US-64 shortfall at Rs 5,522 cr
Mumbai: Unit Trust of India (UTI) has estimated that the shortfall in its US-64 scheme as on May 31 is expected to be around Rs 5,522 crore. According to the Economic Survey for 2002-03, this estimation has been based on certain assumptions including an assumption that the net asset value of the scheme would be Rs 6.48.
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Sales target drives up Tata Engg
Mumbai: Tata Engineering has been accumulated by market players on expectation of good sales and production targets in the remaining part of current and next fiscal.
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New drug policy hopes lift Glaxo
Mumbai: GlaxoSmithKline Pharmaceuticals moved up sharply on Thursday in early trade on expectations of the new DPCO policy of the Government being announced by March-end. The stock ended the day at Rs 314.05 on the NSE, up 4.44 per cent with 1.01lakh shares.
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Infotech stocks rebound
Mumbai: The Sensex snapped a two-day losing streak and moved up on the eve of the Budget announcement on the back of buying in frontline and second-rung technology stocks, apart from key index scrips. The benchmark BSE Sensex closed Thursday at 3277.34
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Rupee stable; gilts down
Mumbai: The rupee closed on Thursday similar to Wednesday's levels at 47.6750/6850 against the dollar in a relatively lacklustre forex market.
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