Tuesday, April 3, 2001

Kashmir Ceasefire Monitor


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Parekh's favourite stocks crash further
First trading day after the Big Bull's arrest turned out to be volatile and nervous. The benchmark Sensex plunged by a whopping 168 points, or above 4%, intra-day to touch a new 22-month low of 3436.33, but aggressive purchases by domestic institutions and foreign funds prevented a crash on Monday.




UTI Bank, GTB merger may be put on hold
Mega merger between UTI Bank and GTB is facing rough weather with the Sebi finding insider trading in GTB shares prior to the merger announcement.




Maruti sales drop 9% in FY 2001
Despite high-profile launches, sales of country's leading car maker Maruti Udyog has dropped by nine per cent to 3.36 lakh units from 3.70 lakh units sold in the year-ago period even as industry's No: 2 Hyundai Motor sales have shot up by 14.2% in fiscal 2001.




Other headlines

Depositors seek action against Madhavpura directors


 
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