The Financial Express -- Markets

Thursday, December 25 1997

Sensex skids 33 points on back of dull trading

The stock market made a strong recovery towards the end of trading after opening on a weak note, on support from local funds and some select purchases by a few foreign funds. Trading was quite dull, however, with the BSE Sensex dropping to a low of 3,549 points. It recovered to touch a high of 3,616 points before settling down to a close of 3608, a 33-point fall over yesterday's close.

NSE members mull legal action over stamp duty issue

The Association of NSE Members (ANMI) plans to approach the revenue minister if their plea regarding stamp duty payment on all transactions is not heard by the stamp duty office. The association is also contemplating legal action if required.

LIC fund faces gap in Dhanvarsha plans

LIC Mutual Fund has once again fallen into the promise-return trap afflicting the mutual fund industry. This time around, the fund is facing a huge gap in its Dhanvarsha (4) and (5) schemes, and the asset management company will have to fork out substantial funds to honour the commitment.

Pune Stock Exchange suffers Rs 5-lakh loss

Silver rises sharply, crosses Rs 8500-mark; g'nut oil bounces back

Prices of pulses jump to Rs 800 a quintal

Neither bullish, nor bearish, market is merely cautious

Mark to Market -- Marketmen make a beeline for Castrol

14 group A stocks rally around profit-takers

Sensex skids 33 points on back of dull trading

Caspian kicks off direct-broking operations

NSE members mull legal action over stamp duty issue

LML scrip rockets on dividend hopes

LIC fund faces gap in Dhanvarsha plans

MRF, Grasim to enter commercial paper market

Market Round Up -- Call Money