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Tuesday, October 13, 1998

Stock Update Forex Update

SEBI meet to stress on better market surveillance
The Securities and Exchange Board of India (Sebi) has convened a meeting of the stock exchanges on Wednesday to discuss ways to improve surveillance of markets and check manipulation of share prices.

Uncertain interest-rate outlook led to fall in gilt' trading: Report
Trades in the government securities market fell to Rs 82,918 crore in the first half of this fiscal from Rs 85,579 crore in the comparable period of 1997-98, according to Credence debt market review.

Central bank to elicit net-asset value details
The Reserve Bank of India is in favour of restructuring the US-64 scheme of the Unit Trust of India. The central bank has decided to call upon the mutual fund major to furnish relevant information.


The National Stock Exchange of India (NSE)

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  Brokers' earnings seen weak, job cuts loom large
  Commodity Briefing
  Two Net firms origins seen enticing investors
  Liffe cocoa needs upward thrust, say analysts
  Trading in futures for a rainy day gains ground
  Asian palm oil seen extending losses
  Australian grain prices appreciate further
  Market Round-up
  Precious metals recover, groundnut oil improves
  Cardamom prices touch Rs 670 a kg at auction
  Sinha pins blame on vested interests for US-64 imbroglio
  State Bank hammered to 35-month low; GDR quotes at 25% premium
  Market gives a thumbs down to high IT earnings
  Negative perception drags bank scrips down
  US-64 redemption not much, says Nayak
  Asian stock markets surge on stronger yen
  Sensex may find support at 2,850 points
  Buying by FIs props up Archies' Greetings scrip on bourses
  NSE sets up panel on trade-related issues
  Market Briefing
  BHEL turns attractive
  Will SEBI chairman's order queer the pitch for Girnar Fibres?
  Reserve Bank floats a sinking fund to cover resurgent bonds' exchange risk


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