Financial Daily from THE HINDU group of publications
Tuesday, January 20, 2004

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MUTUAL FUNDS
ING Vysya MIP to come with freebies
A FREE personal accident insurance cover for three years, a free debit card and a free demat account. All this and more are yours if you choose to invest in ING Vysya Mutual Fund's latest offering - a monthly income plan. Listed in the ... More

Birla Sun holding in Heritage Foods up
HERITAGE Foods (India) Ltd has informed the stock exchanges on Monday that it has received information from Birla Sun Life Asset Management Company Ltd on Saturday stating that the schemes of Birla Mutual Fund have acquired more than 5 per cent ... More

TECHNICAL ANALYSIS
Bull onslaught
BULLS were in total command of Monday's trading activity. Bears were unable to make any impact during the day's trading. However, the sentiment reading of the tradable counters continues to remain bearish. Bull domination on Tuesday is likely ... More

STOCK EXCHANGES
NSE indices revamped — Maruti, Bharti Tele included in Nifty
INDIA Index Services & Products Ltd (IISL), the company managing the indices of the National Stock Exchange (NSE), has made major changes in its seven stock indices including S&P CNX Nifty, to give a better reflection of the stock price ... More

STOCK MARKETS
Sensex swings in volatile trade, gains 118 points at close
INSTITUTIONAL investors bought key index stocks in the afternoon trading session today and helped the BSE Sensex end a volatile day with a 118-point gain over its previous close. In extremely choppy trade, the benchmark 30-share index moved in ... More

Expectations fuel interest in Concor
THE stock of state-owned inter-modal operator Container Corporation (Concor) has started attracting investor interest ahead of its board meeting on January 27, which will consider results for the quarter ended December 31, 2003. The stock moved ... More

Steel stocks back in limelight
THE steel sector appears to have some steam left even after the stupendous run over the past few months. Steel stocks, especially that of Tata Steel, were again in the limelight after a news agency flashed that the Korean steel giant Posco has ... More

DERIVATIVES MARKETS
ACC: Outlook positive, buy Jan 260 calls
THE following strategies are based on Monday's trading in the spot and the derivatives segment on the NSE: ACC: The stock closed at Rs 255 in the spot market. The outlook appears positive. The near-term price target is Rs 275. ... More

COMMENTARY
Sensex bounces back from lows
AFTER drifting lower during the early part of Monday's trading session, stock prices bounced back strongly. Sensex nearly gained 200 points from its intra-day low of about 5,870. The sharp rise in stocks such as ICICI Bank, Zee ... More

IPOS
DCI public offer plan hastens policy change
THE public offer of 20 per cent Government equity constituting 56 lakh shares in Dredging Corporation of India (DCI) that is slated to hit the market either by February end or early March has triggered an early change in the national dredging ... More


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