MARKETS
MUTUAL FUNDS
UTI thematic funds go below par
FOR the first time since their launch in April, all the six thematic schemes managed by UTI Mutual Fund are quoting at net asset values of less than Rs 10. The decline has been caused by the sharp drop in the stock market, as reflected in the ...
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TECHNICAL ANALYSIS
Bear run arrested
THE sentiment reading of the tradable counters remains bearish with no uptrend counters. Bull domination on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing sentiment is likely to be further ...
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STOCK MARKETS
Markets waiting with bated breath — Sensex ends on positive note, gains 32 points
ELECTIONS 2004, anticipated by many as an easy win for the NDA a month ago, has evolved into a thriller with a nail-biting end. The financial markets are hardly breathing, in anticipation. Market players and industry watchers, usually eager to ...
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Market reconciled to new alliance at Centre
ON the eve of results of the 14th Lok Sabha elections, the stock market now appears to be reconciled to the possibility of a new alliance, in which the Left may be sharing power with Congress at the Centre. "Heavens would not fall if the Left ...
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Buyers galore
Surge in global crude oil prices saw ONGC witness good volumes on the bourses on Wednesday. With crude oil having touched $40 a barrel, reportedly a 13-year-high, sentiment was bullish at the counter. However, brokers said that the crude oil ...
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Thermax rules firm on strong order book
POWERED by a strong order book and a robust growth in the domestic and international business front, the stock of Thermax has been ruling firm on the bourses. Market sources said that the Electricity Act 2003 has opened new areas of growth in ...
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DERIVATIVES MARKETS
Reliance: Outlook positive, buy May futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: Reliance Industries: The stock closed at Rs 497 in the spot market. The immediate outlook appears positive. The upside price ...
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COMMENTARY
Mid-caps bounce back as markets recover
OPTIMISM took over once again on Wednesday's trading as the markets recovered ground after three consecutive days of losses; but the gains were at best marginal. The BSE Sensex inched up by 32 points, or 0.6 per cent during the day, to close ...
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