Financial Daily from THE HINDU group of publications
Thursday, January 09, 2003
Markets (Jan. 08)
BL 2501134.24 (+3.65)
BSE Sensex3357.87 (+27.37)
S&P CNX Nifty1089.35 (+7.55)
Dollar (Buy/Sell)47.93/48.06
Gold Std (10 gm)5620 (-40)

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ACCOUNT SPEAK


New account
NORMALLY, the dawn of the New Year does not really matter for accountants because they live in a different world where the first day of the year is All Fools' Day. They live from fiscal to fiscal, sometimes abbreviated to fisc, more to rhyme with ... More

IMPRESSIONS


Groundbreaking airport?
I was in a tearing hurry to reach the 11th groundbreaking ceremony of the proposed international airport at Devanahalli, and was stuck in one of Bangalore's morning traffic jams. I knew the organisers would be punctual, as otherwise rahu kalam ... More

ON MINT STREET


No money for the poor
BANKERS have little appetite to fund projects aiding the poor. And when the poor decide to help themselves, they are keen on tripping them. A high power committee is now working on writing down regulations and supervisory guidelines to throttle ... More

EAR TO THE GROUND


Lupin Labs gains on stake sale talk
THE stock price of Lupin Laboratories continued to see an upward movement. In just a month's time, the stock has gained over 40 per cent. Rise in the stock price is attributed to a placement of Lupin shares with a major multinational pharma ... More

ON THE HEDGE


Buy January 960 calls on Dr Reddy's Labs
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Equity options Dr Reddy's Labs: The outlook on this stock is positive. The upside price target is Rs 989. The risk is that the ... More

SENSOR


Infosys, Reliance Ind, ITC propel Sensex
AFTER the correction that lasted for four consecutive trading days, the benchmark BSE Sensex closed higher on Wednesday. The buying interests witnessed by the counters of the index heavyweights Infosys, Reliance Industries and ITC ... More
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