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Corporate Economy Expressions Markets Leisure 03 January, 1998   OTC makes trading in gilts free for members Members of the Over The Counter Exchange of India (OTCEI) have received a windfall from the exchange. The OTCEI has offered its members free membership for trading in government securities instead of charging a refundable fee of Rs 15 lakh, which it is levying on dealers wishing to trade in the segment.   Unit Trust may unveil maiden open-ended debt fund The Unit Trust of India (UTI) is contemplating the launch of its first open-ended debt fund. UTI is considering this move as the lack of an open-ended debt fund is the only gap in its family of funds, as all of its other funds are close-ended ones. UTI MIP (V) mobilisation surpasses Rs 500cr target The Unit Trust of India's (UTI) last monthly income scheme of 1997, MIP (V) has managed to cross the Rs 400 crore mark. The UTI is confident about the figure even crossing the Rs 500 crore mark. 100 cash-group shares attract NSE circuit filter on speculative buying Cash group stocks continued to move up steadily on the local bourses for the second consecutive day amidst speculative purchases, albeit with lower volumes. On the National Stock Exchange (NSE) alone, over 100 stocks attracted circuit filters at the higher level.   Sensex pierces 3700 points on funds buying Led by Tisco, pivotals rose further on the Bombay Stock Exchange (BSE) on Friday. This pushed the Sensex past the 3,712-resistance level on fresh buying by speculators as well as financial institutions (FIs). Shree Cements sees 18% shares dematerialised in four days Shree Cements and Krishna Filaments have seen 18% and 8.21% of their equity shares dematerialised in four days. This is a remarkable feat considering that even big companies are witnessing a sluggish growth in the number of shares dematerialised.     NBFC stocks remain cold to Reserve Bank's regulatory norms   Stock prices of market leaders mirror loss of investor faith   UTI MIP (V) mobilisation surpasses Rs 500cr target   Asian stock markets nurse New Year hangover   Recovery hopes spur demand for paper stocks   Precious metals decline steeply on overseas advices; castor futures up   Improved performance infuses life into Aryan FineFab scrip on BSE   Unit Trust may unveil maiden open-ended debt fund   Sensex pierces 3700 points on funds buying   Shree Cements sees 18% shares dematerialised in four days   OTC makes trading in gilts free for members   100 cash-group shares attract NSE circuit filter on speculative buying   Corporation Bank   Market Round-up   Irish markets thin as ailing punt eyes dollar downside   NBFC scrips stay cool to guidelines   Kenya shilling down amid fears of unrest