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Saturday, March 21, 2009
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MUTUAL FUNDS: Gold ETFs’ collections decline, net asset value surges
‘Not many entered the space due to high prices’. Mumbai, March 20 Collections for the five listed gold Exchange Traded Funds have dipped in February over the previous month, though their assets under management (AUM) increased as net ...

MUTUAL FUNDS: Fixed maturity plans: Fund managers hope to retain part of money redeemed
Ultra short-term, liquid funds likely to attract investors. Mumbai, March 20 With 195 fixed maturity plans totalling over Rs 16,000 crore headed for maturity by April end, fund managers are hoping that some of the money will be reinvested in ...

STOCKS: Metal stocks firm up on Fed package
BSE Metal gains 83 points to touch 5260. Mumbai, March 20 Metal stocks in the Bombay Stock Exchange bucked the all round bearish trend on expectations of an early revival in the global economy after the board of United States Federal Reserve ...

COMMENTARY: Markets this week
The Indian markets opened the week with a positive bias owing to fresh buying in European markets and higher US index futures on hope of early end to the bear phase. Another contributory factor is the positive statement from the Fed ...

FINANCIAL MARKETS: Unctad stresses on monitoring of financial instruments
Proponents of financial deregulation or financial market liberalisation may not relish the key finding of the latest UN report which concluded that “a sustained process of financial deregulation — within countries and ...

STOCKS: JM Asset buys stake in JM Financial from co-promoters
Kolkata, March 20 JM Asset Management, a subsidiary of JM Financial, on Friday bought 12 lakh shares of JM Financial at Rs 20.2 each and SNK Investments, another promoter group outfit, also bought 12 lakh shares at Rs 20.10 a share in ...

FINANCIAL SERVICES: Geojit launches online trading in currency derivatives
Kochi, March 20 Geojit Financial Services on Friday launched Internet trading in currency ...

ASSET MANAGEMENT COMPANIES: ‘Monthly disclosure must for close-ended debt funds’
Mumbai, March 20 SEBI has made it mandatory for asset management companies to disclose the portfolio of debt oriented close-ended and interval schemes at the end of ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (March 20)
Nifty (at close)2,807.05 (-0.10)
US Dollar (Buy/Sell)50.63/64
Brent crude (a bbl) Rs2,493
Gold (a gram) Rs1,432
Silver (a kg) Rs23,490

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