The Financial Express -- Markets

Thursday, June 19 1997

NSE softens stand on members indemnity bond

The National Stock Exchange may allow its members not to furnish an indemnity bond provided they go in for compulsory pre-verification of all the deliveries that they make at the exchange. The exchange is also considering a modification in the terms of the indemnity bond to cover only those defaults which occur as a result of introduction of bad paper into the system.

BSE mulls separate clearing house for gilts trading

The Bombay Stock Exchange plans to set up a separate clearing house jointly with State Bank of India for trading in the government securities (Gilts). The Reserve Bank of India had suspended gilts trading on the exchange in the wake of the 1992 securities scam.

Personal guarantee to isolate unscrupulous brokers

While NSE brokers are up-in arms against the personal guarantee fiat by the exchange, the NSE top brass is of the opinion that the move will help identify unscrupulous brokers.

Sensex scales 52-week high

Japan trade surplus to drag dollar

Market signals sell for short-term traders

BSE outlines procedure to detect fake shares

Polyester yarn looses further ground; sugar gains

Hongkong Bank to replace SBI as BSE custodian

Easun flares up on bonus expectation

Bullion static, platinum group slips in Europe

HLL's weight hops past 13%

Executive Briefing -- SBI custodial unit fails to pay NSE

It's boom time on HSE as turnover touches pre-scam levels

Japanese bonds end lower

Mark to market -- Dividend yield still does the trick

Market round-up

NSE suspends Topaz Securities

Inflation fears pull down Dow