Financial Daily from THE HINDU group of publications
Saturday, August 09, 2003
Markets (Aug. 8)
BL 2501416.69 (+32.87)
BSE Sensex3883.76 (+76.93)
S&P CNX Nifty1222.65 (+25.70)
US Dollar (Buy/Sell)45.99/46.12
Gold Std (10 gm)5390 (+45)

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MUTUAL FUNDS


IL & FS Mutual on the prowl for acquisition
IL & FS Mutual Fund is examining the purchase of another fund that would be in sync with its existing basket of schemes. "We are looking for products that fit into our basket, and not brands or distribution," said Mr N.K. Sharma, President & ... More

TECHNICAL ANALYSIS


Bull onslaught
BULLS exerted further pressure over Friday's trading activity. Their dominance left the bears stranded. Friday's market action resulted in terminating the downtrend counters in the tradable list. The market sentiment reading of the tradable ... More

STOCK MARKETS


Interest in Reliance Energy
The stock price of Reliance Energy (formerly BSES) was in limelight on Friday on the back of institutional support. Talk going in the market is that the changes in the company, after the management control of Reliance, is expected to start ... More

Graphite India gains 6% on buying by Kolkata broker
THE Graphite India stock gained over 6 per cent on major bourses on Friday with a four-fold rise in volumes. According to dealers, investment buying has been keeping the stock ticking for the last few days. The market talk was that Mr C.B. ... More

DERIVATIVES MARKETS


Tata Steel: Outlook positive, buy August 230 calls
THE following strategies are based on Friday's trading in the derivatives segment on the NSE: Equity options Tata Steel: The outlook on this stock is positive. The upside price target is Rs 248. The downside risk level is Rs ... More

COMMENTARY


All-round rally takes Sensex to 2-year high
THE markets zoomed ahead for the second straight day after showing some signs of weakness earlier. The Finance Minister's announcement that the economy is on the growth path, supported by a good monsoon and good corporate results, aided the ... More
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In Focus
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Looking back
Jul. 27-Aug. 2
SEBI `whip' hurts investors

Bull run brings back small investors

Regional SEs plan special platform for small-cap cos

Derivatives turnover hits new high


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