The Financial Express -- Markets

Saturday, July 12 1997

NSE broker arrested for introducing fake shares

The Mumbai police have arrested Vipul Prabhat Maheshwari, one of the promoters of Vipul Securities, who is alleged to have introduced Rs 22.19 crore worth of fake shares at the National Stock Exchange.

Sensex dips as overbought market pares earlier gains

The 30-scrip Sensitive Index of the Bombay Stock Exchange saw a technical correction on Friday following selling pressure by speculators in their bid to square up long positions. Friday was the last day of the trading settlement.

SEBI allows multiple listing of OTC scrips

The Over The Counter Exchange of India (OTCEI) on Friday got SEBI clearance to allow companies listed on the OTC to be listed on other exchanges. Earlier a company had to delist from the OTC to get itself listed on any other exchange.

ICICI: An opportunity to go short

Smart gains in bullion; urad declines

London precious metals up slightly on short covering

RBI steps in to lend dollar a helping hand

FII investment rockets to new high, touches Rs 1,300 crore