ADR
prices - Indian Companies
US
Index Report
Date Aug 20 2004
DJIA Dow
Jones Industrial Average 10110.14 +
0.69
NASDAQ Nasdaq Composite
1838.02
+ 18.13
INDIAN
ADRs on NASDAQ and NYSE
Date Aug 20 2004
IBN ICICI
Bank Ltd $
12.23 - 0.05
INFY Infosys Technologies
Ltd $
49.30 - 0.12
REDF Rediff.com India Ltd
$
6.73 + 0.07
SIFY Sify Ltd
$
4.662 + 0.362
VSL Videsh
Sanchar Nigam Ltd $
7.43 - 0.07
WIT Wipro
Ltd $17
+ 0.07
RDY Dr.Reddys
Laboratories Ltd $15.46
- 0.50
SAY Satyam
Computer Services Ltd $20.29
+ 0.33
HDB
HDFC Bank
$27.69 - 0.18
MTE Mahanagar
Telephone Nigam Ltd $6.66
+ 0.01
Back
to News Review index page
FIIs
are net buyers in equities
Mumbai: The Foreign Institutional Investors (FIIs)
were net buyers in equities at Rs.586.8 crore during the
first four days in the trading week ended August 20 while
netting sales of Rs.79 crore in debt market.
Mutual
funds (MFs) also netted inflows of Rs.73.29 crore in the
first three trading days in equities and Rs.72.71 crore
in debt, according to data available with Securities and
Exchange Board of India in Mumbai.
Back
to News Review index page
SEBI
chief bullish on markets with entry of UN fund
Kolkata: On the heels of the California Public
Employees Retirement System (CalPERS), the United Nations
Employees Pension Fund too has registered itself as a
foreign institutional investor (FII) in India.
The latest move, by yet another foreign pension fund has
prompted the Securities and Exchange Board of India (SEBI)
Chairman, G.N. Bajpai to remark that "CalPERS is
enthused by what has been happening in India. It wishes
to explore the opportunities that are available here".
According to the SEBI chief a number of reforms that have
boosted the overall investment climate, have helped their
case.
Bajpai, mentioned that T+1 (a settlement system for bourses)
is very much in the works and is being readied for a rollout.
The real time gross settlement (RTGS), however, is a major
issue on this front. However, a number of banks - 27 in
all - have joined the system and others are expected to
follow.
On the issue of demutualisation of stock exchanges, Bajpai
mentioned that plans worked out by various stock exchanges
have been scrutinised and clarifications have been sought.
Back
to News Review index page
|