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Saturday, November 21, 1998

Stock Update Forex Update

Warburg reports Concor share deal
Warburg Dillon Read, the global co-ordinator appointed by the Indian government, for conducting the disinvestment proceeds of Container Corporation of India's (Concor) issue, reported the deal of 9 million shares, on the Bombay Stock Exchange on Friday.

RIL holds ground on buying by brokerage houses
Amidst shrinking volumes and lacklustre trades in the market, Reliance Industries' stock continued to trade on a firm note despite heavy sales pressed at every rise.

ISE to construct 60-scrip trading index
The Inter-connected Stock Exchange (ISE) which plans to kick-off operations by the last week of December is working on formulating an index for the exchange which would comprise of 40-60 scrips to be christened as the ISE-Index.


The National Stock Exchange of India (NSE)

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Patel Roadways Limited


  Nepal vanaspati poses threat to domestic products
  De Beers targets Hong Kong, China with $10-million marketing blitzkrieg
  Leather exports recover marginally
  Tocom palladium ends mixed, gold lower on yen rise
  Asia crisis, import curbs hit Pakistan exports
  Japanese zinc demand to sink deeper
  Cardamom prices continue to soar in Mumbai
  Asian diesel prices headed for 12-year low
  EU clamps duties on stainless steel exports to Europe
  Use of recycled aluminium can help increase metal consumption
  Tyre companies may maintain export level despite slump
  High tariffs cripple domestic wool industry
  Market Round-Up
  Panel moots sweeping changes in copra procurement
  Brazilian coffee crop estimate cut
  Asian cocoa supply tight amid crop delay
  Reserve bank puts 20-year stock on sale
  Bargain-hunters zero in on Centurion Prudence, Taurus Starshare
  Steel scrips ignore floor price move
  Arvind Mills
  Private banks want onus of reporting bank share transfer passed to acquirer
  Sensex will fall further before recovering
  Easy trend persists in cotton; bullion reacts
  ICDS likely to wind up operations soon
  Market Briefing
  Arihant Housing Fin to LCC Infotech
  ISE operation may sound the death knell for regional SEs
  Open offer for Rockwool shareholders
  KP to unveil Taxshield '99 in Dec
  Euro shares continue to rally after a surge in Tokyo


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