Financial Daily from THE HINDU group of publications
Tuesday, August 03, 2004

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MUTUAL FUNDS
UTI Mutual to pay 0.3% on short-term liquid plans
UTI Mutual Fund declared a monthly dividend of 0.30 per cent (Rs 0.030 per unit on a face value of Rs 10 inclusive of dividend distribution tax) under UTI - Liquid Short Term Plan (Regular) and UTI Liquid Short Term Plan (Institutional), ... More

TECHNICAL ANALYSIS
Bulls march ahead
BULLS prevailed over Monday's trading activity. The sentiment reading continues to remain bullish with no downtrend counters. Bear domination on Tuesday is likely to change the sentiment reading in their favour. Otherwise, the prevailing bullish ... More

STOCK MARKETS
Icnet plans revival after securing TIIC waiver
THE Chennai-based Icnet Ltd is out of liquidation and plans a revival in business after a gap of eight years. Trading in the company's securities also commenced today in The Bombay Stock Exchange, and about 100 shares were traded under the `Z' ... More

Singer India volumes spurt
USUALLY dormant Singer India stock on Monday saw sudden upsurge in price and volume. According to market sources, thanks to circular trading indulged in by some operators, the counter registered a traded volume of 1,21,343 shares on the BSE ... More

Bajaj Hindustan on FIIs' radar
THE stock of sugar company Bajaj Hindustan is on the radars of several foreign investors. Dealers said the stock of the company is being bought by several FIIs in the last few days. If the market talk is to be believed, these FIIs are bullish ... More

INTERVIEW
`Our medium-term outlook is positive on equities'
IN its present shape, Alliance Capital Mutual Fund is quite an enigma in the Indian mutual fund industry. The fund house has gone through tremendous changes in recent times, some of them triggered by developments that subsequently became rather ... More

COMMENTARY
Index heavyweights pull Sensex to positive territory
POSITIVE sentiments prevailed in the markets, as the benchmark BSE Sensex moved in a narrow range and closed the day on a positive note. The 30-stock index rose 32.21 points (0.62 per cent) to close at 5202.53 points on Monday. Sensex opened ... More


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