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FINANCIAL EXPRESS FRONT PAGE

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Wednesday, February 24, 1999

Stock Update Forex Update

Investors pour capital gains into MFs
The section 54-EA tax break has come as a bonanza for mutual funds, who have attracted at least Rs 400 crore from this segment of investors booking capital gains.

Sensex dips below 3,300 as offloading continues
Brokers continued to offload their outstanding positions for the second consecutive day. The Sensex closed at 3,283.97 points registering a net loss of 19.92 points.

Investors scramble for KPIT backed by Birla Global
Invest or perish, appears to be the motto of those chasing software scrips. And, when a public issue comes there way, there are many who are prepared to borrow to ensure that they don't miss the bus.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  30,000 Reliance shareholders open depository account
  India Advantage corpus up 17%
  Mutual fund industry seeks tax sops
  Investors pour capital gains into MFs
  Sensex dips below 3,300 as offloading continues
  Investors scramble for KPIT backed by Birla Global
  Krone Communications
  Shares on the move
  Nse forecast
  Asian bourses end higher on Wall Street jump
  Sensex may take support at 3,212
  Philips
  Lint prices display mixed trend
  World Bank, Unctad teams to aid commodity bourses upgrade trade
  Simex unveils Libor-based euro-yen futures contract
  Minister sees birth of single Asian currency
  Market Round-Up
  Simex launches new LIBOR-based euroyen contract
  30,000 Reliance shareholders open depository account
  India Advantage corpus up 17%
  Mutual fund industry seeks tax sops
  Krone Communications
  30,000 Reliance shareholders open depository account
  India Advantage corpus up 17%
  Mutual fund industry seeks tax sops
  Investors pour capital gains into MFs
  Sensex dips below 3,300 as offloading continues
  Investors scramble for KPIT backed by Birla Global
  Krone Communications
  Shares on the move
  Nse forecast
  Asian bourses end higher on Wall Street jump
  Sensex may take support at 3,212
  Philips



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