Thursday, July 20, 2000

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This week we focus on a complete analysis of the
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RIL stake in BSES at 26.68% post open offer
Reliance Industries has garnered an additional 11.86 per cent stake in BSES via the open offer, taking its holding to 26.68 per cent. The open offer had closed on July 16, 2000.

Political tremors rock markets, Sensex dives 119 points
Panic selling during the last hour of trading shaved off 119 points from the Sensex on Wednesday. Stocks nose dived after the news of three union ministers' resignation from the BJP-led government at the Centre percolated into the market.

Buoyant paper prices to aid TNPL rise
The stock price of Tamil Nadu Newsprint and Papers Ltd (TNPL) has moved up from Rs 22 in March 2000 to Rs 36 currently. The price had hit a peak of Rs 65 in August 1999.



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