The Financial Express -- Markets

Saturday, July 19 1997

Proposal mooted to make share demat agreement non-reversible

The Dhanuka committee is considering a proposal under which the "agreement" between a depository and a company for dematerialising the shares will be replaced by an "undertaking" to make the process non-reversible.

Most Nifty scrips record higher volumes in NSE over BSE

As many as 42 of the 50 scrips, which comprise the NSE-50 index, saw higher trading volumes at the National Stock Exchange (NSE) during the month of June in comparison to Bombay Stock Exchange (BSE) for the same period.

US-64 units to be dematerialised soon, says Nayak

India's oldest unit scheme US-64 will be dematerialised shortly, P J Nayak, Executive Trustee of the Unit Trust of India (UTI) told mediapersons yesterday.

New board strives to put Magadh SE back on track

Improved tractor sales drive M&M stock

Sensex plunges 69 points