The Financial Express -- Markets

Thursday, May 29 1997

Derivatives not in investors' interest, says Damani

The Bombay Stock Exchange (BSE) has taken an extremely cautious stand on the introduction of derivatives in India while all other participants at the stock exchange summit called for its quick introduction in the interest of the economy. BSE's reservation on derivatives was aired by MG Damani at the second day of Second Annual Stock Exchanges Summit, 1997.

Bourses ask for more power to prosecute firms

India's premier stock exchanges have sought additional legal powers to act against corporates and their executives for indulging in price rigging. This was revealed by the stock exchanges executives at the Second Stock Exchange Summit yesterday.

Sensex at a sensitive point

The market has turned volatile and is at a sensitive point. Technicals indicate the possibility of market building-up strength. The Sensex opened at 3704.94 and gained 13 points to post a intra-day high of 3718.21. But then, the market lost 48 points to post a low of 3670.65, before it recovered to close at 3692.55.

Tokyo bonds end down on S&P ratings

Divergent trend in bullion; edible oils decline

Waiting for the market trigger

Crisis of confidence plagues the market

Optmistic NSDL chief says "take-off" stage not far off

OTCEI disables four counters from trading

Good Brazilian crop may hit castoroil prices

Lacklustre sentiment prevails on NSE

Market - Briefing

Market Round-up

Skindia GDR index falls 0.18%

There is money in poor results, too