Financial Daily from THE HINDU group of publications
Saturday, April 12, 2003
Markets (April 11)
BL 2501014.45 (-10.87)
BSE Sensex2997.87 (-37.46)
S&P CNX Nifty949.80 (-12.40)
Dollar (Buy/Sell)47.31/47.44
Gold Std (10 gm)5135 (+10)

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Ends and means
FRIDAY'S PAPERS had this statement from the French President, Mr Jacques Chirac's office: "France, like every democracy, welcomes the fall of Saddam Hussein's dictatorship, and hopes there will be a rapid and effective end to the fighting". In ... More

E-DIMENSION


An appointment with `disappointment'
THE DARLING of the bourses, Infosys, announced its yearly results and the market crashed because the company did not perform as expected. Though Infy posted a net profit for the latest quarter showing a rise of about 25 per cent compared to the ... More

SAY CHEEK


Witch-hunt in Infy results
STOCK market indices are falling apart as if they were made of ninepins and they say Sensex caught cold because Narayana Murthy sneezed. And anxious investors are clutching at all those documents that Infosys put on its Web site and trying to ... More

Quality is where the shoe pinches
When a rugged-looking pair of Power footwear that has an `active massaging system' and a broad Velcro grip, starts tearing off within about three months of its purchase, normal reaction would be to feel let down by a great brand. I could see ... More

EAR TO THE GROUND


Parent props up Nestle?
NESTLE has been attracting considerable buying interest over the past couple of days. Dealers attributed the increased buying activity to the parent mopping up shares of the company through the creeping acquisition route. According to analysts, ... More

ON THE HEDGE


Construct April strangle on Infosys
THE following strategies are based on Friday's trading in the derivatives segment on the NSE: Equity options Infosys: The outlook on this stock is neutral. Indicators such as the put-call open interest ratio suggest that the ... More

SENSOR


Infosys overweighs sentiment; Mastek regains
THE carnage on Dalal Street continued into the second consecutive session on Friday. The hangover from the previous session continued into the last trading day of the week, as software stocks were battered again. An unexpected level of ... More
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