The Hindu Business Line : Thursday, August 14, 2003

`IT funds need to modify investment objectives'
THERE is a fit case for infotech funds, which the present stock market boom has bypassed, to modify their investment objectives and turn more broad-based. Or so feels mutual fund circles, tired as they are from waiting for companies in the IT ... More

TECHNICAL ANALYSIS

Bull domination
BULLS were in total command of Wednesday's trading activity. However, bears were successful to the extent of terminating the uptrend in few tradable counters. The market sentiment reading of the tradable counters stands neutral. Bull ... More

STOCK MARKETS

Unilever outsourcing talk boosts HLL
THE counter of FMCG major Hindustan Lever registered good volumes on sustained buying support on Wednesday. The stock ended the day at Rs 175.55 on the BSE, up 2 per cent with around 10.04 lakh shares traded. On the NSE the stock closed at Rs ... More

Gillette India back on `buy'
THE sale of Gillette India's Geep Battery business is being taken very positively by the market players. Dealer said that with the company back on the core business of grooming products, the financial performance of the company is expected to be ... More

DERIVATIVES MARKETS

Digital: Outlook negative, buy August puts
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Equity options Tata Motors: The outlook on this stock is positive. Note that the open position as a percentage of the market-wide ... More

ASSET MANAGEMENT COMPANIES

UTI chief moots IPO
UNIT Trust of India may soon become the first public-owned asset manager in the country. UTI Asset Management Company (P) Ltd or UTI AMC could go for a public issue of equity should any or all of its sponsors wish to exit, Mr M. Damodaran, ... More

COMMENTARY

Buying in HLL, Reliance lifts Sensex
THE 30-stock BSE Sensex, despite witnessing volatile trading in the early part of Wednesday's trade ended on a positive note. The northward movement of the Index was aided by the buying interest witnessed in the counters of Index heavyweights ... More

Stock Quotes
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