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Markets
slump
Mumbai: The Bombay Stock Exchange index of 30 shares dropped 150 points
on 29 October 1999 to close at 4444. The National Stock Exchange index of 50 shares closed
at 1325, registering a loss of 42 points.
The markets faced heavy bull
unloading and selling by foreign institutional investors. The major bourses slipped on
fear that the high carry forward rate of 50 per cent in Calcutta would spread to other
exchanges too. Brokers feel that the BSE will settle down at around 4250 in the short
term.
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Muhurat
trading on Sunday
Mumbai: The National Stock
Exchange has announced the timings for a special session for rmuhurat trading on 7
November, for Diwali. Both the normal and limited physical markets will be open between
7.00 p.m. and 8.30 p.m.
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