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Saturday, August 28, 1999

Forex Update

BSE board drops 10 scrips from specified group, trims list to 140
The Bombay Stock Exchange has retained 17 out of the 27 scrips which were promoted to the A group recently. At the end of a marathon meeting of the BSE governing board which lasted for over six hours on Friday, the exchange decided to exclude 10 scrips.

BSE turnover overshoots NSE's
Friday fury continued for the third week in succession on BSE. At Rs 2552.50 crore, on August 27, the total turnover on the BSE was Rs 494.5 crore more than the NSE's Rs 2058 crore.

Prudential ICICI Tax Plan reopens
Prudential ICICI Tax Plan, which has reopened for subscription from August 23, has recorded a net asset value of Rs 11.58. Since its initial public offer on August 9, it has provided an absolute return of 15.8%.


Corporate Results


  Dhanasmriddhi to go open-ended
  London gold moves towards $255 with Asian demand
  Market Round-up
  GIC D'Mat declares 10 per cent dividend
  Alliance Mutual Fund assets cross Rs 1,000 cr
  Zenith Global to tap capital market
  Market Briefing
  Vashisti offers immense scope for capital gain
  Markets get set to cross 5000 points hurdle
  SQL Star's undisclosed bulk allotments cause consternation



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