The Financial Express -- Markets

Sunday, August 10 1997

Skindia GDR index zooms to touch 86.57

Fuelled by renewed buying interest in the GDR market, GDR indices zoomed to touch new highs in the week ended August 7. The Skindia GDR index crossed its earlier 52 week high of 83.69 recorded on June 20 and touched new highs three times in succession.

ATMA urges Centre to ensure parity in rubber prices

The Automotive Tyre Manufacturers Association has urged the Centre to take immediate steps to ensure parity between domestic and global prices of natural rubber or allow duty free import of 25,000 tonnes of the commodity by the rubber consuming industry.

Badla rates hover at 17%

Carry forward rates on the Bombay Stock Exchange continued to hover in the band of 15.5 to 17% (annual) on an average, for a net position of Rs 17.66 crore. Of the 71 stocks offered, only 4 stocks attracted backwardation charges.

Mixed trend in grains, pulses; silver coins flare up

Buying interest buoys Skindia GDR index