Financial Daily from THE HINDU group of publications
Friday, May 17, 2002
Markets (May 16)
BL 2501159.13 (-3.40)
BSE Sensex3355.61 (-39.98)
S&P CNX Nifty1092.80 (-15.00)
Dollar (Buy/Sell)49.01/49.14
Gold Std (10 gm)5150 (+20)

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MUTUAL FUNDS


Sun F&C plans 4 new schemes
SUN F&C Asset Management (I) Pvt Ltd plans to increase its asset under management to Rs 1,300 crore from the current base of Rs 850 crore in a year's time through new schemes and deepening of existing ones, CEO, Mr Nikhil Khattau, said here on ... More

TECHNICAL ANALYSIS


Bear domination
BEARS were in total control of Thursday's trading activity. Their dominance for the third successive trading day left the bulls stranded. The sentiment reading of the tradable counters changed in favour of the bears. Bull domination on Friday is ... More

STOCK MARKETS


Markets jittery over fears of retaliation
STOCK prices took a further beating on Thursday over fears of a possible Indian retaliation against Tuesday's militant attack in Jammu. This added to the bearish sentiment that had already set in following Tuesday's arrest of the brokers ... More

Hero Honda may see value buying at lower levels
HERO Honda is back in the limelight following the recent uptrend in motorcycle demand. Analysts with major funds say that the share price of Hero Honda could take off further despite concern in some quarters about drop in market share. The ... More

Star keen on Hathway Bhawani stake?
GLOBAL media major Star TV is understood to be looking at taking a stake in the Mumbai-based cable TV distributing company, Hathway Bhawani Cabletel & Datacom Ltd, part of the Rajan Raheja Group. Star TV already holds 26 per cent stake in Hathway ... More

Zee signals weak on conditional access
THE share price of media major Zee Telefilms continued to move downward on concerns that the new Cable Television Networks (Amendment Bill) 2002, that makes conditional access system (CAS) mandatory for pay channels, would lead to lower ... More

DERIVATIVES MARKETS


Write Satyam 280 call
SELECT call options lost value during Thursday's trading at the derivatives segment on the National Stock Exchange. The following trading recommendations are based on Thursday's trading.
  • Options on Satyam Computer were actively traded ... More

    REGULATORY BODIES & RULINGS


    SEBI bars Sheth, cos from market
    THE Securities and Exchange Board of India today barred the stockbroker, Mr Ketan Sheth, and his companies from the securities market until May 30. A SEBI release said that in view of the emergent situation in relation to the irregularities in ... More

    COMMENTARY


    War clouds drag Sensex further down
    MARKETS on Thursday sobered after perceived clouds of war laid siege to sentiment. As a result, the country's major indices lost value sharply to record the maximum fall since the start of this week. Click here for ... More
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  • Top Stories
    Calcutta HC alters stay on jute packaging order


    Guindy estate: Mirroring the decline of SSIs

    ATM spree: Street-corner banking is here to stay

    Plea to remove farm sector from WTO purview

    Rly Ministry keen on viability

    Urea policy approved: Net impact on industry at Rs 1,033 cr

    No war — at least for now

    Rediff revenues up 340 per cent: Net loss at $14.75 million

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    May. 5-May. 11
    Q4 results prove elusive for investors

    For making good shortfall in assured schemes -- Development fund is guarantor, UTI told

    DSE records zero turnover


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