Financial Daily from THE HINDU group of publications
Saturday, January 19, 2002
Markets (Jan. 18)
BL 2501000.04 (-10.57)
BSE Sensex3377.05 (-24.10)
S&P CNX Nifty1093.15 (-16.05)
Dollar (Buy/Sell)48.22/48.35
Gold Std (10gm)4735 (-25)

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MARKETS

INVESTMENT BANKING


DSP Merrill to buy back at Rs 250
LEADING investment banker, DSP Merrill Lynch Ltd, has decided to buyback the 2.51-per cent shares held by the public, at a maximum price of Rs 250 per share. The company also decided to delist itself from the Bombay Stock Exchange. These ... More

MUTUAL FUNDS


MFs increase stake in Polaris
MUTUAL Funds have increased their stake in Polaris Software Labs Ltd to 9.19 per cent (47.0l lakh shares) during the third quarter ended December 31, compared to 7.34 per cent (37.57 lakh shares) the previous quarter. At the end of Q3, the ... More

Report on real estate MF by month-end
The opportunity for investors to put their money in a real estate mutual fund may be at hand. An expert committee report on the proposed guidelines for such mutual funds is expected to be ready within a couple of weeks. The report is being ... More

TECHNICAL ANALYSIS


Bears make a comeback
FRIDAY's trading activity was totally dominated by the bears. However, bulls managed to initiate uptrend in few counters. This has resulted in changing the sentiment in favour of the bulls. In the normal course of trading on Monday, the ... More

COMMENTARY


Tech stocks slide as Wipro disappoints
THE markets, seen moving in a see-saw pattern through the week, ended on a definitive downtrend on Friday. The bears finally wrested control and the Bombay Stock Exchange reversed the gains it posted on Thursday and ended lower by 24.10 points on ... More

UTI bearish on tech stocks
THE financial results of Wipro seem to have turned Unit Trust of India (UTI) bearish on the technology stocks. Dealers said that the country's largest fund was seen selling all top-rung IT stocks. Other domestic funds have also joined UTI by ... More

ACC, L&T may turn positive
FRIDAYs trading in the derivatives segment saw most equity puts gain value in line with the bearish sentiment in the spot market. Here are some buy/sell strategies based on the day's trading: Equity options: The January 170 calls on ACC ... More


Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in

Top Stories
INS cautions members on LML ads


HC asks Vellore tanneries to pay up compensation

Bank privatisation efforts faltering

`No time-frame for CRR cut'

Wipro posts 17 pc rise in Q3 net

Rabi oilseeds output set to recover

Infrastructure growth down to 2 pc in Apr-Dec

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Jan. 6-Jan. 12
DSE clean-up drive opens pandora's box

Markets hit by war fears; Sensex sinks, recovers


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