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FINANCIAL EXPRESS FRONT PAGE

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Wednesday, May 5, 1999

Stock Update Forex Update

Polymer price hike reactivates Reliance
The Reliance counter sprang back into activity on the bourses today driven by news that the company has hiked the prices of all polymers and fibre intermediates between one and 9%.

Software scrips bounce back on bourses
Software stocks are back in the reckoning and have shot back with a vengeance to record impressive gains on the last day of the current trading settlement on the National Stock Exchange (NSE).

Foreign funds lift Sensex up 124.55 points
Share prices moved up sharply across the bourses on renewed buying by foreign institutional investors (FIIs). Reflecting the strong undercurrent of the market amid followup support from domestic institutions.


Inspirations furnishing fabrics


  Navi Mumbai spices market witnesses divergent trend
  Bankers urge forex transparency in Vietnam
  Market Round-up
  Indonesian rubber prices firmer on strong demand
  DSE unveils scheme to save illiquid stocks
  CII to urge Sebi, BSE to make corporate governance must for listings
  Tata Infotech declares bonus, hikes dividend
  Sensex unlikely to shed more than 100 points
  ISE seeks regulator's nod to spread wings abroad
  Foreign investors spread net to cyclical stocks
  Kochi bourse plans to beY2K-compliant by June 30
  DSP-ML equity fund steps up cash holdings
  Ingersoll Rand gets a boost in last quarter
  Wait for market's reaction on poll dates
  State Bank -- Trade off between risk and reward
  Urad spurts on lack of quality goods; silver suffers
  Dow Jones crosses 11,000-mark
  Hind Glass rights at Rs 30 premium
  Broker goes for broke -- Motilal Oswal to launch TVC on CNBC
  Marketplace Briefing



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