Archive for February 12th, 2008

NSE completes its 2001st Normal Settlement

The Exchange has successfully completed its 2001st Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2008029 on February 12, 2008. The settlement statistics is as follows:

Particulars    Values
N – 2008029
Total traded quantity (lakhs):    5602.72
Total traded value (Rs. In Crores): 13532.63
Total value of the settlement (Securities) (Rs. In Crores): 2964.83
Total value of the settlement (Funds) (Rs. In Crores): 1491.44
Shortages for the settlement: 0.39%
% of  Delivery ( No. of shares deliverable / No. of shares traded ): 17.77%

Retail Debt Market have completed its 1275th settlements details of which is as follows:

Settlement No.     Traded Value    Settlement Value
Securities     Funds
D- 2008029    NIL    NIL    NIL

Add commentFebruary 12th, 2008

ICDM and F & O Turnover details - February 12, 2008

Value of deals reported on ICDM on th February ,12th  , through ICDM System is = Rs. 29.18Crs.
Number of deals reported : 16

Please find herein below data on F&O turnover (one sided) for the trade date 12th Feb 2008.
1.) Sensex Futures = Rs 1100.41 crores.
2.) Sensex Mini Futures = Rs 3.27 crores.
3.) Total F&O Turnover = Rs 1104.70 crores.
All the above values represent one sided turnover.

Kalyan S. Bose
Corporate Affairs
Bombay Stock Exchange Ltd

Add commentFebruary 12th, 2008

Magnum Taxgain announces 110% dividend

Magnum Taxgain from SBI Mutual Fund has announced a dividend of 110%. February 15, 2008 will be taken as the record date.

SBI Magnum Taxgain is one of the most popular Tax Savings (ELSS) Mutual Fund. The scheme was launched in March  1993 and has net assets worth Rs. 3,549.90  (as of January 31, 2008). Gopal Agrawal is currently the fund manager of the scheme.

The scheme has Financial Services, Energy, Metals & Metal Products and Basic/Engineering amongst its top sectoral holdings. In regard to stock specifics, the scheme has Reliance Industries, Jai Prakash Associates, Welspun-Gujarat Stahl Rohren, Larsen & Toubro and Reliance Communications as its Top 5 stocks.

Earlier, the scheme has announced as many as 10 dividends:

31-MAR-95: 1.000000 per unit
31-MAR-96: 0.800000 per unit
15-DEC-99: 2.500000 per unit
26-SEP-03: 1.500000 per unit
31-DEC-03: 1.500000 per unit
26-MAR-04: 1.500000 per unit
29-OCT-04: 2.700000 per unit
10-JUN-05: 10.200000 per unit
10-MAR-06: 15.000000 per unit
02-MAR-07: 11.000000 per unit

Add commentFebruary 12th, 2008

Indian markets open in green on Tuesday

CNX NIFTY is at 4876.05 up by 0.39%. CNX NIFTY JUNIOR is at 9159.30 down by 0.57%, CNX IT is at 3977.15 up by 0.53%. Sensex is at 16,661.76     and is up 0.19%. Sensex Smallcap and Midcap indices are down. The signs show are clear the early upward trend is mostly on the large cap stocks while the Midcap and Smallcap stocks are pulling down in the first hours of trade.

Technology stocks again demand a mention as most of the large cap IT stocks are trading in the green. Satyam, Wipro, Infosys, TCS, HCL Tech are all in the green. Satyam is gaining momentum with increased volumes.

On the Banking front, ICICI Bank is up 3.25%, Axis Bank is up 1.85% and PNB is up 0.47%. State Bank of India is at 2058 levels and is marginally in the green. Bank of India is down 2.23%.

A look at the largecap stocks shows Sterlite, SAIL, Hindustan Unilever, Cipla, ONGC, Bharti Airtel, Hero Honda, National Aluminum are all up while Reliance Energy, Tata Power, L&T, Glaxo, Ranbaxy are in the red.

Midcap gainers include J&K Bank, Rolta, Moser Baer, Sterlite Bio are in the up while IVRCL Infra, Patel Engineering, Bajaj Hindustan, CESC are all down over 3% while Nagarjuna Constructions, HCC, Praj India are down over 2%

Sectorally Bank, Auto, IT, Metal, Realty are in upwards whule yesterdays hit Consumer Durables in down this morning.

JK Infra listed at Rs. 115 but slipped to Rs. 90 levels in the first few minutes of trade.

NTPC is attracting huge volumes in recent times and deserves a special mention. Analysts put a Buy / Accumulate rating of this stock with a target of Rs. 283 by the end of year. Unlike its pees, NTPC isn’t a buzzing stock on volume terms but is surely a silent star.

10:10 AM IST

Add commentFebruary 12th, 2008

HDFC Infrastructure Fund

Mutual Fund: HDFC Mutual Fund
Scheme Name: HDFC Infrastructure Fund
Objective of Scheme: To seek long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from growth and development of infrastructure.
Scheme Type: Close Ended
Scheme Category: Growth
New Fund Launch Date: 8-Jan-2008
New Fund Earliest Closure Date: 21-Feb-2008
New Fund Offer Closure Date: 28-Feb-2008
Indicate Load Separately: Entry Load : The Scheme, being a close-ended scheme, is not permitted to charge Entry Load. Exit Load : Nil
Offer Price (Rs.): 10
Minimum Subscription Amount: Rs. 5,000

Add commentFebruary 12th, 2008

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