The Financial Express -- Markets

Thursday, December 11 1997

Short-term interest hike pushes one-month forwards to 9.10%

On Wednesday, one-month forwards closed at 9.10% (annualised) while six-month forwards at 8.45%. The 65 basis points rise than six-month forwards has come about after the Reserve Bank of India governor Bimal Jalan hiked short-term interest rates in the money market to curb speculative activity in the foreign exchange market.

NSE joins CII, to provide inputs to policy makers

The National Stock Exchange (NSE) has become a member of the powerful industry chamber, Confederation of Indian Industry (CII). The exchange, by virtue of this move, will play a crucial role in providing necessary inputs to the policy makers.

Madras Stock Exchange to set up in-house clearing system

The Madras Stock Exchange has decided to go in for a in-house clearing system. The clearing house is likely to become operational from April 15, 1998 and will be the first step towards the setting up of a trade guarantee fund.

Short-term interest hike pushes one-month forwards to 9.10%

Silver prices shoot up on higher overseas advices

RBI intervention vital to curb chaos in forex market

Wait and watch before getting into buy mode in the market

Mark to Market -- Advani Oerlikon

NSE joins CII, to provide inputs to policy makers

IDBI MF suspends sales under Plan A of Deposit I-Nit '97

Bearish sentiment prevails in Asian stock markets

Madras Stock Exchange to set up in-house clearing system

Sensex slips 44 points on funds selling

Market Round-up -- Call Money

NSE must seek limited-purpose bank status for clearing corporation

Weakening won drags other Asian currencies down

S Korean financial woes deepen; markets dismiss govt measures