State Bank awaits US nod to hawk Resurgent bonds
SBI has not yet received the green signal from the Securities Exchange Council (SEC) to sell the Resurgent India Bond in the US. If it does not come through by the next seven days, the SBI will not be able to market the bond in the US.

NSE, depository seek compulsory paperless trading for investors
The success of compulsory demat trading with regard to financial institutions has prompted the National Securities Depository Ltd (NSDL) to approach SEBI to make the same mandatory for individual investors as well.

PFC to mop up Rs 150 cr through tax-free bonds
State-owned Power Finance Corporation (PFC) will soon raise Rs 150 crore through tax free bonds as part of its Rs 2000 crore borrowing programme in the Indian and foreign markets for the year 1998-99.

  Vietnam cashew sector in a crisis
  Asian coffee prices seen weakening
  Japan traders take mixed view at Russian talks
  Indonesian tender pushes up Thai sugar premiums
  Undercurrent may remain bearish
  GIPCO lives up to market expectations
  Market Briefing
  Sensex bounces back 82 points on shortcovering by speculators
  S&P CNX indices likely to serve as benchmarks for derivatives trading
  Sun F&C Value Fund NAV rises 20% as value-investment strategy pays off
  Market heads for Telco despite poor results
  BSE card sells for Rs 90 lakh
  Upward trend may continue
  IFCI likely to remain bearish
  Market Round-up
  Dismal Q1 results may prompt rating firms to downgrade Telco
  Financial Briefing