The Financial Express -- Markets

Wednesday, August 6 1997

NSE does away with pre-opening, closing sessions for now

The National Stock Exchange (NSE) has temporarily suspended the pre-opening and the newly introduced closing session at the bourse. The decision has been prompted by the lack of interest shown by the members and due to the current satellite drift which has restricted the time available to the exchange for its trading system.

Sensex hurtles past 4,500 points, scales 34-month high

The speculative-driven rally continued for the second consecutive day with the BSE Sensex crossing the crucial barrier of 4,500 to touch a new 34-month high at 4,548.79.

Smaller bourses oppose uniform settlement

The move for a uniform settlement cycle across all stock exchanges has been stalled with representatives from smaller exchanges opposing it tooth and nail at the last committee meeting held on August 1 on the ground that it would throw them out of business.

Bullion divergent; groundnut oil edges up

Tata entry into depository via Tisco dematerialisation

Verma-speak buoys State Bank stock

Transferee badge for minors backed by guardians: UTI

Meet the new breed of market outperformers

Gail compares favourably in the top 10, say analysts

Market briefing - UTI to pay 10% on Grihalakshmi 1994

Market should sustain the rally after a small correction