Glaxo up in downhill market
Mumbai: Pharma major GlaxoSmithKline Pharmaceuticals has been quite volatile of late. The share price of the company on Monday closed higher by 1.39 per cent at Rs 299.55 with 20,272 shares being traded on the BSE. On the NSE, the stock went up 1.46 per cent to close at Rs 299.80 with 37,227 shares changing hands. Of the traded shares, 76.37 per cent was up for delivery on the NSE while the corresponding figure on the BSE was 86.87 per cent.
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BHEL hits new high on order hopes
Kochi: Expectations of several new orders being finalised over the next 20 days, saw the share price of BHEL hit a 52-week high on the bourses during the course of trading on Monday. The stock closed at Rs 216.50 with around 6.2 lakh shares traded on the BSE. On the NSE, the stock closed at Rs 218.10 (Rs 218.70) with around 13.38 lakh shares traded. The stock hit a 52-week high at Rs 223.15 on the BSE and at Rs 223.35 on the NSE.
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Nifty calls lose value as spot takes a beating
Mumbai: The total turnover of the futures & options segment on the NSE was around Rs 2621.20 crore on Monday.While stock futures accounted most of it with Rs 1549 crore trading, index futures recorded a turnover of Rs 404.38 crore, the Nifty options Rs 115.18 crore and the stock options Rs 551.95 crore.
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822 cos on BSE flout corporate governance code
Mumbai: More than 800 companies listed on the BSE and 146 companies on the NSE have failed to comply with SEBI's Corporate Governance Code.According to the quarterly compliance report submitted to SEBI by stock exchanges for the period ended September 30, 2002, as many as 1,848 companies on the BSE and 741 on the NSE were required to comply with the code. Of these, only 1,026 on the BSE and 595 on the NSE have complied with the norms.
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Fears of long war bombard Sensex
With fears about a prolonged war, the benchmark indices shed some of the gains of the past four trading days to close in negative territory. The firing along the line of control dividing India and Pakistan also added some fuel to the fears.
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Dow Jones plummets 307 points at close
Mumbai: US stocks sank more than 3 per cent on Monday as grim television footage from Iraq reminded investors the U.S.-led war to oust Saddam Hussein would not be easy and brought last week's monster rally to a screeching halt.
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Rupee stable; securities decline
Mumbai: The rupee closed at 47.6550/6600 on Monday, after opening at the same levels. On Friday, the rupee had closed at 47.67 against the greenback.
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As SEBI deadline nears - Brokers clueless on turnover fee defaulters
Mumbai: The Association of NSE Members of India (ANMI) has no official information on the matter except details of the SEBI circular, which makes no specific mention of the possible consequences of non-payment of dues.
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