Indian Stock Markets open positive - April 26, 2007
The Indian Stock Markets opened positive this morning. Nifty is trading at 4202.10 and is up by 0.84%. CNX IT is up 0.50% while Bank Nifty is up 0.75%
Add commentApril 26th, 2007
Archive for April, 2007
Draft offer documents of mutual funds filed before SEBI - April 24, 2007
Draft offer documents filed before SEBI and put for public view and commenting on SEBI website on April 24, 2007 are as follows:
ING Vysya Fixed Maturity Fund - Series XXV
ING Vysya Fixed Maturity Fund - Series XXVI
ING Vysya Fixed Maturity Fund - Series XXVII
ING Vysya Fixed Maturity Fund - Series XXVIII
UTI - FIxed Income Interval Fund
Add commentApril 26th, 2007
AIG India Equity Fund
So, the announcement is finally made. AIG Global Investment Group Mutual Fund has announced its first mutual fund for the Indian investors. AIG India Equity Fund will be an open ended diversified equity fund with 80%-100% for equity investment and a maximum 20% for debt.
AIG India Equity Fund will be in NFO from May 3, 2007 and closes on May 31, 2007. Cost of unit during NFO will be Rs. 10
The fund will take BSE 100 as its benchmark. The usual Growth, Dividend Payout and Dividend Reinvestment options are available.
Tushar Pradhan will be the CIO - Equities while Ravi Mehrotra is the Managing Director.
Add commentApril 26th, 2007
Fidelity Equity Fund announces 2nd dividend
Fidelity Equity Fund has announced 2nd dividend. Here’s the details:
Fidelity Fund Management Private Limited has announced its second dividend of Rs. 2.50 per unit (Face Value of Rs.10 per unit) in its open-ended, diversified equity fund, the Fidelity Equity Fund subject to availability of distributable surplus. All investors registered in the Dividend Option as on April 30, 2007 will be entitled to this dividend which will be tax-free in the hands of the investors.
Add commentApril 25th, 2007
ICDM & F&O Turnover - April 25, 2007
Value of deals reported on ICDM on 25th April , 07 , through ICDM System as well as Internet portal is = Rs 371.75 Crs.
Total Number of deals : 83
Please find hereinbelow data on F&O turnover (one sided) for the trade date 25 April 2007.
1.) Sensex Futures = Rs 658.47 crores.
2.) Reliance Futures = Rs 55.60 crores.
3.) Total F&O Turnover = Rs 714.08 crores.
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
Add commentApril 25th, 2007