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Market
slide hits JVSL, Essar Steel investors most |
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Investors of steel companies
have been badly affected during the last one year’s slide in
the stock prices in general, the resultant erosion in market
capitalisation and therefore, in the value of their investments
in equity stocks. |
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SHCIL
pens two-pronged strategy to boost volumes |
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Hit BY the recent crisis in
the stock markets and falling business volumes, the Stock Holding
Corporation of India has initiated business reorganisation to
enhance volumes by targeting the retail investors. |
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Low
buying, market slide erode equity funds NAVs |
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Equity funds saw erosion in
their net asset values during June as the equity markets witnessed
another bout of downfall with both the National Stock Exchange
and the Bombay Stock Exchange indices sliding over 7.5 per cent. |
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FII
investments at Rs 289 crore last week |
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Foreign institutional investors’
crossed the Rs 12,000-mark. FII inflows as on July 12, 2001
was Rs 12,090-crore. FIIs investments for the week ending July
12, 2001 were higher at Rs 288.6 crore against inflows of Rs
119 crore for the week ending July 5, 2001. |
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