Financial Daily from THE HINDU group of publications
Friday, April 19, 2002
Markets (April 18)
BL 2501165.44 (+7.89)
BSE Sensex3420.94 (-0.88)
S&P CNX Nifty1129 (+3.90)
Dollar (Buy/Sell)48.87/49
Gold Std (10 gm)5040 (+10)

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MARKETS

MUTUAL FUNDS


Sundaram MF moots high-risk income fund
AT a time when fund circles are asking investors to revisit equity schemes, Sundaram Mutual Fund has mooted the idea of a high-risk income fund, aimed at those who are not averse to investments in lower-rated securities. The proposed Sundaram ... More

TECHNICAL ANALYSIS


Narrow movement
THURSDAY'S trading witnessed narrow movement. Neither the bulls nor the bears could gain much from the day's trading. The market sentiment reading of the tradable counters stands neutral. Bull domination on Friday is likely to change the ... More

STOCK EXCHANGES


CSE changes norms for short, no-delivery
BEGINNING Monday, the Calcutta Stock Exchange will have a new regime for short and non-delivery of shares in physical trading. The exchange, in a notice to brokers today, stated that in cases where both delivering and receiving members are ... More

STOCK MARKETS


Bank of India at 52-week high on KP deal rumour
THE stock of Bank of India (BoI) today touched a 52-week high on optimism about the bank's ongoing restructuring process. According to market sources, the scrip moved up on rumours of BoI being "close to a settlement" on the Rs 130-crore payment ... More

Sharekhan's Net platform for day traders
SHAREKHAN, the retail broking arm of SSKI group, has launched SpeedTrade - new Internet trading platform - for active traders. The trading platform offers tick-by-tick update on stock price movements with market depth and intra-day chart. The ... More

NIIT rises on order rumour
IT major NIIT has been in the limelight in the last few days on rumours of the company bagging a large order from China. Dealers said that there was also talk about Chrysalis Capital picking up 10-15 per cent stake in the company. On the BSE, ... More

  • ICICI sells 1 pc Spencer shares

    DERIVATIVES MARKETS


    Selling Satyam call may pay
    SELECT call options lost value during the day's trading in the derivatives segment on the National Stock Exchange. Top traded options included Satyam Computer, Digital GlobalSoft and Sterlite Opticals among others.
  • The April 300 call on ... More

    FOREIGN INSTITUTIONAL INVESTORS


    FII investments sharply down on Gujarat events
    WITH riotous mobs and fiendish arsonists laying siege to Gujarat, arguably the country's richest State, and cracks surfacing in the coalition Government at the Centre, institutional investors are showing signs of uneasiness. Investments by ... More

    ASSET MANAGEMENT COMPANIES


    IDBI-Principal AMC launches monthly income series
    IDBI-Principal Asset Management Company Ltd on Thursday launched the monthly income plan series. The open-ended income fund, `IDBI-Principal Monthly Income Plan Series' will initially have three investment plans namely a Dividend plan, Auto ... More

    COMMENTARY


    Weak trend in HLL continues; cement, steel gain
    THE weak trend in the Hindustan Lever stock played a key role in affecting market movement during Thursday. The Sensex closed at 3420.94, down by 0.88 points in comparison to the previous day's close. The index never seemed like gathering any ... More
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  • Top Stories
    Dyers' failure to meet norms -- Pollution notices to Tirupur units


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    In Depth
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    US-64
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    Apr. 7-Apr. 13
    Close end redemptions may drain UTI coffers

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    SEBI to decide on UTI schemes shortfall issue

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    Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised

    FII investment in telecom to be outside FDI cap

    UTI team to examine audit reports of 9 cos


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