The Financial Express -- Markets

Friday, August 8 1997

BSE nod for revision in Reliance debt book closure

The Bombay Stock Exchange (BSE) has okayed the revision in the book closure of J and K series debentures sought by the Reliance Industries. The high interest outgo in the new interest regime has perhaps prompted Reliance to redeem both J and K series debentures.

HDFC Bank to clear settlements for OTCEI

HDFC Bank has been appointed as the clearing bank for the Over-the-Counter Exchange of India (OTCEI). In January, the National Stock Exchange (NSE) had appointed HDFC Bank as its clearing bank. At present, HDFC Bank handles around 25% of the total volume on NSE.

Goud fills 4-month void at Stock Holding Corporation

Over four months after the R. Chandrasekharan relinquished office, the Stock Holding Corporation of India (SHCIL) board yesterday appointed B V Goud, chief general manager at Industrial Development Bank of India (IDBI) as the new managing director of the country's biggest custodian.

Market round-up -- Call Money

Rumours on centre fate trip index climb

Behind the screen

Spurt in Sensex shakes up equity funds in stupor

Dollar remains steady

Gilts yield high returns between 1994 and 1997

Gold, silver recover early loses; ginger spurts

Three CSE members declared defaulters, 8 more to follow soon

Price Waterhouse sketchesself-regulatory plan for RAIN

Next support could emerge at 4,392 level

Reliance hogs limelight as Sensex slips

Mark seen declining