Tuesday, September 7, 1999
Bulls back, push Sensex up 123 pts
Breaking a four-day fall, stock markets made a sharp turnaround on Monday as speculators came back with a vengeance and pushed up the Bombay Stock Exchange Sensex by 123 points.
SEBI for foreign individuals on SEs
With the stock markets nudging the magical 5000 mark, but not quite touching it for well over a week now, the market regulator Securities and Exchange Board of India (SEBI) has stepped up its efforts to find fresh buyers with deep pockets.
India not ready for Y2K, warns Warburg
Warburg Dillon Read warned investors on Monday that Indonesia, India, China and Thailand were ill-prepared for the millennium bug, and said Hong Kong and Singapore were most ready in the region.
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