The Financial Express -- Markets

Sunday, July 27 1997

Carry forward rates on BSE decline as bulls clean up books Carry forward rates on the Bombay Stock Exchange (BSE) showed a marginal decline to close at 19% (annual) or 1.6% monthly for the week ended July 25.
GDR markets remain firm, index gains 3.31% Undertone on the global depository receipt (GDR) markets remained firm, despite the political uncertainities. After moving sideways for most of the week, the GDR index shot up on July 23 to touch a high of 79.64 points.	Gold, silver move up; groundnut oil edges down Gold and silver prices spurted on the back of rally in the world market. Standard gold rose by Rs 30 at Rs 4,550 per 10 gm. Gold .22 carat lifted up by same margin at Rs 4,210 per 10 gm. Prices of gold biscuit (116.50 gm.) shot up by Rs 300 higher at Rs 53,200 per piece.

Carry forward rates on BSE decline as bulls clean up books