Financial Daily from THE HINDU group of publications
Tuesday, June 18, 2002
Markets (June 17)
BL 2501160.09 (+4.23)
BSE Sensex3323.50 (+11.43)
S&P CNX Nifty1088.90 (+3.20)
Dollar (Buy/Sell)48.94/49.07
Gold Std (10 gm)5230

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Govt to extend guarantee to UTI
THE Government has decided to extend a guarantee to the Unit Trust of India (UTI), subject to certain conditions, to help the trust bridge the shortfall in two of its assured return schemes, due for redemption on June 30. The Government's ... More


Market remains indecisive
MONDAY'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 with none of the counters in the downtrend. Bull domination ... More


Sharp spurt in scrips of yarn making units
COMPANIES manufacturing cotton and synthetic yarns have been in the limelight with the stock prices of a number of them hitting the upper circuit today due to a rise in the prices of cotton yarn and synthetic yarn and higher exports this ... More

Block purchase deals in DCW
THE DCW Ltd stock moved up on Monday owing to a significant number of block purchase deals. The counter touched its 52-week high of Rs 19.75 on the Bombay Stock Exchange but closed at Rs 18.95 with volumes of Rs 6.03 lakh shares. On the ... More

Century Enka up on open offer talk
THE share price of Century Enka, a B.K. Birla group company, moved up sharply on market rumours of an open offer. The stock on Monday witnessed a five-year high, hitting the 20-per cent upper limit band on both the BSE and NSE. The share ... More


M&M carries downside bias
CALLS on top-traded stocks such as Satyam and Reliance ended lower during the day at the NSE. The following are some buy/sell strategies based on the day's trading: Equity options: The immediate outlook on M&M appears negative. ... More


SEBI bans CSFB from trading for two years
THE Securities and Exchange Board of India today suspended the registration of foreign broking firm Credit Suisse First Boston Securities (CSFB) for two years, effective April 18, 2001, for manipulation of stock prices in early 2001. The ... More


Declining FII interest affects mood
EQUITIES moved in a narrow range on Monday in the backdrop of jittery investors unwilling to commit themselves. The BSE Sensex ended the day at 3,323.50 points, higher by 11.43 points. Click here for table The Sensex ... More
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