MARKETS
TECHNICAL ANALYSIS
Bulls surge ahead
BULLS dominated the market during Thursday's trading. Bears could not have any say in the proceedings. The sentiment reading of the tradable counters remains bullish. Bear domination on Friday is, however, likely to neutralise the sentiment ...
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STOCK EXCHANGES
CSE to recast official index
THE Calcutta Stock Exchange has decided to retain only the CSE-40 as the official CSE Index and discontinue the CSE-50. The official index has also been restructured to accommodate certain recent changes. Glaxo Smithkline, ICICI Bank, Wipro and ...
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STOCK MARKETS
Sensex gives solid start to new year
THE New Year for stock market has begun on a high note, with the BSE Sensex closing within sight of the 6000 mark and the NSE Nifty inching closer to 2000. The main driver for today's rise in stock prices was the reports of the 8.4 per cent ...
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TVS Motors surges amid huge volumes
NOTWITHSTANDING poor sales figures for December 2003, the stock of TVS Motors surged ahead on the bourses amidst huge volumes. Brokers said that reports of the company expecting to do well in January, was what was driving the counter. ...
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Stock trading interest gathers momentum in '03
2003 saw a sharp surge in traded value on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Between January and December, traded value in the NSE rose 47 per cent to Rs 9.1 lakh crore, from that registered in 2002. On the ...
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Market cap doubles in '03
MARKET capitalisation of Indian companies increased by Rs 6,45,164 crore or 102.7 per cent in 2003. The market capitalisation of all listed companies on the Bombay Stock Exchange increased from Rs 6,28,197 crore on December 31, 2002 to Rs ...
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HLL levering up
FOREIGN institutional investors were heavy shoppers at the counter of FMCG major Hindustan Lever Ltd on Thrusday, a market source said. The source said a top foreign brokerage that represents several institutional investors was looking to pick ...
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DERIVATIVES MARKETS
Tata Steel outlook positive, buy January futures
THE following strategies are based on Thursday's trading in the spot and the derivatives segment on the NSE: Tata Steel: The outlook on this stock is positive. The immediate upside target is Rs 480, but the stock can move to Rs 540 if ...
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INTERVIEW
`Stock market is a buffet waiting to be relished'
Mr Rakesh Jhunjhunwala loves stocks. It has been that way since his childhood. Today he is arguably the largest individual proprietary investor and one of the biggest single taxpayers of Mumbai. Mr Jhunjhunwala describes the current market as a ...
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COMMENTARY
Markets on a high on Day One
THE Year 2004 was welcomed with a bullish undertone in the markets. Leaving behind high intraday volatility, the benchmark indices — the Sensex and the Nifty — opened firm on Thursday and continued the upward trek on a steady foot. ...
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Stock Quotes
SE Diary
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