Financial Daily from THE HINDU group of publications
Wednesday, March 26, 2003
Markets (March 25)
BL 2501056.90 (-2.92)
BSE Sensex3140.42 (+0.06)
S&P CNX Nifty1011.30 (-2.60)
Dollar (Buy/Sell)47.59/47.72
Gold Std (10 gm)5345 (+45)

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MARKETS

TECHNICAL ANALYSIS


Marginal gains
BEARS exerted further pressure during the initial hours of Tuesday's trading activity. Later on, bulls made a strong comeback and terminated the bear run. The market sentiment reading of the tradable counters continues to remain bearish. Bull ... More

STOCK MARKETS


World Cup over, it's Zee's turn to play
THE end of the World Cup cricket is likely to spell the beginning of a potential upside in the share price of Zee Telefilms Ltd. According to dealers, there were concerns earlier about the company losing out on advertisement revenues among other ... More

Firm freight rates turn tide for GE Shipping
THE GE Shipping stock today attracted significant buying as a section of market players woke up to the prospects of the company gaining advantage from the recent rise in freight rates. According to market sources, the company is likely to perform ... More

Tetley dividend plan sweetens Tata Tea
NEWS of a Rs 25.35-crore dividend inflow, courtesy Tata Tea's global operations, saw the stock gain strength on the bourses today. The stock ended the day at Rs 183.35, up 1.89 per cent with around 50,662 shares traded on the BSE. On the NSE the ... More

DERIVATIVES MARKETS


Open interest jumps in April contracts
TURNOVER improved in the futures & options segment to Rs 2936.72 crore on the NSE on Tuesday as against Monday's turnover of Rs 2621.20 crore. This was mainly due to stock futures, whose turnover jumped to Rs 1823.98 crore (Rs 1549 crore) while ... More

COMMENTARY


Reliance leads market recovery; Infosys, Wipro down
THE bourses witnessed spirited buying in select stocks, despite fears of a prolonged US-Iraq war. The benchmark indices had a mixed day with the BSE Sensex ending flat whereas the broad NSE S&P Nifty declined marginally. The Sensex opened the ... More
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