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FINANCIAL EXPRESS FRONT PAGE

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Saturday, March 13, 1999

Stock Update Forex Update

Infosys euphoria spreads to other IT scrips
A day after Infosys Technologies' debut on the Nasdaq, operators and investors were on the lookout for also-rans in the infotech sector. The result -- Software stocks turned hot picks once again.

SHCIL fails to meet demat pay-in obligations
The Stock Holding Corporation of India (SHCIL) has failed to meet its demat pay-in obligations despite BSE extending the schedule to yesterday evening.

Task force set up to probe into vanishing firms
The Government has chalked out a multi-pronged attack on vanishing companies. A core group headed by the SEBI chairman DR Mehta will coordinate the crack-down with seven task forces set up in as many cities.


Inspirations furnishing fabrics


  RBI cuts T-bills yield to 8.77 per cent
  Hong Kong gold ends lower after dollar recovers
  Market Round-Up
  Why infotech scrips enjoy a high PE ratio
  Good overseas demand boosts prices at Calcutta tea sale
  Punjab Tractors pulls ahead of peers; posts % jump in sales in Feb
  Financial Briefing
  Arhar spurts on stockists' holding; edible oils easy
  Commodity briefing
  `10 more software firms to seek overseas listing'
  Nasdaq to see more Indian listings this year
  The retail push for Infosys' ADRs
  The bulls are back in the reckoning; software, banking sector
  Banking on State Bank
  Market discounts wage hike impact on SBI's profits
  Beware of name changers; They may trap you
  Market briefing
  K-30 discloses portfolio
  Are debt funds still worth taking a look at?
  `The year should witness a lot of action in the market'
  HLL, State Bank and ITC will prop up Sensex
  Infosys Technologies; A dream run



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