THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, June 05, 2000

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Markets

Mutual Funds
Dividend options in debt funds being preferred
IT'S June already, and time again for investors to do some financial planning for the year. As seen around this period each year, MF distributors have begun to wax eloquent about the importance of investing in tax-saving products: equity-linked savings s chemes (ELSS) which allow investors a rebate of 20 per cent under Section 88 of the IT Act.

Policy
Bounty from funding agencies on the cards
NATTILY dressed investment bankers pounding the streets of Mumbai, especially Nariman Point, revel in mouthing what they call the flavour of the month or season to hacks who are still wet behind the ears. This can be, for instance, on ICE stocks, telecom companies, enterprise value, EVA and other gobbledygook.

Stocks
Nasdaq to boost market sentiment
THE six per cent gain posted by the Nasdaq Composite Index on Friday is likely to boost market sentiment in the week ahead.


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