Scrips trade at attractive yields: The turmoil in the stock market has thrown open opportunities in stocks which are trading cum-dividend on the bourses. On the BSE, as many as 18 such scrips are currently trading at yields in the region of 17-10 per cent. As the prices are dipping by the day, the yield on these scrips is also going up. On an average, this yield will accrue to the investors within the next three months, that is on the record date (which could even be fixed earlier giving the investors an even higher yield).

Raymond board meet: The board ofdirectors of Raymond Synthetics will meet on June 30 to consider inter alia and take on record the audited financial results of the company for the year ended March 31, 1998.

Unichem Labs board meet: The board of directors of Unichem Laboratories will meet on June 27 to take on record the audited accounts of the company for the year ended March 31, 1998.

Udaipur Phosphates board meeting: The board of directors of Udaipur Phosphated & Fertilisers will meet on June 26 to consider and approve the audited accounts for the year ended March 31, 1998.

FM meets investor forum: Finance minister Yashwant Sinha on Tuesday assured a delegation of the Investors' Grievances Forum that he would take some drastic steps to safeguard the interest of the investors and revive the capital markets from the doldrums. He said that he had already directed Sebi to formulate schemes to safeguard the interest of small investors for the healthy growth of capital market.

CSE shares end down: Pivotalsmoved in a narrow groove at the Calcutta Stock Exchange on Tuesday, reflecting a mood of caution among participants. The 40-share CSE Index closed at 1,738.12 points, touching a high of 1,792.88 points during the day. Reliance finished lower at Rs 139.30, Tisco at Rs 120.90, SAIL at Rs 9.90, L&T at Rs 213.50 and HLL at Rs 1,412.90.

DSE Index slips 11 points: Equities ended lower on the Delhi Stock Exchange on Tuesday following profit-taking by operators and poor buying support by domestic financial institutions. However, stock prices clawed back a little before the close of the session. The DSE Sensitive Index fell by 10.70 points to settle at 681.33 points.

MSE Index recovers 25 points: Select scrips staged a modest recovery at the Madras Stock Exchange on Tuesday following fresh buying support. The MSE Share Price Index settled at 3,678.94 points, up 24.92 points. ITC closed at Rs 625.35, losing Rs 5.30 over the previous close. Reliance recovered to close at Rs 139.20, L&T at Rs220.

Demat turnover at Rs 6 cr: A total of 2.68 lakh shares valued at Rs 5.95 crore changed hands in the demat segment of the NSE and BSE on Tuesday. On the NSE, 58,676 shares of L&T valued at Rs 124.87 lakh changed hands. The BPCL counter saw 22,000 shares trade, SBI saw 60,366 shares valued at Rs 122.37 lakh change hands while the Reliance counter saw 30,199 shares trade. On the BSE, only 150 shares of L&T changed hands.

OTCEI shares slip slightly: Equity prices declined marginally in lacklustre trading at the OTCEI on Tuesday. The OTCEI Composite Index opened at 114.45 points and eased slightly to close at 114.33, losing 0.12 of a point over the previous close.

Skindia Index sheds 4.63%: The Skindia GDR Index dropped by 4.63 per cent from 599.46 to 571.72 on June 22. The Skindia GDR Index p/e ratio was 13.64 on June 22 compared with 14.06 on June 19. The top gainers were Telco (Ist), Telco (2nd) and Hindalco which quoted at $4.50 ($3.70), $4.50 ($3.70) and $13.20 ($12.75). Losersincluded Indian Hotels, State Bank of India and Indo Gulf.

KL stocks end flat: Stocks ended mostly around overnight levels on Tuesday in thin uninspired trading despite the rebound of the ringgit, dealers said. Lingering doubts about the yen's stability was a chief concern, they said. At the close, the Kuala Lumpur Stock Exchange's key Composite Index was down 0.36 of a point to 457.25.

Call rates end at 7.75%: The overnight rates opened at a 8-8.5 per cent on Tuesday, compared with their previous close of 7.25-7.50 per cent, owing to heavy demand for funds and constrained supply, dealers said. Later, due to better availability of funds, the rates eased to finally close at 7.50-7.75 per cent. Most deals were struck at 7.65-8 per cent.

Rupee touches new low of 43.05: The spot rupee breached the 43 mark on Tuesday to touch a new low of 43.05 against the dollar. It reacted to finance minister Yashwant Sinha's statement that the Reserve Bank of India (RBI) will not use its reserves toprop up the rupee. The rupee opened at 42.85/90 and immediately weakened to 42.95. At this point, panic-driven import covering saw the rupee fall past the 43 mark.

Silver improves, gold unchanged: Silver prices improved moderately while gold held steady on Tuesday. Ready silver of .999 fineness and tenderable silver improved by Rs 5 each to close at Rs 7,905 and Rs 7,910 respectively. Standard gold and 10-tola gold bar of .999 purity ended unchanged at Rs 4,275 and Rs 50,200 respectively on restricted activity.

Sugar prices divergent: Prices displayed a mixed trend on the local wholesale sugar market on Tuesday with medium sugar quality M-30 improving on fresh stockists' demand and small sugar quality S-30 easing on poor offtake. Small sugar S-30 closed at Rs 1,450/1,463 (Rs 1,450/1,468) and medium sugar at Rs 1,470/1,505 (Rs 1,465/1,500).

Oilseeds prices slip: Prices turned weak on the local oilseeds market on Tuesday in the absence of any fresh buying interest. In the ediblesection, groundnut oil declined by Rs 2 to close at Rs 468 while groundnut bold held steady at Rs 2,040. Imported palm oil dropped by Rs 2 to settle at Rs 376 on fresh arrivals. Castor oil commercial reacted by a rupee to close at Rs 323.