The Financial Express -- Markets

Thursday, November 13 1997

Sensex tumbles 90 points as foreign funds turn sellers

Panic-selling in the absence of institutional support saw the BSE 30-share Sensitive Index plunge below the 3,700-mark to close at 3,633.18, registering a net loss of 90.22 points or 2.42% over its previous close. The exchange recorded a turnover of Rs 677.40 crore, with the A group contributing Rs 658.59 crore.

OTCEI wholesale debt segment set to go online by next month

The Over the Counter Exchange of India (OTCEI) is planning to put its wholesale debt segment online by the first week of December. This will be a separate segment which will be called the National debt segment and will comprise debt instruments like government of India securities, PSU bonds and corporate debt instruments.

Applications must furnish bank account numbers: Unit Trust

The Unit Trust of India (UTI) has decided to make it mandatory for investors to furnish their bank account numbers at the time of applying for its schemes. The move, aimed at curbing the growing instances of fraudulent encashment of cheques, will be introduced with the Monthly Income Plan (V) (MIP-V), slated for launch this month.

Rupee crashes to 21-month low at 36.76; RBI tries $400mn adrenaline shot

MTNL GDR issue on course, says Centre

Poly yarn remains bearish; castor futures improve further

Crash in gold prices seen as central banks offload reserves

Bank of India stock quotes below offer price on poor results

Tyre scrips remain deflated on downhill roll

50% cash stocks not traded on BSE in October

Jardine Fleming MF unveils India Bond Fund

Sensex heavyweights give way under spell of liquidation

Crisil puts Usha Martin, Usha Beltron under "rating watch"

Asian currencies stay on course as won holds

Fed to hold US rates steady amid Asia fallout

Sensex tumbles 90 points as foreign funds turn sellers

Applications must furnish bank account numbers

OTCEI wholesale debt segment set to go online by next month

Market round-up -- Call Money