Sunday, June 13, 1999
Carryforward rates rule firm, settle at 15.3%
Carryforward rates ruled firm on the Bombay Stock Exchange yesterday and touched an intra-session high of 19% before settling around an annualised rate of 15.3%.
FD investors shift from NBFCs to manufacturing firms
The small investor will now have to choose between the highly liquid mutual funds and fixed deposits of top manufacturing companies as investment in fixed deposits of NBFCs is not at all lucrative.
Skindia GDR Index inches up 1.10 per cent
The expectations of removal of sanctions by the US and the tensions at the Kargil front played the balancing act in the GDR market during the week ended June 10. The Skindia GDR Index gained a modest 8.39 points, a gain of 1.10%.
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