SEs to undertake audit of pool accounts
Major stock exchanges (SEs) will be undertaking audits of pool accounts of clearing members in order to ensure that they do not use shares belonging to clients for proprietary trades.

SBI MF balanced, growth funds fall 40% in Mar-Apr
The erosion in assets of the balanced and growth funds of SBI Mutual Fund tended to converge during the one-month period from March 31,2000 to April 30,2000 at around a negative 40%.

Good news is no news for tech stocks
Any news used to be good news for tech-stock investors. But now even good news isn't doing the trick. For proof, look no further than Monday's news from ImClone Systems about good Phase II test results on its cancer drug.


  Asian IPOs hit by tech plunge
  Aksh Optifibre plans IPO
  London firms postpone IPOs
  MFs play hard to get as flotations sink
  Market Round-up
  Zurich India MF to pay dividend in gilts fund
  Over 200 Asian IPOs being pulled back


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