Thursday, November 9, 2000
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Market briefing 

 
Change in BSE trading timings on Nov 10
In view of the holiday on November 11, BSE has revised trading and badla (continuous) timings on Nov 10. The duration of continuous session has been reduced by one hour and five minutes, starting at 9.30 am and closing at 2.10 pm. However, the duration of Badla Continuous session too has been reduced by 30 minutes, starting at 6.15 pm and ending at 7.45 pm.

IIEF's risk management conference
Invest India Economic Foundation (IIEF) would showcase the latest risk management principles, policies, practices, tools, technology and applications through policy round tables, cutting edge workshops and specialised vendor demonstrations at its conference "The Risk Management Retreat 2000". The four day retreat is scheduled to begin on November 23 at Goa. The agenda includes two parallel programs one called the risk policy round table and another credit derivative workshop. The participants in the programme include Dr Shankar Acharya, chief economic advisor to the Government of India; Devi Dayal, special secretary (Banking) in the Ministry of Finance; N Rangachary, chairman of Insurance Regulatory Development Authority; renowned chartered accountant, YH Malegam and outgoing managing director of National Stock Exchange Dr RH Patil.

Reliance group tops US-64 portfolio
The US 64 scheme, has a exposure of Rs 3324.32 crores in Reliance group, which is 17.04 per cent of its investment portfolio of Rs 19,554.84 crore.

It holds a 12.33 per cent in RIL and a 4.71 per cent exposure in Reliance Petroleum. The other companies in the top five holdings of the scheme include ITC, Himachal Futuristic Communication and Infosys Technologies. The investment in ITC is 4.58 per cent, Himachal Futuristic Communication is 4.48 per cent and Infosys Technologies is 3.72 per cent of the total corpus.

BSE's derivatives LTM closes on Dec 31
The BSE has decided to keep December 31, 2000 as the last date for the acceptance of application forms for registration as a Limited Trading Member (LTM) of the derivatives Segment. The Exchange had opened LTM exclusively for its Derivatives Segment in order to admit new membership desirous of trading only on the Derivatives Segment and not on the Cash Segment. Any LTM shall be a member of LTM of the derivatives Segment.

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