Archive for November 27th, 2007

Dividend in Sahara Infrastructure Fund

Investors opting for Dividend in the Sahara Infrastructure Fund would get a dividend of 50% (Rs. 5 per unit on a face value of Rs. 10  November 30, 2007 will be taken as the record for the same.

The NAV for the fund is Rs. 18.3407.  The Scheme’s objective is “The investment objective would be to provide distribution and /or medium to long term capital gains by investing in equity / equity related instruments of companies mainly in the infrastructure sector”.

Add commentNovember 27th, 2007

Dividends in Reliance FHF Annual Plans

A dividend of 100% is announced in the Reliance FHF Annual Plan I - Series III and Reliance FHF Annual Plan II - Series I. The record date for this will be taken as December 2, 2007. Both Retail as well as Institutional Investors will be receiving the dividend.

Add commentNovember 27th, 2007

Indian markets open weak; Mundra Port & SEZ makes a good opening

Sensex down 100 points and Nifty 50 down 20 points

Infosys Technologies saw some early day interest as the script started its way in the green territory. Mundra Port & SEZ has crossed the Rs. 1000 mark reaping good money for its investors. The script zoomed about Rs. 555.

NTPC, Hindalco, Reliance Energy, SBI, Reliance are marginally in the red.

Bajaj Auto, Bharti Airtel, Hindustan Leaver are trading green.

Uptrend in Deccan Aviation is continuing.

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Asian markets marginally in red

The Asian markets are trading mixed today. Most of the markets started their day in red and began to take a slow recovery course. Shanghai Composite, Straits Times and Taiwan Weighted are down by 1% while Nikkei 225 is gaining strength in the green territory. The news from the Citigroup has cheered up the Nikkei today.

Add commentNovember 27th, 2007

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