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FINANCIAL EXPRESS FRONT PAGE

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Thursday, February 18, 1999

Stock Update Forex Update

GIC steps up market investments
The General Insurance Corporation (GIC) has stepped up investments in the domestic capital market in the last few months and it now amounts to 5% of the company's investible resources of Rs 18,000 crore.

Crisil rates Nalco's Rs 644 cr debenture programme AAA
The Credit Rating Information Services of India Ltd (Crisil) has assigned an 'AAA' rating to Nalco's Rs 644 crore non-convertible debenture (NCD) issue.

Food stocks turn tasty on FMCG flavour
Food processing stocks are seen as a close substitute to FMCG scrips, now perceived to be overvalued.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  Rains threaten Indonesia cocoa output
  AWF boosts Australia sorghum forecast to 1.77 mt
  Market Round-Up
  GIC capital market investments touch Rs 18,000 crore
  Nalco's Rs 644 crore NCDs rated Triple A
  Bourse business hits a new pitch on renewed buying spree at IT counters
  Pentafour bulls see surge in earnings
  Expect a weak market; short-selling likely at several counters
  Gujarat Ambuja - Buy on decline
  CSDL plans novel trade-settlement system
  Electronic system for corporate benefits
  SHCIL, Corporation Bank unveil new loan product for demat investors
  Debt issues constitute 94% of market mobilisation
  Stock-lending rates dip in second session
  Indian Shaving - Pre-result volatility
  IDBI Bank's public issue sails through
  White metal suffers by Rs 310/kg on New York advices
  Tele stocks ringing again
  "India to achieve record agro output"
  TCI touts the GreatTaj Tour to IETF delegates
  Market brieing



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