The Hindu Business Line : Friday, March 14, 2003

Refund or face action, SEBI tells Kalpataru Agro
The Securities and Exchange Board of India (SEBI) has directed the management of Kalpataru Agro India Ltd, to refund the money collected from the public in a month's time or face the consequence of severe penal proceedings. The Mathura-based ... More

TECHNICAL ANALYSIS

Narrow movement
THURSDAY's trading activity witnessed narrow movement. Bears managed to gain from the day's trading. The market sentiment reading of the tradable counters stands bearish. Bull domination on Monday is likely to neutralise the sentiment reading. On ... More

STOCK MARKETS

Hero Honda rides on ties renewal
THE Hero Honda scrip on Thursday raked up gains on the major bourses following positive news over the continuation of the Japanese partnership with the Hero Group. LIC and Birla Mutual Funds reportedly picked up a decent quantity of Hero Honda ... More

Block deals in HDFC Bank
THE counter of HDFC Bank saw sharp rise in trading volumes on the BSE with several block deals witnessed on Thursday. Dealers said these deals were done in various tranches. The deals were of around 8 lakh shares. The talk was that Chase group ... More

Canara Bank sees buying interest
CANARA Bank stock today moved up on buying interest, mainly from operators and traders, according to brokers. The stock opened on the Bombay Stock Exchange at Wednesday's closing of Rs 61.55, rose to the intra-day high of Rs 63.60 and settled ... More

DERIVATIVES MARKETS

Cautious approach by investors in derivatives market
SEE-sawing between red and green, the indices ended in negative territory. The Nifty ended 2.05 points lower at 999.65 levels as compared to Wednesday's close of 1,001.70 points. The BSE Sensex also slid into red, shedding 1.84 points to end at ... More

COMMENTARY

Select techs shine in range-bound market
THE BSE Sensex continued to be plagued by apprehensions of an extended weekend. The Sensex moved within a narrow band during the day's trading, closing for the day, 1.84 points lower at 3,108.24 points. The Sensex opened at 3,113.25 points, ... More

IPOS

Maruti IPO to be completed in June
THE initial public offering (IPO) of 36 lakh shares held by the Government in Maruti Udyog Ltd (MUL) will be completed in June, the Union Disinvestment Minister, Mr Arun Shourie, said in the Rajya Sabha on Thursday. Replying to supplementaries ... More

ECONOMIC OFFENCES

Ketan Parekh denied bail
MR Ketan Parekh's bail was rejected by the Chief Metropolitan Magistrate (CMM), Calcutta, on Thursday. On a complaint of the Calcutta Stock Exchange (CSE), made under Section 120B and 420 IPC, the State police had arrested many share brokers ... More

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