Infosys premium narrows down.
New York: THE US stocks finished last on a negative note after data on jobs and manufacturing failed to meet analysts expectation. The government reports tempered optimism that corporate profits will grow fast enough during the second half to support higher share prices.

As a result, the Dow average lost 1.4 per cent last week. According to Bloomberg data, it was the first drop since the week ended June 27. The S&P 500 fell 1.9 per cent and the tech-focussed Nasdaq dropped 0.9 per cent.
Back to News Review index page  

Debt turnover up 34.1% in July
Mumbai: The wholesale debt market (WDM) segment on the National Stock Exchange (NSE) reported a 34.1 growth in turnover in July 2003.

The aggregate turnover of the segment was Rs 1,31,027 crore compared with Rs 97,725 in July 2002. This is for the fourth time in a row that the turnover has crossed the Rs 100,000 crore mark in fiscal 2003.
Back to News Review index page  

CEOs expect GDP growth of over 6 per cwnr
New Delhi: FOR the second successive year the economy is likely to post a gross domestic product (GDP) growth in excess of 6 per cent during the current fiscal year.
This has been indicated by a majority (72 per cent) of chief executive officers who were polled by the CII.
Back to News Review index page