Financial Daily from THE HINDU group of publications
Tuesday, March 23, 2004

Cross Currency


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HSBC products for overseas investments
THE Government's decision to allow resident Indians to set aside annually up to $ 25,000 abroad for investment purposes has prompted HSBC to introduce specific choices, based on such fundamental themes as protection and appreciation of capital. ... More

ABN-Amro to tap NRIs in S. E. Asia
ABN-Amro Bank is to offer India-based, investment options among other specialised banking services to non-resident Indians in Singapore and in other South East Asian countries through its offering `World Citizen Banking.' The bank plans to tap ... More

Stock markets: A nifty source for investment?
The new peaks touched by stock indices this year and the success of the Government's end-of-year disinvestment rush are convincing many that the stock market is likely to emerge a major source of finance for investment in the future. C. P. Chandra sekhar and Jayati Ghosh examine the record in this country and elsewhere to assess the strength of that argument. More

Bears on rampage
MONDAY'S market action had no impact on the sentiment reading of tradable counter. The sentiment reading of the tradable counters remains bearish. Irrespective of bull or bear domination on Tuesday, the prevailing bearish sentiment is likely to ... More

Declines on CDR price concern
THE counter of Moser Baer, a company engaged in manufacturing CDRs and digital versatile disc recordables (DVDRs), continued to fall on Monday. The stock closed at Rs 239.75, down 7.36 per cent with volume of 2.11 lakh shares on the BSE. On ... More

Lack of rollover positions seen
DESPITE settlement week for March contracts, trading activity at the derivative segment dipped further on the National Stock Exchange on Monday. The futures & options segment witnessed a turnover of Rs 9,571 crore against last Friday's figure .. More

FIIs silent on L&T cement demerger amendments
FOREIGN institutional investors can sometimes think and operate quite differently from their Indian counterparts. The shareholder poll on the amendments moved by minority shareholders to the main resolutions at the court-convened meeting of ... More

Weak heavyweights drag down indices
THE market recovery on Friday turned out to be short-lived with benchmark indices recording a sharp fall on Monday. Led by Reliance Industries and Infosys Technologies, a host of index heavyweights ruled weak on Monday. This resulted in a ... More

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Stock markets: A nifty source for investment?

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