The Telegraph - Calcutta : Business

| Thursday, February 26, 2004 |

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Lifeboat to keep PSU stocks afloat

Govt swings into action as public offer response remains lukewarm; sends warning signals to bears

Rattled by the frigid response to the public issues by a raft of state-owned companies, the BJP-led central government rushed into crisis management mode and claimed it had identified the bears who were mauling stock prices. ... | Read..

Sebi seeks data on trade pattern

Taking note of the government’s concern over the lukewarm response to the ongoing PSU stock sale, the Securities and Exchang ... | Read..

Liquidity worries pull down sensex

Mounting liquidity worries due to a slew of mega issues and selling by domestic and foreign institutional investors (FIIs) s ... | Read..

Gail floor at Rs 185

The government today fixed a floor price of Rs 185 per share for the forthcoming Gail public offer and offered a 5 per c ... | Read..

Patni lists with a bang, drifts later

Trading in shares of Patni Computers started today with the stock listing at Rs 255 on the National Stock Exchange (NSE), an ... | Read..

Lifeboat to keep PSU stocks afloat

Sensex

5618.15

-116.29

Stock Indices

BSE-100	2885.12	(-75.95)
S&P CNX Nifty	1786.08	(-34.55)

Haldia flush with coke oven plant bids
After the Tatas and a German consortium, it’s now the turn of the Chennai-based Shriram group t.. | Read..

Daewoo to exit Anchor venture
The Maharashtra-based Anchor Electronics and Electricals is set to buy out a majority 82.. | Read..

Bank of India, H-P in infotech pact

Bank of India will outsource its infotech infrastructure and application needs to Hewlett Pack.. | Read..

Gail plans to hive off telecom arm

Gail (India) Ltd plans to hive off Gail Tel — its telecom division — into a separate company. .. | Read..

PTC to ink purchase deals with captive units

Power Trading Corporation of India is in talks with a number of captive units to purchase power.. | Read..

Air Deccan to expand fleet

Air Decca, the newly-launched low-cost, no-frills carrier, plans to top up its minuscule turbo.. | Read..

MARKET WATCH

Mutual Funds

ADB raises Rs 500cr via bonds

Share Prices

Name	BSE	NSE
HLL	174.05 (-1.04)	174.06 (-1.01)
ITC	1071.07 (-42.06)	1075.95 (-36.35)
Infosys	4957.08 (-82.55)	4967.35 (-76.35)
Reliance	554.03 (-12.05)	555.02 (-10.55)
Wipro	1436.05 (-27.02)	1442.05 (-24.55)
Zee	127.25 (+1.05)	127.55 (+1.55)

Foreign Exchange

US $1 : Rs 45.24	UK £1 : Rs 85.49
Euro : Rs 57.33	Yen 100 : Rs 41.72
HK $1 : Rs 5.75	SW Fr1 : Rs 35.95
Sing $1 : Rs 26.45	Aus $1 : Rs 34.85

Bullion

Calcutta
Gold Std (10gm)	Rs. 6155
Gold 22 Carat	Rs. 5810
Silver bar (1kg)	Rs. 10325
Silver Portion	Rs. 10425
Bombay
Gold Std (10gm)	Rs. 6070
Gold 22 Carat	Rs. 6030
Silver bar (1kg)	Rs. 10485
Silver Portion	NA