Financial Daily from THE HINDU group of publications
Thursday, April 10, 2003
Markets (April 9)
BL 2501062.60 (-11.25)
BSE Sensex3141.25 (-33.61)
S&P CNX Nifty1004.85 (-13.25)
Dollar (Buy/Sell)47.44/47.57
Gold Std (10 gm)5130 (+50)

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5paisa trader terminal
BANGALORE: 5paisa.com, a subsidiary of India Infoline has launched the 5paisa trader terminal — an Internet-based trading system for shares in Bangalore. The facility allows cash, futures and options trading through an ... More

MUTUAL FUNDS


MFs mull utility payment with redemption
UTILITY payment seems to the latest buzzword among the country's mutual funds (MFs), some of which are said to be exploring the possibility of directly sending redemption proceeds to institutions specified by their investors. While the funds ... More

TECHNICAL ANALYSIS


Bear domination
BEARS were in total command of Wednesday's trading activity. Bulls were unable to make any impact during the day's trading. The market sentiment reading of the tradable counters stands bearish. Bull domination on Thursday is likely to reduce the ... More

STOCK MARKETS


Fear of number pulls down Satyam
THE counter of Satyam Computer has been on the downward move over the last few days. The fall is mainly due to heavy selling from institutional investors ahead of the company's fourth-quarter results. Dealers said most of the institutions ... More

Color Chem sees active trading
CAN there be a perfect way of betting on a Supreme Court verdict? It appears so going by the trading pattern in Color Chem Ltd (CCL) stock on the major bourses following announcement of an open offer on Monday by its foreign promoter and persons ... More

Undervalued perception keeps interest in BoB
AN uncertain market once again took cover in bank stocks, on account of which select public sector stocks hit a 52-week high, registered good volumes but closed weak. Syndicate Bank, Andhra Bank, PNB, Canara Bank and BoB were among those that hit ... More

DERIVATIVES MARKETS


NIIT: Outlook negative, buy April 110 puts
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Equity options SBI: The outlook on this stock appears positive. The upside price target is Rs 305. The risk is that profit-taking ... More

REGULATORY BODIES & RULINGS


Venkatachelliah to head Central listing authority
THE Securities and Exchange Board of India has formally constituted the Central Listing Authority and appointed former Chief Justice of India, Mr M.N. Venkatachelliah, as President. CLA will bring uniformity in the due diligence process and ... More

COMMENTARY


Pharma stocks shine as IT tumble
AMIDST the growing unease over what seems the extension of the Gulf war, domestic stock markets faced another day of declining valuations on Wednesday. The weak sentiment in the markets was also partly influenced by the overnight fall in the ... More
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