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Thursday, March 03, 2005

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OFFHAND


Needless ruckus
THE National Democratic Alliance (NDA) has decided on a privilege motion against the Prime Minister, Dr Manmohan Singh, for having written to Ms Sonia Gandhi who is the Chairperson of both the United Progressive ... More

EX PARTE


What's so BAD about the cash withdrawal tax?
CAUGHT between a mandate "to introduce special schemes to unearth black money and assets" and the fear of "giving undeserved relief or an amnesty", Chidambaram has brought in a tax on cash withdrawal. News reports suggest that the Minister is ... More

EAR TO THE GROUND


GTC Industries strengthens on realty talk
AFTER ITC, it is the turn of another cigarette company GTC Industries stock to witness hectic activity. The stock was locked in the 20 per cent upper circuit on Wednesday. It closed at Rs 54.25 on the BSE with volumes of 18.63 lakh shares and on ... More

ON THE HEDGE


Outlook positive for Maruti, HDFC Bank
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: Maruti Udyog: The stock closed at Rs 462 in the spot market. The outlook may turn positive if the stock trades above Rs 468. ... More

SENSOR


Good show by banking, tech stocks
AFTER a wave of profit-booking on Tuesday, the markets bounced back on Wednesday even amid apprehensions that the proposal to tax fringe benefits may have a negative impact on companies. Banking stocks, which witnessed selling pressure on ... More


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Feb. 20-Feb. 26
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