The Financial Express -- Markets

Tuesday, July 1 1997

Money flow ensures Sensex rise

The influence in the market for the last one week has been less of speculation and more of genuine buying. This might sound surprising given that the average badla rates rose to two per cent a month, but at the same time brokers reported a fall in badla volumes by nearly one third and an increase in volumes for delivery.

Delhi bourse plans Rs 100 cr trade guarantee fund

The board of directors of the Delhi Stock Exchange (DSE) has given an in-principle approval to the setting up of a Trade Guarantee Fund (TGF) with a corpus of Rs 100 crore as an investor protection measure.

Sub-brokers' registration norm takes effect today

The Securities & Exchange Board of India's (SEBI) requirement of dealing only with registered sub-brokers comes into effect from July 1. The unrecognised brokers will not be allowed to carry out any further business and transfer deeds bearing their stamp will be treated as bad delivery.

Unit Trust retains dividend on US-64

ICICI Bank issue priced at Rs 25 premium

Mukand Engineers net leaps to Rs 5 cr, to pay Rs 2 a share

Hong Kong dollar seen unchanged by handover

Trader's Choice

Asian markets take HK handover in their stride

Poor demand sends soyabean crashing

Hudco scores over MIP (III) with easy liquidity

Call Money

Apple Mutual Fund records impressive rise in NAV

Spot dollar

Room for long-term growth