ABN AMRO Mutual Fund
ABN AMRO FIXED TERM PLAN - SERIES 10 PLAN D
HDFC Mutual Fund
HDFC FMP 18M January 2008
HDFC FMP 90D January 2008
HDFC Infrastructure Fund
JM Financial Mutual Fund
JM Core 11 Fund - Series 1
JM Interval Fund - Quarterly plan 3 (JM QIF - 3)
JM Interval Fund - Quarterly plan 4 (JM QIF - 4)
JM Interval Fund - Quarterly plan 5 (JM QIF - 5)
JM Interval Fund - Quarterly plan 6 (JM QIF - 6)
JM Tax Gain Fund
Lotus India Mutual Fund
LOTUS INDIA FIXED MATURITY PLAN - 3 MONTHS-SERIES XXIV
Lotus India MID N SMALL CAP Fund
Tata Mutual Fund
Tata Fixed Investment Plan - 1 Scheme A - Institutional Plan - Growth
Tata Fixed Investment Plan - 1 Scheme A - Institutional Plan - Periodic Dividend
Tata Fixed Investment Plan - 1 Scheme A - Regular Plan - Growth
Tata Fixed Investment Plan - 1 Scheme A - Regular Plan - Periodic Dividend
Tata Fixed Investment Plan - 1 Scheme B - Institutional Plan - Growth
Tata Fixed Investment Plan - 1 Scheme B - Institutional Plan - Periodic Dividend
Tata Fixed Investment Plan - 1 Scheme B - Regular Plan - Growth
Tata Fixed Investment Plan - 1 Scheme B - Regular Plan - Periodic Dividend
February 12th, 2008
Draft offer documents for the following mutual fund schemes are submitted and are put for public view and commenting:
DSP ML FMP 3 Mths - Series 6-9 6 Mths - Series 5-6, 12 1/2 Mth - Series 1, 13 Mth Series 1
Optimix Dynamic Multi-Manager FoF Scheme - Series V
Optimix Dynamic Multi-Manager FoF Scheme - Series VI
Standard Chartered Fifty FIfty Equity Fund
February 12th, 2008
The US Markets that were weak during the first few hours reversed their course during the later part and closed the day in the green. NASDAQ is up 0.66%, DJIA up 0.48%, S&P 500 is up 0.59%
The news of Yahoo rejecting the offer from Microsoft claiming the offer to be undervalued is well taken by the markets. Microsoft reacted immediately quoting the the decision of rejection is an ‘unfortunate’ one. Statistical numbers says that Microsoft is pretty large compared to Yahoo except for the share in Search.
Yahoo closed the day up at $29.87 while Microsoft is down at $28.21. Another major update of the day is in the Dow Jones Industrial Average. Altria MO and Honeywell International (NYSE:HON) HON will be replaced with Bank of America (NYSE:BAC) BAC and Chevron CVX before the market open February 19.
Most advancing stocks on the NASDAQ are Empire Resorts, Inc., Possis Medical, Inc., John B. Sanfilippo & Son, Inc., Axcelis Technologies, Inc. and Labopharm Inc. while the most decliners of the day are NeuroMetrix, Inc., ADDvantage Technologies Group, Inc., LCA-Vision Inc., First Federal of Northern Michigan Bancorp, Inc. and General Communication, Inc.
February 11, 2008 - Closing Bell
February 12th, 2008