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FIIs net purchases at Rs984.8 crore
Mumbai: The foreign institutional investors (FIIs) recorded net purchases of Rs984.8 crore ($213.5 million) in equities for the trading week ended October 29 while mutual funds (MFs) were also net purchasers at Rs265.42 crore, according to data available with the Securities and Exchange Board of India (SEBI) here.

The Stock Exchange, Mumbai, (BSE) during the week under review saw the sensex gaining 31.21 points to close at 5672.27 points.
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ADR - Indian companies as of October 29
US Index Report
DJIA Dow Jones Industrial Average 10027.47 + 22.93
NASDAQ Nasdaq Composite 1974.99 - 0.75

Indian ADRs on NASDAQ and NYSE
IBN ICICI Bank Ltd $ 15.76 + 0.21
INFY Infosys Technologies Ltd $ 66.43 - 1.17
REDF Rediff.com India Ltd $ 8.48 + 0.20
SIFY Sify Ltd $ 5.90 - 0.11
VSL Videsh Sanchar Nigam Ltd $ 7.59 + 0.14
WIT Wipro Ltd $ 21.33 - 0.55
RDY Dr.Reddys Laboratories Ltd $ 16.58 - 0.29
SAY Satyam Computer Services Ltd $ 26.27 - 0.14
HDB HDFC Bank $ 35.17 + 1.58
MTE Mahanagar Telephone Nigam Ltd $ 7.90 + 0.32

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SEBI to announce IDR listing norms shortly
Hyderabad: With increasing interest from foreign institutional investors to invest in Indian Depository Receipts (IDRs), the Securities and Exchange Board of India is preparing the listing and disclosure norms for IDRs and proposes to announce them shortly, according to SEBI officials.

SEBI officials have indicated that they were likely to impose stringent disclosure norms in the case of IDRs since it would be difficult to track vanishing companies from abroad.
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domain-B : Indian business : News Review : 01 November 2004 : markets