Financial Daily from THE HINDU group of publications
Friday, April 11, 2003
Markets (April 10)
BL 2501025.32 (-37.36)
BSE Sensex3035.33 (-105.92)
S&P CNX Nifty962.20 (-42.65)
Dollar (Buy/Sell)47.36/47.49
Gold Std (10 gm)5135 (+5)

Port Info


Group Sites



UTI set to launch ETF
UTI Mutual Fund is all set to launch an exchange-traded fund (ETF) based on the Nifty, subject to SEBI approval. The offer document for the proposed scheme will be filed this week. The plan is to launch the fund with an initial corpus of over Rs ... More


Steep fall
THURSDAY'S trading activity witnessed stiff bear domination. Bulls were unable to make any recovery during the day's trading. The sentiment reading of the tradable counters remains strongly bearish. Irrespective of bull or bear domination on ... More


Infosys rattles market
A WEAKER-THAN-EXPECTED performance by technology leader Infosys, coupled with gloomier profit guidance for the year ahead, knocked the wind out of stock markets on Thursday. The "shocking" news dragged an already-depressed 30-share sensitive ... More

Infosys forecasts take its toll on stock
INFOSYS Technologies' revenue growth forecast of 21-23 per cent and per share earnings growth of 11-12 per cent has jolted the markets. The stock plummeted by Rs 1,113, or 26.7 per cent, during the day's trading. Why has the Infosys stock ... More

Tech stocks battered
TECHNOLOGY stocks suffered the steepest fall so far in a single day amidst concerns over the future earning potential of most companies due to an uncertain business environment. These concerns resulted in heavy selling pressures that had the tech ... More

Ranbaxy remains in limelight
EVEN as fears of VAT are dampening interest in pharma stocks, shares of Ranbaxy Laboratories continue to rule firm. According to brokers and analysts, given that generics account for a major chunk of the company's business, the VAT implications ... More

Heavy auction in HFCL
THE sharp rise in the stock price of Himachal Futuristic Communication Ltd (HFCL) trapped a large number of short sellers. This was seen from large auction of shares on the BSE and the NSE. On the BSE, the auction was for around 11 lakh shares ... More


Outlook negative on Reliance, HPCL
THE following strategies are based on Thursday's trading in the derivatives segment on the NSE: Reliance Industries: The outlook on this stock is negative. The downside price target is Rs 265. The risk is that momentum buying may push ... More


SEBI panel moots simultaneous equity offering
A SEBI-appointed group has suggested simultaneous offering and listing of equity through public issue in domestic market and Depository Receipts (DRs) in the international market at a similar price. But the committee has suggested the offering ... More


Infosys results trigger Sensex crash
THE lower-than-expected earnings guidance issued by software bell-weather Infosys Technologies led to a domino effect among all the information technology stocks in the bourses on Thursday. The markets have been waiting with bated ... More
Stock Quotes
SE Diary
Comments & Letters to the Editor to:
Subscribe to: Business Line
The Hindu eBooks

Pick a Winner Stock Market Contest

Top Stories
IT cos losing charm in campus recruitment

Bill makes smoking a pipe-dream

Who will bell the `surrogate' cat?

To break auditor-management nexus...
SEC lays first brick of Chinese wall

Pricing pressure to cramp growth: Infosys

Infosys forecasts take its toll on stock

BSNL loses 1.6 m landline users in one year

LIC leads; others way behind

Big names lining up for pension pie

Pickled bananas turn hot business

In Focus
Run-up to Budget
Kelkar Report
Bottled water: How safe is it?
Telecom Competition
Oil PSUs: Disinvestment dilemma
Housing Fin. rate war: Bonanza for consumers!
NPAs in Banking
In Depth
Simple Economics
Consumer Notes
Tax Talk
The Brahmananda collections
NRIs & Investment Avenues
Corporate Governance
Gold: Still the winner?
Cars: Always a beauty
Books and Reviews
Looking back
Mar. 30-Apr. 5
Hindustan Lever hits 10-year low

Derivatives' trading spreads to towns

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line