ISE receives 270 applications:
The Inter-Connected-Stock Exchange of India (ISE) has received 270 applications for registration from traders in the regional exchanges. A majority of these applications have come in from Coimbatore, Uttar Pradesh, Baroda, Bangalore and Cochin exchanges. This figure is expected to go up to 500 members in a year, once the exchange commences operations. ``We are awaiting confirmation from Sebi on the uniformsettlement front. We hope to go on-line by the end of February,'' said the managing director, ISE, Joseph Massey.

Sebi receives 3515 complaints:
Sebi has received 3,515 grievances against 977 companies during the fortnight ended January 31, 1998. During the same period, 1705 grievances, including grievances brought forward from the previous period, were reportedly resolved by 338 companies. Among the companies whose pending complaints are more than 1000 are: Mahadev Corporation Ltd 2,389, Motorol India ltd 3,477, J F Laboratories Ltd 1,062, Western Paques (I) Ltd 2,608 and Meher Dairy Ltd 3,942, a Sebi release said.

Pivotals rise sharply on NSE:
Pivotals rose further sharply on the National Stock Exchange Wednesday on heavy buying by both foreign institutional investors and domesitc funds that pushed the nifty up by 34.7 points. The S&P Cnx Nifty rallied by 34.7 points to close at 959.45 from the last close of 924.75. CNX Nifty junior shot up by 52.00 points to end at 1700.85 fromthe previous close of 1648.85. DSE up 3.5 pc on aggressive buying: Sharp rally in index-related and software computer company stocks lifted benchmark index to close nearly 3.5 per cent higher on the stock market today following all-round buying by overseas investors and speculators against huge short-covering. The Delhi Stock Exchange sensitive index ended 24.93 points higher at 727.04 after touching a day's high of 729.06 points.

Shares close higher on MSE:
Infotech counters made yet another strong rally to close higher on the Madras Stock Market Wednesday following sustained buying support while other blue chip counters were moving in a narrow range in the absence of any worthwhile activity. The MSE price index edged down by 4.94 points to close at 3426.08, against previous level of 3431.02 points.