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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Satish C. Shah who wrote (2981)10/6/1998 8:46:00 AM
From: Mohan Marette  Respond to of 12475
 
UTI-US64 and the Indian Stock Market

Satish:
Thanks,here are more news on the issue but today the market is heading up.

That UTI is some mutual fund,I believe it is the largest mutual fund India with 60,000 crores of rupees in assets,wow that is some 14 billion US dollars,big at least according to Indian standards.It is understandable that any large move by UTI could move the markets considering their size vis a vis the Indian Stock Market.

Anyway couldn't read the article you sent since it requires subscription and ain't got it.

business-standard.com

business-standard.com