Archive for March 1st, 2007
Franklin Templeton Investments (India) announced a dividend of Rs. 3 per unit in Franklin India Prima Plus (FIPP). Investors who are holding units under the dividend plan as on March 7, 2007 will be eligible to receive the dividend.
Franklin India Prima Plus was incepted on September 29, 1994. FT says, “The scheme looks to identify such companies by thorough research by giving due focus to the qualitative aspects such as management capabilities, business strengths and unique business models which given them a sustainable competitive advantage.”
The minimum application amount to buy units of this scheme is Rs. 5000 and minimum additional investment is Rs. 1000. The scheme carries an entry load of 2.25% for investments < Rs. 5 Crs; Exit load is 0.5% (if redeemed/switched-out within 6 months of allotment)
For investments => Rs. 5 Crs., entry load is Nil and exit load is 1% (if redeemed/switched-out within 1 year of allotment)
The NAV’s of the scheme are:
Franklin India Prima Plus-Dividend;32.81
Franklin India Prima Plus-Growth;132.64
March 1st, 2007
The Indian markets are back on rally streak today following yesterdays global meltdown and a not so appealing union budget.
Sensex closed at 13159.55 gaining 221.46 pts
Nifty closed at 3811.20 gaining 65.90 pts
USD/INR is at 44.26
March 1st, 2007
NSE Press Release
The Exchange has successfully completed its 1761st Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007038 on March 1, 2007. The settlement statistics are as follows:
Particulars
|
Values
|
|
|
N – 2007038
|
|
Total traded quantity (lakhs)
|
4010.46
|
|
Total traded value (Rs. In Crores)
|
8125.85
|
|
Total value of the settlement (Securities) (Rs. In Crores)
|
2112.46
|
|
Total value of the settlement (Funds) (Rs. In Crores)
|
765.85
|
Shortages for the settlement
|
0.15%
|
|
% of Delivery ( No. of shares deliverable / No. of shares traded )
|
23.28%
|
Retail Debt Market has completed its 1035th settlement details of which are as follows:
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Settlement No.
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Traded Value
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Settlement Value
|
|
|
|
Securities
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Funds
|
|
D- 2007038
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NIL
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NIL
|
NIL
|
March 1st, 2007
BSE Press Release
Value of deals reported on ICDM on 1st March , 07 , through ICDM System as well as Internet portal is = Rs.284.08 Crs.
Total Number of deals : 53
Please find hereinbelow data on F&O turnover (one sided) for the trade date 01 March 2007.
1.) Sensex Futures = Rs. 642.84 crores.
2.) Reliance Futures = Rs. 57.63 crores.
3.) Total F&O Turnover = Rs. 701.06crores.
All the above values represent one sided turnover.
Kalyan S. Bose
Corporate Affairs
Bombay Stock Exchange Ltd.
25th floor, P. J. Towers
Dalal Street
Mumbai - 400 001, INDIA
Ph # Dir. : +91 22 2272 2938 / Board : 2272 1233 - 4 X : 8740 / Cell : +91 98 203 21121
Fax : +91 22 2272 3040
Visit us at : www.bseindia.com
March 1st, 2007
IT and Bank stocks became the torch bearers in the effort by the stocks to go in the recovery route. NIFTY is trading at 3811.85 up 1.8%.
Amongst IT stocks, CMC (+10.7%), Mphasis (+7.6%), GTL (+5.8%), Tata Elxsi (+5.7%), Wipro (+5.4%) are stealing the limelight. IT stocks that are currently in the red are Moser Baer (-3.1%), Finantech(-2.7%), Mastek (-2.5%), IGS (-1.5)% and IFlex (-1.1%). While 14 stocks are advancing, 6 are declining on the CNX IT.
Amongst the top Banking stocks trading on the Nifty are UTI Bank (+5%), HDFC Bank (+4.8%), PNB (+4.1%), Canara Bank (+3%) and ICICI Bank (+3%). All 12 banking stocks on the Bank Nifty are trading in green at the moment.
March 1st, 2007
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