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Saturday, August 7, 1999

`MSE is going through a bad phase'
Dwindling retail business, competition from premier exchanges and technology have put regional exchanges on the mat. The Madras Stock Exchange is putting through a strategy that could help shore up its shrinking turnover.

Stick to formula -- Racing regulars may be the best bet
After the drubbing punters took last week, one common factor stands out like a sore thumb. Namely, that runners which had shed their physical rustiness by virtue of a previous run on the track were competing with a telling advantage.

Moving in top gear
Automobile major Ashok Leyland has had a dream-run on the bourses. From Rs 28-levels in April-end, the stock has zoomed to a high of Rs 128.


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