Financial Daily from THE HINDU group of publications
Tuesday, March 02, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

MARKETS

MUTUAL FUNDS
MF investors required go give PAN
THE Securities and Exchange Board of India (SEBI) has announced that investors in mutual funds would be required to mention their permanent account numbers (PAN) for all applications over Rs 50,000. An earlier regulation by SEBI mandated that ... More

Escorts MF to issue bonus units on Income Plan
ESCORTS Income Plan has proposed to issue bonus units in the ratio of 9:10, the record date for which has been fixed for March 20. A press note issued by Escorts MF quotes Mr K.K. Mittal, CIO, as stating that all unit holders of the scheme as ... More

TECHNICAL ANALYSIS
Bull onslaught
THE sentiment reading of the tradable counters stands bullish. Bear domination on Wednesday is likely to neutralise the sentiment reading. Otherwise, the prevailing bullish sentiment is likely to be further strengthened. More

STOCK MARKETS
BEL: Poll prospects
THE announcement of Lok Sabha and Vidhan Sabha elections may not sound very good for the stock market in the near term but for Bharat Electronics, elections are expected to act as booster. The company has bagged orders for supply of electronic ... More

Maruti, Bharti in Nifty index
THE shares of Maruti Udyog and Bharti Televentures were included in CNX Nifty index from Monday. The shares of these companies closed higher in today's trading and also helped Nifty index to close higher by 52 points at 1852.70. On the NSE, ... More

Ind Swift Labs volume zooms
THE Ind Swift Laboratories stock made a smart move on Monday with the traded volumes increasing by over three times on major bourses. After touching a day's high of Rs 45.35, the stock closed at Rs 43.50 (Rs 41.10) on the National Stock ... More

DERIVATIVES MARKETS
Tata Tea: Outlook positive; buy March futures
The following strategies are based on Monday's trading in the spot and the derivatives segments on the NSE: Tata Tea: The stock closed at Rs 367 in the spot market. The outlook appears positive. The upside price target is Rs ... More

COMMENTARY
Heavyweights lead broad-based rally
THE markets put up a strong show on Monday. As a continuation of Friday's rally, the BSE Sensex has gained 4.6 per cent and the S&P CNX Nifty gained 4.9 per cent. Click here for table Opening lower by 18.21 points to ... More

IPOS
Biocon issue won't drown in IPO deluge: Mazumdar-Shaw
IN a market that is already believed to be inundated with too many public issues, what lies ahead for biotech company Biocon Ltd, whose IPO process kicks off on March 11? "Biocon is a differentiated story and we believe that there is enough ... More

First week of IPO — Principal Global closes a `few hundred' deals
PRINCIPAL Global Opportunities Fund, India's first international fund, has closed a "few hundred transactions" in the first week of its initial public offer, according to Mr Rajan Krishnan, Head (Sales), Principal India. The fund seeks to ... More

PUBLIC OFFER
`Shourie factor' lifts Sensex 155
AFTER ending with a Friday ton, the BSE Sensex opened the week with a rally that was high on score but low on conviction. Led by rallies in technology and auto stocks — but buoyed above all by the `Shourie factor' — the 30-share ... More

CMC cut-off price fixed at Rs 485 — Rs460.75 for retail investors
THE Government on Monday finalised an offer price of Rs 485 per share for the public issue of its residual equity in Tatas-controlled CMC Ltd. The retail investors would be allotted shares at Rs 460.75 per share, a five per cent discount to the ... More

IBP issue oversubscribed 2.5 times
THE public offer of IBP has been oversubscribed 2.5 times. The issue received bids for 1.43 crore shares compared to the issue size of 57.58 lakh shares. The maximum bids were received at floor price of Rs 620. According to investment banking ... More


Stock Quotes
SE Diary



Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Top Stories
Creative minds await corporate sponsorship


Patient-safety: 'ADR reporting must be made mandatory'

Borrowing spree in the offshore turf

Telecom FDI hike plan not wired

Nilgiris tea producers join hands; to launch Nilma brand

'Govt hopeful of 4.5 pc inflation rate by year-end'

Exports maintain tempo, grow 9 pc in January

Looking back
Feb. 22-Feb. 28
Benefits and costs of investing abroad

Incentives roll the dice in MF tournament

Biocon IPO from March 11-18

Data Access gets SEBI nod for Rs 120-cr IPO

Income schemes dominate MF asset base


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line