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                           Industrial Securities- Ordinary Shares
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Average of Months                   Yields                              Index Numbers of Yields
                              (Per cent per annum)                           (1980-81 = 100)
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                  All India Mumbai  Calcutta Chennai  Ahmedabad  Delhi  All India Mumbai  Calcutta Chennai  Ahmedabad  Delhi
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        1             2        3        4        5        6        7        8        9       10       11       12       13
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     1990-91          2.59     2.36     2.86     2.26     2.44     2.73     45.5     40.0     52.7     38.3     46.1     52.6

     1993-94          2.19     1.65     1.88     1.97     5.96     1.85     38.4     27.9     34.6     33.3    112.8     35.6

     1994-95          1.79     1.40     1.62     1.55     3.88     1.77     31.4     23.8     29.8     26.2     73.4     34.2

     1995-96          3.06     2.67     2.78     2.72     7.28     2.23     53.6     45.3     51.3     46.0    137.9     42.8

    April 1996        3.48     3.06     2.55     2.88     9.88     2.47     61.0     51.9     47.1     48.7    187.1     43.2

   May 1996           3.50     3.08     2.55     2.91     9.86     2.53     61.3     52.2     47.0     49.3    186.7     44.2

   December 1996      4.93     4.97     3.95     4.23     9.91     3.82     86.3     84.3     72.9     71.6    187.6     66.9

   Janaury 1997       4.46     4.20     3.56     3.97     9.75     3.63     78.1     71.1     65.7     67.2    184.8     63.6

  February 1997       4.52     4.56     3.40     4.04     8.52     3.78     79.2     77.3     62.7     68.4    161.3     66.2

    March 1997        4.50     4.57     3.35     4.08     8.21     3.86     78.8     77.4     61.8     69.0    155.4     67.6

    April 1997        4.78     5.00     3.48     4.30     8.31     4.02     83.7     84.7     64.3     72.8    157.3     70.4

     May 1997         5.04     5.24     3.72     4.46     8.99     4.38     88.3     88.9     68.6     75.5    170.4     76.7
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