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Wednesday, December 9, 1998

Stock Update Forex Update

Combined corpus of MEPs' shrinks Rs 1900 crore in two years
Even as Unit Trust of India gears for the launch of Master Equity Plan, 1999, the investible corpus of the six master equity plans (1991 to 1996) has shrunk by a massive Rs 1900 crore or 39 per cent in two years.

Investors reap Rs 3,400cr moolah from M&A boom
SEBI has culled the vital statistics of the heat and dust of the M&A boom. As many as 46 open offers have come so far in fiscal 1998-99, against 41 in the entire financial year of 1997-98, according to a study by the Securities and Exchange Board of India.

Interim dividend from KP Pension Plan
Kothari Pioneer Pension Plan, the first pension scheme in the private sector, has declared an interim dividend of Rs 1.20 for 1998-99. All investors under the dividend option as on December 14, 1998, are eligible for the payout.


The National Stock Exchange of India (NSE)

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Patel Roadways Limited


  Commodity Briefing
  Asian aluminium premiums still on the decline
  Market Round-Up
  Financial Briefing
  S&P assigns BB rating to BoI, Canara, Union, Central Banks
  G'nut oil improves further on seasonal demand
  Magadh SE supersession term extended by a year
  "Jan 16 RBI action unlikely to be repeated this time"
  Sensex rallies further on the back of pharma and infotech stocks
  FIIs remain net sellers
  "Derivative trading in Indian shares developing abroad"
  NSE Forecast
  "Depository participants need to pull all stops out"
  Market Briefing
  Sensex has no resistance uptil 3,035
  Indian Rayon
  Former Soviet economies grapple with a problem of falling currencies


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