The Financial Express -- Markets

Monday, November 24 1997

Currency speculators train guns on spot dollar

Speculators in the foreign exchange market who had so far remained confined to the non-delivery forward (NDF) segment have now shifted focus to the spot market.The Reserve Bank of India is likely to intervene in a large dose to keep the speculators away from the spot market.

Dematerialisation up 20% in 22 companies

The level of dematerialisation as a percentage of the floating stock of a company has exceeded 20% in 22 companies. This revelation forms part of a study conducted by leading foreign financial institution, ING Barings (and updated by The Financial Express on data provided by National Securities Depository Ltd).

Domestic rubber prices in a tailspin

Falling international prices of natural rubber have had a severe impact on domestic prices and the ruling market price of Rs 32 per kg ex-Kottayam (as of November 10, 1997) is almost 60 per kg lower than the average price of Rs 49 per kg for RSS 4 grade in 1996-97.

Dematerialisation up 20% in 22 companies

Currency speculators train guns on spot dollar

Domestic rubber prices in a tailspin

Limited scope for capital appreciation in IndusInd

Can ICICI strike a bond with low interest rates?

Rating Watch -- Tata Yodogawa's FD rating reaffirmed

The market should gather strength in the coming weeks

Finance companies top the list of missing IPOs

Sweet dreams turn sour for sugar producers

Politics apart, buy signals emerge from the market

Gur control order likely to be lifted

How the Sensex stayed afloat in a fluid state

There's little political downside after the party

"Stock markets are sitting on a huge potential"

Prima puts agonising past behind