Financial Daily from THE HINDU group of publications
Wednesday, January 01, 2003
Markets (Dec.31)
BL 2501129.63 (+3.02)
BSE Sensex3377.28 (+2.31)
S&P CNX Nifty1093.50 (+1.55)
Dollar (Buy/Sell)47.92/48.05
Gold Std (10 gm)5580 (-65)

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Eicher promoters plan open offer to up stake by 20%
EICHER Goodearth Ltd and Eicher International Ltd, the major stakeholders in Eicher Ltd, are planning to go in for an open offer to up the promoters' stake in Eicher Ltd by 20 per cent. Currently, the promoters' stake in the company is about ... More

TECHNICAL ANALYSIS


Narrow movement
TUESDAY'S trading activity witnessed narrow movement. Neither bulls nor bears could gain much from day's trading. The market sentiment reading of the tradable counters continues to remain neutral. Bull domination on Wednesday is likely to change ... More

STOCK MARKETS


BPCL rises on dividend hopes
EVEN as uncertainty surrounds the disinvestment of Bharat Petroleum Corporation Ltd's (BPCL), the New Year is likely to bring some measure of good news from the company. According to dealers, the market is expecting a `substantial' dividend ... More

Tata Honeywell volumes soar
THE relatively calm Tata Honeywell Ltd (THL) counter logged record volumes on the NSE today. The traded quantity jumped to 1.37 lakh shares on the bourse from yesterday's figure of just 29,320 shares. The two-month average daily volumes of the ... More

Cement stocks up on price hike hopes
CEMENT stocks registered good volumes on the bourses on talk of an impending price hike in the near future. Stocks such as ACC, Gujarat Ambuja, L&T, India Cements and Madras Cements gained today. According to market sources, an announcement of ... More

  • Rupangi Impex plans delist

    DERIVATIVES MARKETS


    L&T: Construct January bull call-spread
    THE following strategies are based on Tuesday's trading in the derivatives segment at the NSE: Equity options L&T: The upside from the current level appears limited. The upside price target is Rs 225, while the downside price ... More

    CONSUMER ACTIVISM


    UB move to buy Mallya's US assets suffers setback
    THE UB group's decision to buy the personal brewery assets in the US of its Chairman, Mr Vijay Mallya, suffered a fresh setback with the Karnataka High Court rejecting a plea which sought a stay on a trial court order restraining the transaction ... More

    COMMENTARY


    Sensex closes flat in range-bound trading
    THE stock market wrapped up the last day of 2002 on a flat note after trading in a narrow band of 22 points. The benchmark BSE Sensex edged up marginally by 2.31 points to close at 3377.28 points. Traded volumes were higher at 7.1 crore shares as ... More

    ECONOMIC OFFENCES


    GTB promoters restrained from buying shares
    THE Securities and Exchange Board of India (SEBI) today restrained promoters and group entities of the Hyderabad-based Global Trust Bank, entities associated with stockbroker Ketan Parekh and some other brokers from buying, selling or dealing in ... More
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    Top Stories
    Gasohol programme watered down


    DCA seeks total transparency in assets valuation

    UB move to buy Mallya's US assets suffers setback

    Tea futures marks Upasi bid to be supply chain leader — Mr N. Dharmaraj, Chairman of Upasi Tea Committee

    i-flex to target US community banks

    Ad industry turns its back on 2002 — Hopes New Year will bring better times

    In Focus
    Inside China

    Stock scam unravelling
    Petrol pump controversy
    Kelkar Report
    Reliance & Telecom Competition
    In Depth
    Gender Justice
    Simple Economics
    India Interior
    Consumer Notes
    Looking back
    Dec. 22-Dec. 28
    SEBI eases pricing norms for PSU disinvestment — 2-week average price criteria not applicable

    Canara Bank debuts at 40 pc premium

    SEBI allows 500 more cos to file documents electronically

    SEBI still has miles to go on Edifar


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