The Financial Express -- Markets

Sunday, June 22 1997

Badla rates hover around 18 per cent Carry forward rates on the Bombay Stock Exchange hovered around 18% to 21% on an average for the third consecutive week, with a net quantity of 52.22 lakh shares.
Zinc prices touch seven-year high on speculative buying World zinc prices pierced a key psychological barrier on Friday to hit their highest for nearly seven years as speculators bought heavily on dwindling world stocks.	Poly yarn rallies; gold slips further; grains subdued Polyester yarn price recovered on the yarn market. Nylons were weak. Following improved Surat reports the bearish trend in polyester yarn were halted and the prices looked up selectively.
172 scrips shifted to B1 group

Badla rates hover around 18 per cent