The Financial Express -- Markets

Sunday, May 11 1997

Badla ratedown to 8%

Badla rates moved in the range of 7 to 8.5%. Last week, the rates were hovering around 12%. Hero Honda attracted a backwardation charge of 55.34% to carry forward a net position of 4,550 shares.

Infrastructure Bond Issue

BSE online expansion may be delayed by a week

The Bombay Stock Exchange On Line Trading system operation outside Mumbai is likely to be delayed by another one week. The reason, according to exchange president MG Damani, is because of the differences of opinion between officials of department of telecommunications and the Telecom Regulatory Authority of India.

Reliance Ind paper garners Rs 175 cr

The Rs 100 crore five-year paper of Reliance Industries Ltd, the first pure debt offering by the corporate which opened on Friday, garnered over Rs 175 crore. The issue will be closed on Monday. The RIL paper, which carries a coupon of 14.5% was largely picked up by banks, financial institutions and mutual funds. The five-year paper has a bullet maturity with no call and put option offered.

Trading in demat ICICI scrips surge on NSE, Reliance in tow

SEBI caveat to BSE on Jyoti Resinsauction proceeds

Sugar, edible oils and bullion higher

Money market mutual fund yet to catch investors' fancy