Sunday, March 5, 2000

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Think Tank
This week we focus on a complete analysis of the
power industry
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Sensex on free fall, dips 150 pts
For the third day in a row since the presentation of the budget, the markets sank deeper, while the fancied IT stocks continued their upward march.

Sinha ignored nitty-gritty; no wonder Sensex crashed
Sinha seems surprised that the market is giving a thumbs-down to his budget. The market is signalling to him that the budget appears a gross one, and that it has not really gone into the nitty-gritty.

Short-term view is weak
Thanks to a sharp dip in index-based counters like HLL, Reliance, ITC, Ranbaxy, L&T, SBI, HPCL and Hindalco, the BSE Sensex lost 245 points last week.


  Kotak Mahindra Finance, Appu Industries to remain bullish
  Melstar Technologies may list on BSE next week

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