The Markets ended in the green today with much the same charisma like yesterday. BSE Sensex closed at 14403 scaling up 136.59 points. The NSE Nifty added 46.30 points to close at 4183.5.
In regard to currencies, USD/INR is at 44.11
Add commentFebruary 2nd, 2007
The markets continued to charge themselves not only to remain in positive territories but also scale up into more positive grounds. NIFTY is at 4191.70 (Up by 1.32%). Minda Ind, Network 18, Data Tech, UTI Bank are in the top gainers list.
Add commentFebruary 2nd, 2007
The markets seems to be on their bullish rally as markets opened positive today. NIFTY is currently at 4176.55 (Up by about 1%). Tata Steel, India Bulls, Reliance Communications, Infosys Technologies, Reliance and SAIL are active in the market.
Network 18, NICCO, Himachal Futuristic, PSTL are in the top gainers in the early hours of trade.
Add commentFebruary 2nd, 2007
Benchmark Mutual Fund has become the first to bring the Gold Exchange Traded Fund (GETF) to the market and has set a new milestone in the Indian Mutual Fund Industry. The NFO of the Gold Benchmark Exchange Traded Scheme (Gold BeES) will be open from Feb 15 to 23, 2007. Rs. 10,000 is the minimum investment and investors can put in multiples of Rs. 1000 thereon.
Here is some info on this:
Gold Benchmark Exchange Traded Scheme (Gold BeES) offers investors an innovative, cost-efficient and secure way to access the gold market. Gold BeES is intended to offer investors a means of participating in the gold bullion market without taking physical delivery of gold, and to buy and sell on National Stock Exchange (NSE).
UTI Mutual Fund, Kotak Mutual Fund, Prudential ICICI and Tata Mutual Fund have all filed draft offer documents with SEBI for their Gold ETF funds and are in various stages of processing.
Many Personal Finance Advisors say that prudent investors can add Gold ETFs to their portfolio to have a proper balance and weightage to their wealth generation plan.
Add commentFebruary 2nd, 2007
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