The Financial Express -- Markets

Monday, July 21 1997

Short sellers back in HDFC scrip as counter loses ground

Housing Development Finance Corporation (HDFC) is an illustrative case of how those who follow FIIs can be left in the lurch. Short-sellers were back in this counter with a big bang last Thursday and Friday on the Mumbai Stock Exchange.

Chescor ties up with Jamnadas Morarjee for offshore debt fund

Jamnadas Morarjee Finance belonging to Mahendra Kampani is setting up an offshore debt fund in collaboration with Chescor, the UK-based global fund manager.

BSE's market capitalisation catapults to 12-month high

Total market capitalisation of all companies listed on the Bombay Stock Exchange touched a high of Rs 5,41,382 crore as on June 30, 1997, the highest in the past 12 months, according to Centre for Monitoring of Indian Economy (CMIE).

Sensex downtrend to continue, may stabilise around 4,000

Is Zuari rewarding shareholders through rights?

Three Lilliputs share the honours with BoI, BoB

Tea prices rise in south, dip in north

Bumpy ride ahead for Gujarat Cycles

Overnight call rates remain easy

How politics can tame the bulls

Essar Steel's shine may last longer than the price push

Bulls ignore dematerialised segment, volumes nosedive

The rise in NAV notwithstanding, MSGF is not a good bargain

Rating watch

Decanalisation fiasco puts a break on runaway prices of sugar

Fund card -- ITC Top 200 appreciates by 26% in 1HY

Market Briefing -- Bumpy ride ahead for Gujarat Cycles

Fund update -- UTI announces 12.5% dividend for US '95