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FINANCIAL EXPRESS FRONT PAGE

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Saturday, February 13, 1999

Stock Update Forex Update

Indian pepper dips on ample supplies
Pepper prices have begun to decline sharply during the last few weeks on increased arrival of the new crop and expectations of a record production, industry officials have said.

Sebi asks BoR to disclose Tayals' holdings
The Securities and Exchange Board of India has asked Bank of Rajasthan to declare the total equity holdings of Tayals who had recently nominated five directors in the bank. The bank has planned a Rs 67 crore rights issue at a premium of Rs 5.

Icra assigns highest safety rating to HCL Infosystems debt programme
Icra Ltd has assigned `A1+' ratings to HCL Infosystems Ltd's (HCLI) commercial paper (CP) programme and short-term debt programme of Rs 10 crore each. The ratings, ICRA said, indicated the highest safety with the prospect of timely payment of debt at its best.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  Sensex rides high on pharma, IT stocks
  Prudential-ICICI stays ahead in FMCG race
  Market Briefing
  Floating Stock
  Capital goods stocks see buying interest
  EICA kicks off trading in June cotton futures
  Calcutta tea prices show declining trend
  Kothari Pioneer's Prima Fund turns bullish on auto sector
  "Take stock before you take off"
  European shares soar on resurgent Wall Street
  High-premium KPIT issue looks unattractive
  Silver zooms by Rs 135/kg on NY advices; sugar dips
  GTB reduces depository charges
  Bank of Japan cuts short-term rates
  KSEB floats Rs 350cr non-SLR bond issue
  Fundamentals are against rate cut
  Morgan Stanley unlikely to go open-ended
  Market Round-up



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