Financial Daily from THE HINDU group of publications
Wednesday, June 12, 2002
Markets (June 11)
BL 2501158.43 (+33.38)
BSE Sensex3362.42 (+82.93)
S&P CNX Nifty1097.05 (+22.20)
Dollar (Buy/Sell)48.93/49.06
Gold Std (10 gm)5280 (-60)

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HDFC Mutual moots floating-rate scheme
THE concept of floating rates has caught the attention of HDFC Mutual Fund, which has mooted an income scheme based on it. The offer document has been sent to the securities regulator for clearance. As the name suggests, HDFC Floating Rate ... More


Bulls upbeat
BULLS were in total command of Tuesday's trading activity. Stock prices firmed up for the second successive trading day. Bear domination on Wednesday is likely to reduce the bull count by a considerable margin. On the contrary, the prevailing ... More


Sensex up 83 points as war fears recede
THE easing of border tensions has brought back the much-needed positive sentiment to the stock markets, leading to an across-the-board buying today. War fears had pulled down many stocks and with FIIs turning sellers the market had remained ... More

Just-listed Hexaware much fancied
THE share price of Hexaware Technologies Ltd, formerly Aptech Ltd, has seen a sharp increase in just two days of its listing on the Bombay Stock Exchange. The shares of the company that got listed on the exchange on Monday were locked in the 20 ... More

MNC eyeing Shasun Chem stake?
A US-based pharma major is expected to take a strategic stake in Shasun Chemicals & Drugs. Market sources believe that the strategic stake by the MNC would be to make the company as a base for outsourcing drugs for exports. The talk is that the ... More

IOC consolidation in IBP?
IBP Ltd shares today witnessed huge volumes along with rise in the share price on the bourses amidst rumours of heavy buying by Indian Oil Corporation, which recently bought over 33.58 per cent Government stake in the company. IOC completed its ... More

Spurt in SAIL scrip -- Investors setting store by sectoral outlook
THE sharp spurt that the scrip of Steel Authority of India Ltd has witnessed in stock exchanges over the past one month clearly suggests that investors are more inclined to set store by the improving prospects of the steel sector in general after ... More


Has HPCL hit near-term high?
CALLS on the Nifty index and individual stocks ended higher for the second consecutive day this week in the derivatives segment at the NSE. The following are some buy/sell strategies based on the day's trading:
  • Equity options: ... More


    Tata Engg, Zee Tele surge sustains rally
    STOCK prices continued to rise as the momentum in the rally continued unabated on Tuesday. On the BSE, the Sensex gained 2.5 per cent powered by the gains in the counters of Zee Telefilms and Tata Engineering. The S&P CNX Nifty also gained 2.7 ... More
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  • Top Stories
    South Asia could benefit from common currency

    Golden rice: Hope or hype?

    132 pc rise in PSBs net profit last fiscal

    Sensex up 83 points as war fears recede

    Cellular subscriber base touches 6.99 m

    FMCG needs push in consumer spend to stay on growth path

    Presidential election: An inspired, convenient choice

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives

    Looking back
    Jun. 2-Jun. 8
    RBI ropes in SEBI to tackle rogue borrowers -- Redefines `wilful default'

    Central Bank net up at Rs 163.3 cr -- Plans Rs 300-cr IPO this fiscal

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