Archive for January 22nd, 2007

Markets open weak - Jan 23, 2007

NIFTY is currently trading weak at 4087.85 as against to its previous closure of 4102.45. While 10 are advancing, 40 are pulling down in the Nifty 50.

Among Banking Stocks, SBI and Union Bank are in green while UTI, Corporation Bank, Punjab National Bank, HDFC Bank and ICICI Bank are in red. Tech Mahindra, Indian Cements, ACC and Satyam Computers are currently topping the charts as the most actively traded securities in the early hours.

Add commentJanuary 22nd, 2007

DSP Merrill Lynch Mutual Fund announces dividend in Equity Fund

DSP Merrill Lynch Mutual Fund has announced a dividend of Rs. 7 per unit in the DSP Merrill Lynch Equity Fund. The face value per unit is Rs. 10. The NAV as on January 19, 2007 (the time of declaration of the dividend is Rs. 47.859). The record date for the distribution of dividends is January 25, 2007.

Add commentJanuary 22nd, 2007

Dividend in OptiMix Income Growth Multi Manager FOF Scheme (OIG) announced

ING Vyasa Mutual Fund has announced a dividend of Rs.3.50 on the face value of Rs.10 per unit for OptiMix Income Growth Multi Manager FOF Scheme (OIG) 15% Equity Plan & 30% Equity Plan (Option A). The record date for payment of the dividend is set as January 25, 2007 after which the NAV of the fund will fall to the extent of dividend payout and statutory levy as may.

Add commentJanuary 22nd, 2007

Benchmark and UTI Mutual Fund Gold ETF gets SEBI nod

A leading business daily quoted that Benchmark and UTI Mutual Fund Gold ETF got the nod from Securities and Exchange Board of India (SEBI). Bank of Nova will be the custodian for the UTI Mutual Fund Gold ETF.

Kotak Mahindra MF and Prudential ICICI MF have also filed draft prospectus for the Gold ETF’s and are yet to get the nod from SEBI.

Add commentJanuary 22nd, 2007

ICDM & F&O Turnover - Jan 22, 2007

BSE Press Release

Value of deals reported on ICDM on 22nd JAN , 07 , through ICDM System as well as Internet portal is = Rs. 400.36 Crores

Total Number of deals : 86

Please find herein below data on F&O turnover (one sided) for the trade date Jan 22, 2007.

1.) Sensex Futures = Rs. 511.34 crores.
2.) Reliance Futures = Rs. 54.42 crores.
3.) Total F&O Turnover = Rs. 565.77 crores.

All the above values represent one sided turnover.

Add commentJanuary 22nd, 2007

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