The Financial Express -- Markets

Thursday, June 12 1997

AMFI plans to shed its regulatory status

The Association of Mutual Funds in India (AMFI), is considering to drop its plan to function as a self-regulatory organisation (SRO). This change of mind has come about after the top brass of AMFI visited the United States on a study tour last month.

Brokers with dual membership flay NSE move

A large number of brokers having dual membership of the National Stock Exchange and the Mumbai Stock Exchange (BSE) have criticised the proposed move of NSE to ask its members to furnish personal indemnity bonds.

Calcutta NSE members sign protest letter

Nearly 70 of the 100-plus active members of the National Stock Exchange have signed a protest letter against the NSE circular seeking personal bond from the dominant shareholders/ partners in favour of National Securities Clearing Corporation Ltd against losses arising from introduction of fake or forged shares into the system.

Trading at a discount to market

Gold reacts; sugar improves; g'nut oil down declines

Small volumes push up price

Way cleared for SBI entry into depository

Other exchanges may take leaf out of BSE's book

Sebi leaves it to bourses

Tokyo bonds up on yen's surge

Assocham wants badla reintroduced

Canstar units shine on the bourses

China firms in HK may see downside

Market round up -- Call money

UK gilt futures steady