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Thursday, August 12, 1999

Forex Update

25 more stocks in BSE's Z category
The Bombay Stock Exchange (BSE) has announced that 25 more scrips will be placed in the recently formed Z group this month for not complying with and breach of several provisions of the listing agreement.

Ex-bonus, Satyam sees renewed buying
Satyam Computers and Pentafour Software have turned attractive again after going ex-bonus. Ex-bonus, these stocks are among the few low-priced software stocks on the bourses.

Sebi disposes complaint against Calcutta Chemicals
The Securities and Exchange Board of India (Sebi) has disposed of a complaint over the fixation of minimum offer price of shares of Calcutta Chemicals Ltd in a case of substantial acquisition of shares.


Corporate Results


  Gold moves sideways in early European trading
  Commodity Briefing
  Asian currencies feel the heat as spectre of US rate hike looms
  Market Round-up
  Rajmash improves on short supply; sunflower oil dips
  Global float rumours perk up HCL Info
  Name change holds key to Nirma's prospects
  UGS-10000 raises exposure to engineering stocks
  Market shrugs off border tension; Infosys Tech back in the limelight
  Bonus rumours, growth plans propel Dr Reddy's
  Market Briefing
  Auto sector revival set to fuel rally in GKN Invel
  Bajaj Tempo plans rights issue at Rs 100



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