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FINANCIAL EXPRESS FRONT PAGE

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Wednesday, June 9, 1999

Market needs depth for stability -- Rathi
The domination of a few select big players is an anathema to the growth of a strong and vibrant capital market.

Market optimistic; Sensex up 31 points
Tuesday's trading on the Bombay Stock Exchange was marked by volatile trade with an intra-day fluctuation of around 90 points.

Price differential in NSE post-closing creates confusion
The post-closing session at NSE brought in new set of surprises for the broking community. Brokers said the price differential between the actual closing at 3.30 pm and the post-closing session led to confusion in the market.



  Deliver physical shares and pay 10-15% discount
  Nashik Municipal Corporation's Rs 100cr bond issue oversubscribed
  Spices mixed, turmeric down on poor export demand
  ICICI confirms mulling over ADR float
  Market roundup
  Fortune Informatics plans IPO at par
  `Bourses may not react to Lok Sabha poll results'
  Jaipur bourse issues winding up notices to 400 firms
  Tata Mutual Fund launches life sciences and technology fund
  Jakarta shares rocket as Asian markets gain
  Shares on the move
  Colgate India -- no reason to cheer
  Rumours abound at Telco counter
  Market briefing
  Sensex likely to draw strength from select scrips
  Philips India to remain bullish



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