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Sunday, December 6, 1998

Stock Update Forex Update

Badla rates hover around 11% on Mumbai bourse
Carryforward rates on the Bombay Stock Exchange (BSE) for the week ended December 4 came down slightly from the previous week to hover around 10.8% to 11.2% annualised, compared with 12% to 13% in the previous week.

Skindia GDR Index up a tad to 535 points
Confusion over the Insurance Regulatory Authority (IRA) bill continued to see the GDR market makers adopt a wait & watch policy. The Skindia GDR index registered a minor gain of 0.96% to close at 534.95 points on December 3.

Government set to clear decks for national commodity exchange
National Commodity Exchange, if set up, would revolutionise the commodity futures market in the country and organise trading of all permitted commodities, said NN Mookerjee, secretary, department of consumer affairs.


The National Stock Exchange of India (NSE)

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Patel Roadways Limited


  Thirty two summers later, cotton traders step into futures' arena


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