
Wednesday, May 19, 1999
UTI toes Parekh panel line, to rehaul US-64 dividend line
The Unit Trust of India has decided to revise the dividend policy for US-64 based on the recommendations of the Deepak Parekh Committee.
US-64 NAV was at Rs 9.50 in June '98
Breaking the long-drawn suspense, the Deepak Parekh Committee has pegged the net asset value of US-64 scheme at Rs 9.50.
Sensex inches up 45 points as punters await Fed rate rise
Long positions saw further squaring off on the second day of the trading cycle on the Bombay Stock Exchange even as the index failed to find support at 4,088 levels.
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