The Hindu Business Line : Sunday, May 16, 2004

STOCK MARKETS
CPI(M) blames `bear cartel' for Sensex crash — Opposes profit-making PSUs sale
THE Communist Party of India (Marxist) on Saturday reiterated its opposition to privatisation of profit-making public sector undertakings (PSUs), while ascribing the 330 points crash in the Sensex on Friday to the operations of a `bear ... More

Foreign broking firms turn bearish
FOREIGN broking firms have suddenly turned pessimistic on Indian equity market and changed their outlook particularly on sectors such as banking, power and energy. Their fear is that the new Government with Left parties support will go slow on ... More

Consumer sector may not be impacted: Analysts
LEADING stock market analysts, including SSKI Securities and Citigroup Smith Barney, have expressed optimism that despite the uncertainty over economic policies to be adopted by the new Congress-led Government, consumer spending is likely to ... More

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