Financial Daily from THE HINDU group of publications
Thursday, December 12, 2002
Markets (Dec. 11)
BL 2501118.67 (+5.73)
BSE Sensex3303.27 (+13.59)
S&P CNX Nifty1069.75 (+6.05)
Dollar (Buy/Sell)48.11/48.24
Gold Std (10 gm)5300 (-20)

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ACCOUNT SPEAK


D is for disclaimer
A FOR accountants, B for badly bungling, and C for caught cooking. Now, PriceWaterhouseCoopers (PwC) has let loose a Daisy Cutter of disclaimer to get over all problems. It has altered the wording of its basic audit opinion to effectively limit ... More

EAR TO THE GROUND


Pvt placement talk jacks up UTI Bank
UTI Bank witnessed a sharp rise in the stock price along with volumes on Wednesday. The stock gained 12.76 per cent at Rs 43.75 on the BSE with 3.16 lakh shares being traded compared with 15,981 shares traded on Tuesday. On the NSE, the stock ... More

ON THE HEDGE


Tata Engg: Buy Dec 150 puts
THE following strategies are based on Wednesday's trading in the derivatives segment at the NSE: Equity options Tata Engg: The outlook on this stock is negative. The downside price projection is Rs 146, and the upside projection ... More

SENSOR


Infosys, bank stocks save the day
INVESTMENT in select banking and technology stocks helped pull up indices marginally. The BSE Sensitive Index ended the day at 3,303.27 points, a rise of 0.41 per cent. The Sensex opened on a firm note at 3,298.94 points, and then went on to ... More
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