Archive for March 4th, 2008

NSE completes its 2016th Normal Settlement

The Exchange has successfully completed its 2016th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2008044 on March 4, 2008. The settlement statistics is as follows:     

Particulars
Values

 

N – 2008044

Total traded quantity (lakhs)

6815.60

Total traded value (Rs. In Crores)

15793.46

Total value of the settlement (Securities) (Rs. In Crores)

3857.26

Total value of the settlement (Funds) (Rs. In Crores)

1327.06

Shortages for the settlement

0.27%

% of  Delivery ( No. of shares deliverable / No. of shares traded )

21.69%

Retail Debt Market have completed its 1290th settlements details of which is as follows:

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2008044

NIL

NIL

NIL

 

Add commentMarch 4th, 2008

News about ICICI Bank Limited

The media had reports that ICICI Bank Ltd has lost $264 million till Jan 31, 2008 due to subprime crisis.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

ICICI Bank Ltd has vide its letter inter-alia stated, “The bank has no material direct or indirect exposure to US sub-prime credit. The widening of credit spreads in the international markets have resulted in a negative mark-to-market impact on the credit derivatives and fixed income investment portfolios of the Bank and its overseas banking subsidiaries, while there has been no significant deterioration in actual credit quality of the underlying investments. ICICI Bank and its overseas banking subsidiaries have an aggregate exposure of USD 2.2 billion in credit derivatives. As of January 31, 2008, the mark-to-market negative on this portfolio due to movement of credit spreads was about US$ 155 million of which USD 88 million had been provided for in the financial statements of the bank and its subsidiaries for the nine months ended December 31, 2007. In addition, ICICI Bank and its overseas banking subsidiaries have fixed income investment portfolios which have a mark-to-market negative due to widening of credit spreads. As of January 31, 2008 this negative was about US $108 million of which US $ 101 million had been accounted for in the financial statements as of December 31, 2007. This includes mark-to-market on the available for sale portfolio which has been accounted for in the shareholders’ equity. It may be noted that unrealized gains on ICICI Bank’s other investment portfolio has not been considered in above.”

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Mutual Fund New Fund Offers in IPO - March 4, 2008

ABN AMRO Mutual Fund
ABN AMRO FIXED TERM PLAN - SERIES 10 PLAN E

AIG Global Investment Group Mutual Fund
AIG Short Term Fund

Franklin Templeton Mutual Fund
Templeton Fixed Horizon Fund - Series VII - Plan B

HDFC Mutual Fund
HDFC FMP 14M February 2008
HDFC FMP 90D February 2008 (2)

ING Mutual Fund
OptiMix Active Short Term Fund

JM Financial Mutual Fund
JM Tax Gain Fund

Lotus India Mutual Fund
LOTUS INDIA FIXED MATURITY PLAN -13 MONTHS-SERIES IV
LOTUS INDIA FIXED MATURITY PLAN-375 DAYS-SERIES VII

Mirae Asset Mutual Fund
Mirae Asset India Opportunities Fund

Sahara Mutual Fund
Sahara FMP 3 Months Series 3
Sahara FMP 3 Months; Series 4
Sahara FMP 395 Days Series 2
Sahara FMP- 395 Days- Series 3

Tata Mutual Fund
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
Tata Growing Economies Infrastructure Fund Plan A - Growth
Tata Growing Economies Infrastructure Fund Plan B - Dividend
Tata Growing Economies Infrastructure Fund Plan B - Growth

Add commentMarch 4th, 2008

Mutual Fund Draft Offer Documents - March 3, 2008

Draft offer documents for the following mutual fund schemes are submitted and are put for public view and commenting:

Sundaram BNP Paribas FTP - 90 days - Series 7

2 commentsMarch 4th, 2008

ICDM and F & O Turnover details - March 4, 2008

Value of deals reported on ICDM on th March ,4th  , through ICDM System is = Rs. 43.63 Crs.
Number of deals reported : 19

Please find herein below data on F&O turnover (one sided) for the trade date 4th March 2008.
1.) Sensex Futures = Rs 1001.40 crores.
2) MiniSensex Futures = Rs 0.27 crores.
3) Total F&O Turnover = Rs 1004.11 crores.
All the above values represent one sided turnover.

Kalyan S. Bose
Corporate Affairs
Bombay Stock Exchange Ltd

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