Financial Daily from THE HINDU group of publications
Friday, June 14, 2002
Markets (June 13)
BL 2501150.99 (-8.77)
BSE Sensex3311.16 (-33.25)
S&P CNX Nifty1082.85 (-9.95)
Dollar (Buy/Sell)48.96/49.09
Gold Std (10 gm)5230 (-30)

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Alliance set to gain from Wimco buy
ALLIANCE Capital Mutual Fund acquired around 10.77 lakh shares of safety match manufacturer Wimco during May. These shares have been bought for its Alliance Equity Fund. As on May 31, the fund shows a market value of Rs 3.05 crore. On the last ... More


Narrow movement
THURSDAY'S trading activity witnessed narrow movement. Bulls managed to gain marginally from the day's trading. The market sentiment reading of the tradable counters continues to remain bullish. Bear domination on Friday is likely to reduce the ... More


  • NSE to suspend 24 stocks


    Bank stocks gain on consolidation hopes
    SECOND-rung stocks of most sectors have been lately attracting buying interest in the stock markets. This time, it is the turn of banking stocks. Analysts say that the reasons for this interest are two fold: one, the consolidation in the sector ... More

    VisualSoft moves up acquisition news
    VISUALSOFT Technologies jumped almost 7 per cent on the bourses on market talk of a possible acquisition of orders by the company in the third generation telecommunication domain. According to market talk, the likelihood of the company ... More


    Satyam outlook remains negative
    Equity options: The immediate outlook on Satyam Computer remains negative. Consider writing the June 260 calls. You will benefit from the option's high implied-volatility (vols). The loss due to passage of time (theta), however, is low, ... More


  • ICSI seminar on delisting


    Heavyweights lag; Tata Engg rolls on
    FOR the second consecutive trading session, stocks of large capitalisation companies recorded losses. This pulled down both narrow indices such as the BSE Sensex, NSE S&P CNX Nifty and broad-based indices such as BSE-200 and S&P CNX 500. More


    i-flex issue price fixed at Rs 530
    I-FLEX Solutions Ltd has fixed the issue price at Rs 530 for Rs 5 face value share. The issue price is the same as the base price fixed for book-building. The issue has been oversubscribed 2.72 times. In a statement today, the company said ... More
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  • Top Stories
    Product-specific safeguard duty on Chinese goods in offing

    An initiative to recycle PET bottles

    ICICI Bank unveils `HomeSafe' cover

    FI, bank funding of projects worth Rs 50,000 cr -- Special purpose vehicles for infrastructure likely

    Roping in BSE, Apeda, SSI Tech -- BCE forms consortium to bid for multi-commodity futures

    CESC falters on FRN interest

    Reforms in India and China -- Policy regimes make the difference

    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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