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FINANCIAL EXPRESS FRONT PAGE

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Friday, April 9, 1999

Stock Update Forex Update

Politics plays the villain, Sensex sheds 48 pts
After rising for two consecutive sessions, the Sensex shed 48.63 points or 1.36% due to continued selling pressure from operators. The cloudy political situation led market participants to square up positions prior to the last day of the current settlement on BSE.

Hectic activity inaluminium stocks
Aluminium counters saw hectic activity . Most aluminum scrips opened on a firm note in the morning and, by afternoon, had moved up in line with the general market sentiment.

IFCI plans retail bond issue after 4 yrs
Industrial Development Finance Corporation (IFCI) is planning a retail bond issue in the current fiscal after a gap of about four years. IFCI is also planning to have a rights issue on par in June.


Inspirations furnishing fabrics


  China gas oil prices hit by smuggling in April
  Market Round-Up
  SEBI plans code of ethics for brokers on bourse boards
  HSE pulls up Satyam over board meet notice
  Reserve Bank announces auction worth Rs 3,000 crore
  US oil prices drop sharply
  Vietnam's rice market may pick up late April
  No ministry pressure to withdraw board nomination bid -- UTI chief
  Punters eye Recon on strategic equity alliance rumours
  SEBI puts move to allow new issues only in demat form on backburner
  Rs 140cr net from Infosys
  Floating Stock
  Market Briefing
  KPMF growth funds continueto outperform stock market
  Shares on the move
  Restructuring pays good dividend for Morepen Labs
  Rajma chitra spurts on paucity of stock; g'nut oil dips
  Sensex may bounce back to 3755
  Sesa Goa to remain bearish



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