Markets remain steady
Mumbai: The bourses remained steady following indications of passage of the insurance bill and other key reform measures by the Parliament. The day also recorded the highest volume, aggregating Rs 9,430 crore on the two major stock exchanges, the Bombay Stock Exchange and the National Stock Exchange. The figure surpassed the earlier high of Rs 6,383 crore recorded on 22 September.

The BSE recorded a volume of Rs 4,203 crore while the NSE had Rs 5,227 crore. However, the BSE Sensex closed at 4614.96, down seven points. The S&P CNX Nifty of the NSE had a gain of 12.60 points as it closed at 1388.75.

Infotech stocks showed a mixed trend. While stocks like Aftek, VisualSoft, NIIT, Zenith Computers, Hughes Software, DSQ Software and Silverline recorded losses, SSI, Infosys Technologies, Wipro, HCL Infosys, Onward Technologies and Pentafour made gains. Zee Telefilms scrip became volatile again touching a new high at Rs 7,100 on the BSE at one point and coming down tumbling to touch the lower circuit at Rs 6,285.05.
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RBI seeks details of Sebi order
Mumbai: The Reserve Bank of India has sought details of the Securities and Exchange Board of India’s order against Indian Bank Mutual Fund to pay investors their dues on account of redemption of the IndPrakash scheme. Meanwhile, the members of the board of Indian Bank will meet the Deepak Parekh Committee and its auditors to discuss the fallout of the Sebi order.
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CSE plans terminals in other towns
Calcutta: The Calcutta Stock Exchange will open its trading terminals in the suburbs of the city and in district towns in West Bangal. The exchange will also set up investor service centres in key business districts.

Suresh K. Jalan, vice-president of the exchange, said terminals have already become functional in Siliguri and Jalpaiguri. The exchange will open terminals through its members in Asansol, Burdwan, Durgapur and Haldia.
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