Financial Daily from THE HINDU group of publications
Wednesday, July 23, 2003
Markets (July 22)
BL 2501256.88 (-10.56)
BSE Sensex3554.13 (-15.45)
S&P CNX Nifty1109.20 (-6.60)
US Dollar (Buy/Sell)46.14 (46.27)
Gold Std (10 gm)5385 (+65)

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MARKETS

MUTUAL FUNDS


FT mulls another Fund of Funds
FRANKLIN Templeton India (FT) has worked out its second Fund of Funds (FoF) proposal, one that will mainly invest in a combination of two of FT's better-known equity and income schemes. The proposed FT India Low Volatility Equity Fund will ... More

TECHNICAL ANALYSIS


Restricted movement
BEARS exerted further pressure over Tuesday's trading. This resulted in terminating all the uptrend counters in the tradable list. The market sentiment reading of the tradable counters remains strongly bearish with no uptrend counters. Bull ... More

STOCK EXCHANGES


  • IRTL shares listed on NSE, BSE

    STOCK MARKETS


    Big shopper on the prowl
    ONE of the biggest brokers in the stock market was seen buying heavily into Tata Infomedia and Lupin Ltd on Tuesday. According to dealers, the broker was buying large amount of shares on both the counters. The share has been moving up since ... More

    DERIVATIVES MARKETS


    HLL: Outlook positive, construct bull call spread
    THE following strategies are based on Tuesday's trading in the derivatives trading on the NSE: Equity options HLL: The outlook on this stock is positive. Note that futures and calls constitute about 90 per cent of the total open ... More

    FOREIGN INSTITUTIONAL INVESTORS


    FIIs evince interest in Hind Lever stock
    THE Hindustan Lever stock today saved the Sensex from a bigger slump. According to dealers, substantial buying support was provided by certain FIIs. Market sources said Credit Lyonnais Securities reportedly was an active buyer in the ... More

    COMMENTARY


    Slide in old economy stocks continues
    THE BSE Sensex was caught in a bearish grip for the second consecutive day of trading this week. The Sensex was down by 15.45 points (or 0.43 per cent) to close for the day at 3554.13 points. The old economy stocks continued to take a beating, ... More

    IPOS


    IOB issue to have a premium of Rs 10-14
    INDIAN Overseas Bank's public issue of `10 crore equity shares of Rs 10 each' is likely to hit the market at a premium of Rs 10-14— in other words, in a price band of Rs 20-24 per share. The bank will therefore get anywhere between Rs 200 ... More

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    TN Govt to respond to SC on staff issue

    Look before you jump for Varishtha pension plan

    Petroleum sector drags down Q1 infrastructure growth

    Pressure on margins is main worry: Nasscom

    Gold may begin a new innings in 2004

    In Focus
    The Cable tangle
    Pakistan Diary
    Indo-Pak Monitor
    Indo-China Relations
    Telecom Competition

    In Depth
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance

    Looking back
    Jul. 13-Jul. 19
    GDR/ADR issues dip in 2002-03

    Govt mulls cutting market lot size for futures transactions

    Small investors may lose direct access to markets

    BSE to place 2,260 scrips on IndoNext

    Sensex to go free-float way


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