The Hindu Business Line : Wednesday, April 09, 2003

Bear resurgence
BEARS were successful in terminating the four-day bull run. Bears were in total command of Tuesday's trading activity. Their dominance left the bulls with no opportunity to recover. The sentiment reading of the tradable counters stands neutral. ... More

STOCK EXCHANGES

CSE moots revised balance sheet
THE Calcutta Stock Exchange (CSE) has proposed to introduce a revised balance sheet after adjustment of securities pay-in from Settlement No 2004307, whose funds pay-in and pay-out corresponds to Tuesday (April 8). Under the system, the ... More

STOCK MARKETS

Fund buying perks up IPCL
Dealers said, with almost one year under the control of Reliance Industries, the company managed to make various changes in its operations and the impact of this is partly seen during the last few quarters. But the talk is that several ... More

Syndicate Bank up on equity cut, dividend hike hopes
SHARES of public sector Syndicate Bank have gained over 30 per cent in the last seven trading sessions following the announcement that it will return Rs 100 crore of equity capital to the Union Government. Since March 31, the stock price has ... More

Order buzz lifts Hughes Soft
THE stock price of Hughes Software Systems (HSS), the Delhi-based communications software provider, has gained over 18 per cent over the past week amid speculations that the company has built up a healthy order book with names such as Motorola, ... More

Divi's Lab stays on funds' buy list
THE Divi's Laboratories stock hit an all-time high of Rs 253.45 on the BSE in mid-afternoon trades thereby continuing its dream run on the bourses. Marketmen said that the counter registered large gains on the bourses today on the back of ... More

DERIVATIVES MARKETS

HLL: Outlook negative, short May futures
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Equity options HLL: The outlook on this stock is negative. The fact that the market is pricing the puts at a substantially higher premium ... More

COMMENTARY

IT stocks reverse direction on profit-taking
THE positive sentiment surrounding information technology stocks that prevailed during the opening trading session of the week, quickly vapourised on Tuesday. Profit-booking and heavy selling pressure brought down the prices of IT stocks during ... More

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