The Financial Express -- Markets

Tuesday, June 17 1997

BSE entry into depository hinges on counter-party risk

The Bombay Stock Exchange's (BSE) plan to join the National Securities Depository (NSDL) to provide its members the facility to trade in dematerialised segment faces fresh hurdles. Depository authorities are examining whether or not the exchanges' trade guarantee fund provides counter-party risk desirable for settling trades through the depository.

Bangalore bourse to crack down on errant brokers

The Bangalore Stock Exchange has decided to crack the whip on brokers who fail to clear their settlement dues within time. The bourse in keeping with its decision has suspended two brokers from trading with effect from June 13 for 15 days for their failure to clear settlement dues.

First sign of reaction sets in

The BSE Sensex faced resistance to rise further on Monday. The index opened at 4043, well above the closing level of 4029 on June 13 (Friday). It also gained an impressive 33 points over the opening level to post a high of 4076.It closed the day at 4029.

Dollar mixed in Europe, focus on Emu

Bonds hit by Bank of Japan's operations

10-year bonds hit all-time low

RBI may keep 7-year bond rate at 12.55 - 12.70%

Silver loses early gains; wheat hardens afresh

Corporation Bank may use online allotment for issue

Metals decline slightly in slow LME trading

Mark to market -- Movers and shakers appear weaker

Market Round up -- Call Money

Two-wheeler scrips race ahead to big gains