Mutual Funds
More index funds on cards
THE debt funds are still the flavour of the season but their equity counterparts are looking brighter, thanks to recent developments on the stock exchange. A number of broad-based equity funds have gained ground, while NAVs of technology funds have notch ed distinct gains.

Policy
Undisbursed balance of loans -- India pitches for lower interest rates
INDIA'S policy managers are quietly at work to drive a hard bargain with multilateral institutions such as the Asian Development Bank, for instance.

Stocks
Tech stocks set for downward correction
THE Sensex has gained 782 points in the past 10 weeks, courtesy the buoyancy in the technology shares. The Securities and Exchange Board of India is seized of the issue of private financing, which is currently believed to be fuelling a price and volume s purt in the technology stocks.

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