Sell-offs pull Sensex down 84 points
The sentiment remained bearish throughout the day in the absence of what marketmen call a "trigger". The day started on a weak note as a large number of tech stocks opened with a gap of nearly 2% on the downside.

MTNL -- Good for long-term investors
Sensex lurched dangerously close to 4,029, the previous low posted on that Black Friday. It dipped to a low of 40,56. The index has not only lost 84 points day over day, but has actually closed lower than its opening.

K Gilt announces dividend
Kotak Mahindra Mutual Fund on Tuesday declared a tax-free dividend of 7.3 paise per unit for its K Gilt savings plan for September 2000 and a maiden tax-free dividend of 7.9 paise per unit for its K Gilt serial plan 2001


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