Financial Daily from THE HINDU group of publications
Wednesday, February 27, 2002
Markets (Feb. 26)
BL 2501146.75 (+25.56)
BSE Sensex3712.74 (+99.23)
S&P CNX Nifty1189.40 (+23.95)
Dollar (Buy/Sell)48.67/48.85
Gold Std (10 gm)4900

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TECHNICAL ANALYSIS


Bull onslaught
BULLS were in total control of Tuesday's trading activity. Bears were unable to make any impact during the day's trading. The sentiment reading of the tradable counters changed bullish. Bear domination on Wednesday is likely to neutralise the ... More

STOCK MARKETS


Dr Reddy's Lab zooms on new drug initiative
PHARMA major Dr Reddy's Laboratories (DRL) was in the limelight today on news that the company had sought the USFDA approval for a $2-billion hypertensive drug. The DRL share price has been on an upward curve for the past one week. . It has ... More

Bank of Brussels to make good offer?4
BANK of Brussels' proposal to increase its stake in Vysya Bank is expected to happen shortly. According to market sources, the Bank has almost structured the deal. However, it was not yet clear whether the hike in stake would be through the ... More

Stocks give 99-pt salute to Survey, rail budget
THE stock market turned euphoric over the Railway Budget and the Economic Survey today, with stock prices rising across the board. In addition, there was some active buying by FIIs ahead of the Union Budget. The market, which opened on an ... More

Cement scrips buoyant; volumes surge
CEMENT scrips were buoyant on Tuesday over news that the railway freight restructuring has gone in favour of the commodity. The approximate reduction in freight rate for cement is said to be around 0.96 per cent per 100 kg for a distance of 700 ... More

Steel stocks decline on freight tariff rejig
STEEL sector scrips reacted negatively on Tuesday to the railway freight restructuring involving two basic inputs — coal and iron ore. "Instant market reaction is negative, albeit marginal, because of the fact that the freight rate (for ... More

DERIVATIVES MARKETS


Fresh positions risky
TUESDAY'S trading in the derivatives segment at the NSE saw most equity calls move in sympathy with the underlying, and end in the positive territory. Here are some buy/sell strategies based on the day's trading: Equity options: Satyam ... More

COMMENTARY


Economic Survey, Railway Budget fuel sentiment
THE Economic Survey and the Railway Budget managed to keep the stock market happy on Tuesday. The overall sentiment was positive and is likely to remain so till the Budget. State-owned companies, cement and select pharmaceutical stocks did well ... More
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Top Stories
Stocks give 99-pt salute to Survey, rail budget


Cabinet committee meet on HPCL, BPCL sell-off today

10 PSUs to be divested by March

Cut deficit, lift growth: Survey

Push for goods, shove for passengers

Rlys focus shifting from bulk transporter to logistics aide

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Feb. 17-Feb. 23
`Feel good' factor back on bourses

SEBI throws the book at Mallya, Chhabrias -- `Divest wrongfully acquired shares in Herbertsons'


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