NATIONAL Sensex down by a whopping 270 pts during the week Share prices suffered a sharp setback on the Bombay Stock Exchange (BSE) during the week under review on heavy sell-off due to concerns over the exit polls' adverse projections for the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) Government in second phase of elections, sending the Sensex down by a whopping 270.49 points, worst weekly fall in last 31 months.
LIC hints at marginal rise in interest rates Ahead of Reserve Bank of India's (RBI) slack season Credit and Monetary Policy, Life Insurance Corporation (LIC), one of the biggest players in the financial sector, today (May 1, 2004) said there were expectations that interest rates could go up marginally.
