Financial Daily from THE HINDU group of publications
Tuesday, July 30, 2002
Markets (July 29)
BL 2501060.12 (-8.41)
BSE Sensex3030.06 (+5.71)
S&P CNX Nifty971.65 (-1.85)
Dollar (Buy/Sell)48.69/48.82
Gold Std (10 gm)5030 (-110)

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MARKETS

OPEN OFFERS


TVS to make 2nd open offer for Harita Fin
AS TVS Motor Company's open offer for buying out the 50.30 per cent stake in the group company, Harita Finance Ltd, from the public has met with lukewarm response, it is mulling a second open offer. The first offer was open between April 29 and ... More

MUTUAL FUNDS


Templeton completes Pioneer ITI takeover
With this announcement, Franklin Templeton becomes one of the largest private sector fund companies in India with combined assets of approximately Rs 8,000 crore with more than 8,50,000 shareholder accounts. More

TECHNICAL ANALYSIS


Bulls make a comeback
BEARS extended further pressure over Monday's trading. However, bulls managed to restrict them from making substantial gains. The sentiment reading of the tradable counters remains bearish. Bull domination on Tuesday is likely to reduce the ... More

STOCK MARKETS


Stocks rally in volatile trade
CONCERN over a drought in the country coupled with the prevailing bearish sentiment drove stock prices down early on Monday. But prices recovered towards the end of the day with international bourses opening stronger. The market was extremely ... More

Hughes Soft at new low on Q1 results
A dismal first quarter performance and continuing global slowdown in the telecom sector have dragged down the share price of telecom software solutions provider, Hughes Software Services (HSS) by over 20 per cent since the announcement of its ... More

UTI's basket trading lifts indices
IN an effort to lift the stock indices, UTI on Monday bought the scrips which constitutes the indices (both Sensex & Nifty). According to dealer, this was one of the main factors for the stock indices to close in positive territory in an ... More

Retail investors, MFs reduce stake in Maharashtra Scooters
ONCE again retail investors seemed to have made handsome gains by exiting at time a when the share price of a company was ruling firm. This time it was in Maharashtra Scooters Ltd, which gained over 125 per cent during April-June quarter at the ... More

DERIVATIVES MARKETS


Risky potential in Tata Engg
THE following are some buy/sell strategies based on Monday's trading in the derivatives segment at the NSE: Equity options: On the downside, Satyam may find support at Rs 200. On the upside, the stock may find resistance at Rs 232. Two ... More

COMMENTARY


Late buying helps market to recover
IT was a roller coaster ride for the BSE Sensex on Monday's trading. After breaching the psychological barrier of 3000 points in the early part of the day, the BSE Sensex recovered ground to close for the day in the positive territory. To some ... More
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Top Stories
Microsoft now redefines trustworthy computing


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In Depth
Gender Justice
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Small Investor
Looking back
Jul. 21-Jul. 27
JPC favours more teeth to SEBI — Pulls up watchdog for poor track record

HLL market cap falls Rs 1,600 cr — Analysts lower sights on poor monsoon


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