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FINANCIAL EXPRESS FRONT PAGE

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Tuesday, March 2, 1999

Stock Update Forex Update

ICICI's future bond issue to be in demat mode only
Term-lending institution ICICI Ltd is planning to float all debt issues from the next fiscal only in the demat mode with a facility for the investors to seek the rematerialisation option.

Market gifts 124 points more to finance minister
Budget bulls returned to the market after a day's break pushing the Sensex up by another 124 points. The budget score so far on the market is 291 points, not out.

US-64 negative reserves up at Rs 2597 crore
The country's biggest mutual fund scheme, US-64, has reported negative reserves of Rs 2,597.46 crore for the half year ended December 1998, compared to negative reserves of Rs 1,098.49 crore at the end of June 1998.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  Icra assigns LAA(SO) rating Rs 1,350 cr state irrigation bonds
  Rupee may stage rally, forwards set to come down
  Bond prices flare up on kerb market
  US-64 tops table after budget prop, rate cut
  Scramble for listed equity funds
  Open-end equity schemes likely to pay dividend
  26 companies vanish with Rs 158 crore
  Surcharge to affect low-equity firms' EPS
  Floating Stock
  Shares on the move
  Commodity briefing



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