Kargil rumours drag Sensex down 50.76 points
Rumours of Pakistani attacks on Kargil continued to take centre-stage as brokers looked for ways to cover their short positions on the local bourses.

Canbank AMC to launch gilt, money market funds
The Canbank Asset Management Company is in the process of launching a gilt fund and a money market mutual fund (MMMF) by the end of the current year.

Dundee launches dedicated, open end gilts fund
Dundee Sovereign Trust, the second dedicated gilt fund in the country after Kotak Mahindra's K-Gilts, has been launched. Dundee Soverign Trust is sponsored by Dundee Bancorp Inc. and Dundee Investment Management & Research Ltd, Canada.

  Malaysian importers eye June soymeal
  European crude outlook softer as ample suppliers flood markets
  Vietnam suppliers hold back coffee on frost fears
  Commodity sector recovery may herald lower NPAs -- HSBC
  Stamp duty on inter-depository share transfers may hamper transactions
  Reliance MF adds new dividend plans
  Institutions plan action against defaulting corporate borrowers
  Cantriple to go open-end
  Market re-rates Reliance and IPCL
  Asian stocks rebound on bargain hunting
  Dividend hopes boost Morgan Stanley
  Sundram Fastners; last quarter thrust
  GDR index up 2.73%
  Floating Stock
  Market Briefing
  SAIL may tap debt market to fund annual expenses, VRS
  Enter, if you must, with a stop-loss
  Close positions on a daily basis
  Reliance hikes yarn price again; sugar slumps
  Bullish sentiment to dominate Asian crude
  Markets witness mixed trading, fennel eases