The Telegraph - Calcutta : Business

| Tuesday, May 18, 2004 |

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Braveheart LIC turns buyer

The Life Insurance Corporation (LIC), the largest domestic equity investor, tried to calm the panic-stricken stock markets by buying heavily as share prices bottomed out. ... | Read..

Sebi remains a silent spectator

While Dalal Street bled profusely, the capital market watchdog — Securities and Exchange Board of India — which has been on ... | Read..

Watchdog provides support to faltering rupee

The rupee today came under intense pressure over concerns of dollar outflow. However, unlike stocks, the Indian currency end ... | Read..

Oil suffers third-degree burn

The oil stocks have witnessed a major decline in the market today, which has experienced a historic fall in any single t ... | Read..

Stocks go into a tailspin across the globe

Stocks fell sharply Monday, after the killing of a key figure in Iraq’s new government heightened investors’ concerns ab ... | Read..

The huddle: Brokers at the Calcutta Stock Exchange watch the meltdown on Monday. Picture by Kishor Roy Chowdhury

Sensex

4505.16

-564.71

Stock Indices

BSE-100	2381.53	(-301.93)
S&P CNX Nifty	1388.75	(-193.65)

FIIs lose heavily on panic selling
Market analysts have always been wary of the fickle behaviour of foreign institutional investors (F.. | Read..

Knock-on effect on primary market
The meltdown in Indian stocks, which has began on concerns of slow reforms, would have a knock-on e.. | Read..

Mutuals take a long view, stay calm

The net asset value of mutual funds will show a dismal fall, courtesy the mayhem on Dalal Stre.. | Read..

No left, no right, reforms can march only straight

The country’s leftist parties, whose support is critical for Sonia Gandhi’s new government, do not.. | Read..

Pressure mounts to hold petro priceline

Political pressure has already starting building up against any proposed increase in the price of p.. | Read..

Calcutta captains take slump in stride

The current meltdown on the bourses will be short-lived and the market will bounce back within the .. | Read..

Day traders prefer to stay away from ring

The recent volatility on the bourses saw day traders keeping away from the market, but today’s mayh.. | Read..

Mobile roaming tariff to come down

The Telecom Regulatory Authority of India (Trai) today directed all mobile service operators to red.. | Read..

STOCK MARKET

Mutual Funds

Share Prices

Name	BSE	NSE
HLL	120.25 (-21.25)	120.02 (-21.35)
ITC	828.00 (-86.05)	827.25 (-89.45)
Infosys	4527.05 (-554.75)	4518.08 (-570.95)
Reliance	403.06 (-73.02)	404.03 (-72.08)
Wipro	1261.85 (-283.85)	1243.05 (-302.55)
Zee	120.65 (+7.03)	120.09 (+7.05)

Foreign Exchange

US $1 : Rs 45.52	UK £1 : Rs 80.66
Euro : Rs 54.75	Yen 100 : Rs 40.18
HK $1 : Rs 5.08	SW Fr1 : Rs 34.85
Sing $1 : Rs 26.01	Aus $1 : Rs 31.15

Bullion

Bombay
Gold Std (10gm)	Rs. 5775
Gold 22 Carat	Rs. 5730
Silver bar (1kg)	Rs. 9480
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 5875
Gold 22 Carat	Rs. 5545
Silver bar (1kg)	Rs. 9400
Silver Portion	Rs. 9500