Tuesday, September 15, 1998
Forward Market Commission okays cotton futures trading
The Forward Market Commission (FMC) on Monday approved futures trading in cotton proposed by the East India Cotton Association. Mock trading is likely to begin during the last week of September (navratri) which will be monitored by Fortell, consultant and expert in commodity-futures trading.
Geojit Securities expands paperless shares list to 53
In a trendsetting move, south India's largest depository participant, Geojit Securities has expanded to 53, the list of securities where its clients will be able to sell only demat shares from January 4, 1999 onwards.
Sensex rallies 84 points on the back of buying by institution, operators
Inspired by an uptrend in Asain stock markets and buying support from operators and speculators, pivotals staged a smart recovery at the Mumbai Stock Exchange (BSE), lifting the 30-scrip Sensex by 83.66 points on the first day of the current settlement.
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