Tech stocks propel Sensex 112 points
A combination of institutional and speculative buying saw the Sensex surging 111.45 points on Friday. Led by technology stocks, the markets showed a strong trend with substantial volumes.

VSNL zooms ahead of bonus
The proposed bonus issue from Videsh Sanchar Nigam Ltd (VSNL) saw its scrip register a smart gain on Friday. The VSNL share on Friday closed at Rs 1,380.25 after touching an intra-day high of Rs 1,404.55 at BSE.

NSDL for conversion of current balance to rupee demat fund
National Securities Depository Ltd (NSDL) is in favour of depository participant banks being allowed to convert their current account funds into rupee demat balances, which in turn could be exchanged for corporate debt securities.


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