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Saturday, June 6, 1998

Stock Update Forex Update

NSE caps futures exposure at 3 months for now
The National Stock Exchange (NSE) has finalised its product range for index futures up to a maximum tenure of three months on which an investor would be able to take a future position. The exchange has devised three products for a start -- one-month, two-month and three-month futures.

Investment rate dip to blame for slowdown: Icra
The principal cause of slowdown in the economy has been a fall in the rate of investment, especially the non-materialisation of large investment projects, according to Investment Information and Credit Rating Agency (Icra). The rating agency further indicated that the deceleration has been due to the constraints on government's ability to raise financial resources and due to delay in the inflow of private investment in infrastructure.

Centre yet to take final view on buyback: DCA
The secretary in the Department of Company Affairs (DCA), TS Krishnamurty, reiterated that the government is yet to take a final view on the new Companies Bill, including the provisions for the buyback of shares. He further added that the buyback provisions are part of the Companies Bill of 1997, which is under the consideration of parliament.


Capexil: The Global Facilitator

Headhunter: Your career guide on the Net

A cancer patient needs help...


  Weak demand pushes down sugar; bullion firm
  Don't expect the market to stage a long-term uptrend
  State Bank of Mysore lists on BSE despite poor liquidity
  Schenectady offers Rs 57 a share to Dr Beck investors
  Wall Street recovers just before the closing bell
  Vitara Chemicals shoots into limelight on bonus expectations
  Demat turnover at Rs 10.46 crore
  Peacock Chem to make open offer for AEC India
  A-group stocks succumb to nervous selling on BSE
  Paper, cement, house withstand bear onslaught; maintain uptrend
  Commodity Briefing
  Australia copper concentrates spot market hit
  Market Round-Up
  Market Briefing
  PSU divestment to kick off with Concor in July
  Country's first passive index fund from Unit Trust of India
  Tata Twin Option corpus swells by Rs 105 cr in a day
  Japan rubber market may have weaker tone
  UTI's India Growth Fund beats Sensex
  Put money in Unit Trust's Master Value Fund with a five-year
  Nifty crashes 33 points on heavy selling by foreign funds
  Equity dilution spells trouble for Welspun
  Clear tax system seen as key for Japan investors after euro
  Grabal Alok to repay loan from issue proceeds
  NHB to raise Rs 300 cr via 7-year tax-free bonds
  FIIs pound Sensex on downgrade fears
  Fund Update

Touchwood Agrotech Pvt. Ltd.


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