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Saturday, May 15, 1999

LIC Housing Fin may look up on higher demand
A last-quarter surge in income has bolstered the earnings of LIC Housing Finance (LICHF). An improvement in the spreads in the face of a reduction in lending rates also helped the housing finance company.

Aftek looks unattractive on market operator's entry
The shares of Mumbai-based Aftek, whose name was coined from the words `affordable' and `technology' -- signifying the company's philosophy of "making advanced and modern technology affordable to the end user".

Don't follow foreign funds blindly, tread cautiously
W Trucker, the famed mathematician, would have very much enjoyed extending his game of Prisoner's Dilemma to the players in the Indian stock market on Friday.





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