And since the current boom, unlike earlier ones, was ... More

Tea stocks hot up on higher demand hopes
IS the cuppa hot for the stock market this winter? Not really, if you go by the tea experts. However, tea counters had been on the oven since the beginning of December. Stocks of tea companies, such as Tata Tea, Goodricke Group, Jayashree Tea ... More

Improving auto sales drive up SKF Bearings
THE stock price of automotive component company SKF Bearings India is on the rise over the last few days due to the increased interest of investor's interest towards auto and auto component stocks. Brokers said buying in the stock is also due ... More

Steeling for profit
THE stock of Tata Steel attracted significant investors attention on Thursday after news circulated in the market that the company would pay advance tax in excess of Rs 500 crore this quarter. While the news remained unconfirmed at the end of the ... More

DERIVATIVES MARKETS

Tata Steel: Outlook positive, buy Dec 390 calls
THE following strategies are based on Friday's trading in the spot and the derivatives segment on the NSE: Tata Steel: The outlook on this stock is positive. The uptrend will be confirmed if the stock drifts above Rs 385 in the spot ... More

ASSET MANAGEMENT COMPANIES

Banks not keen to take over sponsors' stake in UTI AMC
PUBLIC sector banks have expressed reluctance in taking over stakes, that too at premium, in UTI Asset Management Company Pvt Ltd from its current sponsors. The present sponsors, Life Insurance Corporation of India, State Bank of India, Punjab ... More

COMMENTARY

Steel stocks add lustre to a listless day
IT was a day of listless trading on both the bourses on Friday, with the BSE Sensex fluctuating by 60 points intra-day, before closing at 5315.8 points, 15.8 points higher than the previous close. With this, the Sensex has put on 184 points or ... More

Stock Quotes
SE Diary

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