Value of deals reported on ICDM on 20th June , 07 , through ICDM System as well as Internet portal is = Rs. 162.14 Crs.
Total Number of deals : 93
Please find hereinbelow data on F&O turnover (one sided) for the trade date 20th June 2007.
1.) Sensex Futures =Rs 699.83 crores.
2.) Reliance Futures = Rs 54.36 crores.
3.) Sensex Options = Rs 0.76 crores.
4.) Total F&O Turnover =Rs 754.96 crores.
All the above values represent one sided turnover.
Kalyan S. Bose
Corporate Affairs
Bombay Stock Exchange Ltd.
June 20th, 2007
Kotak Mahindra is coming up with a fund targeted at Islamic investors from the West Asia region. Titled Shariah Fund will wrap in a ‘local tie-up’ and aims at mobilizing $150-$200 million. With this, the fund would become the first Shariah-compliant fund that would tap the underlying Indian assets.
Ajay Bagga of Lotus India too seems to be aggressive. Having already launched a series of funds so far, Ajay is now focusing on expanding the AMC’s fund offerings. In an interview to a business daily, he quoted, “The fund house has also filed for a gilt fund and is looking at launching longer-term debt funds.” The AMC is also working on expanding its retail portfolio by expanding and increasing its penetration.
June 20th, 2007