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Thursday, October 22, 1998

Stock Update Forex Update

US-64 is safe, says survey
Unit Trust of India's US-64 scheme has been considered safe by a majority of retail investors, according to a study carried out by city-based Society for Capital Market and Research and Development.

FIIs shun India, move to greener pastures
India has been left behind in the turnaround that is being witnessed in the world stock markets, including most emerging markets, registering a loss of 12%.

Kelkar discusses means to revive capital markets
Making mutual fund dividend tax free in the hands of investors was one of the means discussed to revive the capital markets during a meeting by Union finance secretary Vijay Kelkar with the trustees of Unit Trust of India (UTI), UTI sources said.


The National Stock Exchange of India (NSE)

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