The Hindu Business Line : Tuesday, August 05, 2003

Bulls march ahead
BULLS extended their pressure on Monday's trading activity. However, the bears managed to terminate a few uptrend counters in the tradable list. The market sentiment reading of the tradable counters stands bullish. Bear domination on Tuesday is ... More

STOCK MARKETS

Sensex will shine in short term; poll impact likely, says FICCI survey
"A reason for such a view perhaps is the general elections that are round the corner, which may create uncertainty in the Indian business environment," the survey said. More

Rain Calcining up on no. hopes
The stock price of calcined petroleum coke (CPC) maker Rain Calcining was in limelight on Monday. Dealers said the stock was being accumulated due to rise in the international aluminium price. Their argument for the accumulation is that calcined ... More

`Dabba' trading making splashes
THERE'S just one word to describe Mr Sunil Kayan these days: Attitude. He is carrying a lot of it, having branded himself as one of the pioneers of `dabba trading', the phenomenon that has lately become a major talking point across the country's ... More

Nestle in uptrend on sustained buying
THE stock of Nestle India moved up sharply on Monday - hitting an intra-day high of Rs 579.90 - on sustained buying support, thereby regaining losses sustained in its last trading session on August 1. With the stock having been dropped ... More

Tata Chem gains on `fundamentals'
THE Tata Chemicals stock was up and active today on major bourses. According to dealers, substantial investment buying pushed up the stock to hit its 52-week high. The stock, after touching a day's high of Rs 84, closed at Rs 83.65 (Rs 78.80) ... More

DERIVATIVES MARKETS

Tata Motors: Outlook positive, construct bull call spread
THE following strategies are based on Monday's trading in the derivatives segment on the NSE: Equity options HPCL: The outlook on this stock is negative. The downside price target is Rs 304. The upside risk level is Rs 343. ... More

COMMENTARY

Cement & aluminium stocks up, pharma plunges
AFTER a weak opening, the benchmark indices closed in the positive territory on Monday. The BSE Sensex gained 17.19 points at 3832.50 points and the broad S&P CNX Nifty closed at 1203.60 points, marginally up than its previous close. ... More

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