The Financial Express -- Markets

Tuesday, June 3 1997

UTI takes Mauritian route for debt fund

Unit Trust of India has set up a Mauritian-based company to kick off its maiden $150 million debt fund, India Debt Fund. Nomura International, London, the European-arm of the Japanese investment banking major, will act as the manager of the fund.

Exchanges to get a free-hand in derivative trading

The Securities and Exchange Board of India committee on regulation of derivatives trading is in favour of giving freedom to the stock exchanges to decide on the nature of derivatives they want to introduce.

Fed up of MFs?

Investors trusted mutual funds and fund managers the markets. The boat capsized, the two are struggling to cling on to something that will bring them ashore. But every hold that comes their way is as thin as a paper.

IPCL lacks fundamental support

Rating agencies to seek monthly performance data from NBFCs

Market Round-up

BSE declares 40 CRB group shares as bad deliveries

buy/sell/hold -- Federal Bank

Rs 3.8-cr net outflowin UTI MMMF

Market Briefing -- Stay against SEBI order

Downslide in grains, pulses; sunflower oil firms up

IDBI plans to storm fixed deposits market

BSE clarification on multiple cards

Flipping- nemesis of underwriters

Watch your step; technicals have limitations

Investors' forum wants CRB probe reports made public