THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, May 22, 2000

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Markets

Mutual Funds
Will FMCG stock catch fund managers' fancy?
The stock markets were a bore last week, and the boredom seemed to have spilled over to the realm of mutual funds. One feels that sentiments here won't really improve unless the markets look up.

Stocks
Golden shares: Matter of the right glitter
EARLY on in the '90s, when the shadow of a hostile raider from abroad appeared on the scene, there was a lot of consternation at Calcutta, the headquarters of ITC, and in some of the Indian financial institutions. During those troubled days, when lobbying was at a high pitch in New Delhi to keep ``gora predators'' out, talk centered around, for a while, on the issuance of ``golden'' shares to checkmate such hostile raids.

Market sees less room for recovery
A SEARCH for worthwhile buying support and direction may end for the stock market in the week ahead. Last week, though support eluded the market, feeble and sporadic buying restricted the fall in the BSE Sensex to 38.35 points (week on week basis) .


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