Nasdaq 5,000 in short reach
Nasdaq composite index is menacing the 5,000 mark with confidence. The broad market index, with increased notoriety for both its spectacular, four-month rally and for becoming a proxy for the `new economy,' is poised to smash yet another millennium mark.
SHCIL plans IPO, new bank
India's leading depository participant Stock Holding Corporation of India Ltd (SHCIL) will make an initial public offering (IPO) in the third quarter of 2000.