Financial Daily from THE HINDU group of publications
Friday, October 04, 2002
Markets (Oct. 3)
BL 2501005.03 (-1.89)
BSE Sensex2938.06 (-21.60)
S&P CNX Nifty948.20 (-7)
Dollar (Buy/Sell)48.31/48.44
Gold Std (10 gm)5310 (+5)

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Sundaram Mutual's combined asset plan takes new avatar
BARELY a month after its re-opening for fresh sales, Sundaram Mutual Fund has decided to change tack with regard to its latest offer, Sundaram Select Debt. The `combined asset plan' of the latter is proposed to be renamed `dynamic asset plan' so ... More


Bears prevail
BEARS maintained their pressure over Thursday's trading activity. Their dominance for the third successive trading day, left the bulls with no opportunity to recover. The sentiment reading of the tradable counters remains strongly bearish. Bull ... More


DSE directors
EIGHT directors were elected to the Delhi Stock Exchange (DSE) board at the annual general meeting (AGM) of the exchange here on Monday. Those elected are Mr T.C. Singhal, Mr M.K. Gupta, Mr M.L. Goel, Mr N.C. Jain, Mr Prakash Jus Roy, Mr S.C. ... More


`Global markets in for major shake-out'
SAFETY of investors and integrity of markets will be the prime forces governing the shape of policy in the near future, which should augur well for the healthy development of the markets in the long run. The present crisis in the capital ... More

Two-wheeler stocks see selling pressure
STOCKS of leading two-wheeler manufacturing companies came under heavy selling pressure today on account of less than expected sales growth for September 2002. The major loser list included the world largest motorcycle manufacturing company, ... More

PM brings cheer to PSU scrips
THE stocks of public sector companies rose on Thursday after the Prime Minister, Mr Atal Bihari Vajpayee, said the disinvestment process had not been "halted". Among the major gainers on Thursday were the disinvestment candidates HPCL, BPCL, ... More

Karur Vysya losing appeal
KARUR Vysya has fallen in the last few days after a continual rise in its stock price in recent times. The fall has been attributed to some broking firms placing the stock on their sell list. One reason for `sell' recommendation is that the ... More

Special margin on Kaashyap Radiant
MUMBAI: The Bombay Stock Exchange (BSE) has imposed a special margin of 50 per cent on Kaashyap Radiant Systems Ltd from Thursday. The special margin will be imposed on the basis of member-wise gross outstanding purchase or sale ... More


Infosys: Short-term outlook negative
THE following are some buy/sell strategies based on Thursday's trading in the derivatives segment at the NSE: Equity options Infosys: All indicators point to a positive outlook on the stock, but the upside appears to be limited. ... More


Key index stocks slide; PSUs regain some sheen
SELLING in key index stocks offset the gains posted in technology counters as the benchmark BSE Sensex ended the day at 2,938.06 points, down by 21.60 points compared to Tuesday's close. The Nifty too ended the day in negative territory, losing 7 ... More


Warrant sought to arrest DSQ promoter
THE Kolkata police have for the first time said they have decided to seek arrest warrants for Mr Dinesh Dalmia, promoter of the DSQ group of companies, in connection with the alleged siphoning out of funds from the Calcutta Stock Exchange. The ... More


SEBI seeks FIRs against 44 cos on CIS refunds
THE Securities and Exchange Board of India has requested police authorities to file first information reports against 44 companies for criminal breach of trust, cheating and criminal conspiracy against investors in their collective investment ... More
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