
Saturday, October 24, 1998
Steps needed to make economy robust
While everyone is praying and hoping that Somewhat 2055 will see the Sensex rising up from the dumps, it is increasingly becoming clear as to who held the key to market recovery. The Indian market has now refused to dance with the rest of the stock markets in the world.
Go for index funds to earn decent returns with lower risk
At last, we have an index fund. The Unit Trust of India launched the first domestic index fund called Master Index Fund in June, 1998. The fund opened for fresh sale and repurchase on October 1, 1998.
Look forward to a rally if Sensex crosses 2,850 points
On Friday, the BSE Sensex closed at 2784 points. The index lost a close to 64 points as compared to the close of the previous week. The week saw some dull trading as most of the market participants chose to remain away from trading as the festival season is in progress.
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