Archive for April 18th, 2007

NSE completes its 1793rd Normal Settlement

NSE Press Release

The Exchange has successfully completed its 1793rd Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007070 on April 18, 2007. The settlement statistics are as follows:   

 

Particulars
Values

           

N – 2007070

Total traded quantity (lakhs)

3808.50

Total traded value (Rs. In Crores)

8914.81

Total value of the settlement (Securities) (Rs. In Crores)

2743.97

Total value of the settlement (Funds) (Rs. In Crores)

701.80

Shortages for the settlement

0.26%

% of  Delivery ( No. of shares deliverable / No. of shares traded )

31.15%

 

Retail Debt Market have completed its 1067th settlements details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2007070

NIL

NIL

NIL

Add commentApril 18th, 2007

ICDM & F&O Turnover - April 18, 2007

BSE Press Release

Value of deals reported on ICDM on  18th  April , 07 , through ICDM System as well as Internet portal is = Rs 97.21 Crs.

Total Number of deals :   47

Please find hereinbelow data on F&O turnover (one sided) for the trade date 18 April 2007.

1.) Sensex Futures = Rs 675.66 crores.
2.) Reliance Futures = Rs 57.03 crores.
3.) Total F&O Turnover = Rs 732.72 crores.

All the above values represent one sided turnover

Add commentApril 18th, 2007

Markets cheers today - Sensex up 114 points - April 18, 2007

Nifty is at 4022.45 and is up 0.94%. Sensex is currently trading at 13,721.98 and is up 114.94 points or 0.84%. Midcap index is up 1.07% while Smallcap index is up 0.98%. Health Care, Banking and PSU indices are up over 1% today. IT is up by 0.36% after yesterdays not-so-great trading session.

Top gainers on Senxex so far are GTL, Sterl Biotec, Raymond Ltd, HCL Technologies, Power Finance, Sun Pharma, Alstom, Birla Corp and Indian Bank. Top losers so far are Tata Steel, CESC Ltd, IGate Global, Alfta Laval, Castrol India, BPCL, HPCL, Tata Tea, Asian Paints and Micro Inks.

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Reliance ELSS SIP changes

Reliance Mutual Fund has announced few changes for its popular Reliance Tax Saver Fund (ELSS). The new terms are actually for the minimum amount per SIP and the SIP duration. The new terms of the scheme will come into effect from April 17, 2007 and are as follows:

A minimum of Rs 500 and in multiples of Rs 500 thereafter for minimum of 12 month.
A minimum of Rs 1,000 a month and in multiples of Rs 500 thereafter for minimum of 6 months.
A minimum of Rs 500 a quarter and in multiples of Rs 500 thereafter for minimum of 12 quarter.
A minimum of Rs 1,500 a quarter and in multiple of Rs 500 thereafter for minimum of 4 quarter.

2 commentsApril 18th, 2007

ICICI Prudential MF introduces MicroSIP

If you would like to invest in Mutual Funds and do not have enough funds even for the minimum application amount, there is good news for you. ICICI Prudential has announced MicroSIP that allows investors to put in money as investments for as low as Rs. 50 and Rs. 100. Of course, units purchased via the MicroSIP route will be put in Growth option only. Entry loads will be 2.25% while Exit loads differs depends on the time and amount being invested. All other terms and conditions of SIP will apply for MicroSIP as well.

Introducing MicroSIP investments with low starting amounts are believed to increase the investor base as well as the volume of investments that goes into mutual funds.

Add commentApril 18th, 2007

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