Narrow movement
Mumbai: Monday's trading activity witnessed narrow movement. Prices of the tradable counters moved within a close band.However, bulls managed to gain from the day's trading. Bear domination on Tuesday is likely to change the sentiment reading in their in their favour. On the other hand, the prevailing sentiment is likely to continue with added strength.
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NSE annuls trade of 14 entities in Cyberspace
Mumbai: The National Stock Exchange (NSE) yesterday said that it had annulled trades of 14 entities in the stock of Cyberspace during 2001.
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Optical fibre stocks pinned down by telecom slowdown
Mumbai: The stock prices of optical fibre manufacturers such as Sterlite Optical Technologies and Aksh Optifibre continue to buckle under the pressure of a global slowdown in telecom industry coupled with a lack of fresh orders from domestic market.
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Strategy shift helps HCL Tech
Mumbai: HCL Technologies witnessed some institutional interest on Monday. Dealers said the stock had generally benefited from the overall institutional interest in tech stocks over the past few days.
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IOC, IBP flare up on block deals
Mumbai: The share price of Indian Oil Corporation (IOC) stock today spurted with significant volumes on the National Stock Exchange and the Bombay Stock Exchange. The counter of IBP, a subsidiary of IOC, also buzzed with hyper activity.
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Tractor stocks fall in narrow trading session
Mumbai: Bulls and bears alike stayed away from what was a very narrow trading session on Monday as the outlook was indecisive. The Sensex though volatile, remained highly range bound the spread between the intra day high and intra day low being as little as 18.60 points.
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Canara Bank to trim equity base prior to public offer
Mumbai: As a prelude to tapping the primary market with an IPO, Canara Bank has decided to reduce its equity capital by Rs 278 crore and return the money to the Government. 
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Rupee dips; securities gain
Mumbai: THE rupee closed marginally weaker on Monday at 48.5850 against the dollar as compared to Friday's close of 48.5750 in an active forex market.
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