
Saturday, April 10, 1999
Jaya hangover lingers on; Sensex crashes 95 points
On Friday, the Sensex crashed a further 95.63 points to close below the crucial 3500 level as operators hammered stocks across the board, particularly the software scrips.
RBI announces sale of Rs 3,675-crore Government loan
The RBI, in its relentless bid to mop up excess liquidity to aid the Centre and states' borrowing programme, on Friday announced the sale of a Rs 3,675-crore state government development loan on April 21.
Political tremors rock the fancied sectors
The fluid political situation has, in one strike, taken the steam out of the post-budget outperformers. These stocks have either slipped close to their pre-budget levels or have lost substantial values from their respective post-budget highs.
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