The Hindu Business Line : Tuesday, May 11, 2004

MUTUAL FUNDS
Mutual fund pass-backs: Everyone gets a cut!
"PASS-BACKS," the bad word in the mutual fund industry, has reared its head again, this time with distributors accusing asset management companies (AMCs) of initiating the practice. Distributors claim that while most of them are not in favour ... More

HDFC Mutual Fund plans core & satellite schemes
HDFC Mutual Fund has worked out a diversified equity scheme to invest in companies that may be divided into two distinct groups — core and satellite — on the basis of factors such as market capitalisation, risk profile and return ... More

UTI MF stake in Geometric crosses 5 pc
UTI Mutual Fund has acquired 8,000 shares representing 0.1468 per cent of the paid-up capital of Geometric Software Solutions company, UTI Asset Management company has told the stock exchanges. The shareholding in UTI Mutual Fund after this ... More

TECHNICAL ANALYSIS
Bears prevail
THE sentiment reading of the tradable counters continued to remain bearish. Bull domination on Tuesday is likely to neutralise the sentiment reading. On the other hand, it is likely to continue with the added strength. Nifty Futures ... More

STOCK MARKETS
Markets weighed down by political, global factors — Sensex loses sharply; rupee sheds 38 paise
THE impact of the weak Asian market coupled with the uncertainty over the poll outcome pushed the Indian financial market over the edge today. While the benchmark stock indices shed nearly 2 per cent, rupee and government securities also lost ... More

Indian indices shed less than global markets
AMONG the emerging and other global markets, Indian equity markets have fallen the least since the beginning of this month, despite the uncertainty over the poll outcome. A comparison of the various international market shows that the BSE ... More

Exit polls, Asian syndrome rattle markets
THE markets tanked on Monday on the back of frenzied selling in the markets. With the latest exit polls pointing towards the possibility of a hung parliament, the investors have gone on panic mode, selling their stocks at a feverish pace in the ... More

Heading southwards
A stockbroker in Mumbai looking at the graph as the BSE index dips by 113 points.

Up on price hike hopes
TALK of a possible hike in HR coil prices saw the stock price of most mid-cap steel companies gather strength on the bourses on Monday. Brokers said that there is talk that HR manufacturers are likely to hike prices by $35 by the month end or ... More

Value buying lifts Tata Teleservices
THOUGH the overall market sentiment dipped today, the stock of Tata Tele Services (Maharashtra) saw unabated cornering by a select group of domestic players. The stock moved up by 3.38 per cent to Rs 22.95 on the BSE and clocked significant ... More

Investors flocking Gillette counter
RICH growth prospects, on the back of sound fundamentals, is what is said to be holding investor interest at the counter of Gillette India (GIL). Brokers said that given that competitive risk remains low for the company, the stock presents ... More

DERIVATIVES MARKETS
Short Maruti, MTNL futures at higher levels
THE following strategies are based on Monday's trading in the spot and the derivatives segments on the NSE: Maruti Udyog: The stock closed at Rs 506 in the spot market. The stock is currently on a correction phase to its recent rally ... More

Stock Quotes
SE Diary

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SC ruling on cane pricing: Sugar prices may increase

India eyeing share in medical tourism pie

Indian indices shed less than global markets

New Intel chips for notebook PCs

Gold may lose sheen on rising dollar, rate fears

Looking back
May. 2-May. 8
Do not overstretch the broking machine

Negative sentiment pervades all corners

To cope with increased demand — SEBI strengthening tech infrastructure

Rally continues for second day

Will investors favour gold securities?

Paper stocks gain from rise in global prices