
Saturday, November 28, 1998
UTI garners Rs 1,400 cr from assured return plans
The Unit Trust of India (UTI) has mobilised a staggering Rs 1,400 crore through its two assured return schemes, the Monthly Income Plan (IV) and the Institutional Investors Special Fund Unit Scheme (IISFUS) (II) '98.
Sensex may hover around 3,300 points by March '99
The Indian stock market has been setting its foot on one land mine or another from time to time. This time around a political land mine blew up in the bourses during the week. Poll predictions pointing to BJP taking a beating led to a sell off in the markets.
S&P move pushes Sensex below 2,800 points
The fears on the political front and S&P's revision of India's four leading financial institutions' rating saw the Sensex receiving yet another blow. BSE Sensex on Friday closed below the psychological barrier of 2800.
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