SBI MF launches two debt schemes

SBI Mutual Fund has introduced SBI Debt Fund Series -180 Days-12 and 370 Days - 8. SBI Debt Fund Series -180 Days -12 will be open for subscription from November 1, 2010 to November 2, 2010 and SBI Debt Fund Series -370 Days - 8 will be open for subscription from November 8, 2010 to November 15, 2010.

The units of the scheme will be listed on National Stock Exchange of India.


Source : www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Fund Manager Changes for DSPBR Technology.com

DSP BlackRock Mutual Fund has decided to change the fund manager under DSPBR Technology.com Fund, with effect from October 22, 2010.

Mr. Aseem Gupta will cease to be a fund manager of this scheme. Consequently, Mr. Apoorva Shah will be the sole fund manager for the aforesaid scheme.


Source : www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ICICI Prudential Blended - Plan B: Dividend Declaration

ICICI Prudential Mutual Fund has approved the declaration of dividend under the dividend option of ICICI Prudential Blended - Plan B (Retail & Institutional).

The quantum of declaration is 0.635 per cent and 0.563 per cent, respectively.

The record date is November 2, 2010.


Source : www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

HDFC MF launches two debt schemes

HDFC Mutual Fund has introduced HDFC FMP 370D November 2010 (2) and HDFC FMP 100D November 2010 (2) under HDFC FMP Series - XVII. HDFC FMP 370D November 2010 (2) will be open for subscription from November 9, 2010 to November 22, 2010 and HDFC FMP 100D November 2010 (2) will be open for subscription from November 22, 2010 to November 25, 2010.

The units of the schemes will be listed on National Stock Exchange of India.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Religare MF launches Religare FMP - Series IV - Plan B

Religare MF has introduced Religare Fixed Maturity Plan - Series IV - PlanB ( 6 months ) under Religare FMP - Series IV - Plan A to F. The scheme will be open for subscription from November 10, 2010 to November 11, 2010.

The units of the scheme will be listed on NSE of India.

Source : www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIPConsultants Pvt Ltd

Escorts Mutual Fund declares dividend in two of its schemes

Escorts Mutual Fund has approved the declaration of dividend under the dividend option of Escorts Income Plan and Escorts Opportunities Fund.

The quantum of declaration is 0.7 per cent under Escorts Income Plan and upto 0.981 per cent under Escorts Opportunities Fund.

The record date is November 4, 2010.

Escorts Floating Rate Fund is being changed to Escorts Short Term Debt Fund, with effect from November 15, 2010.

Source : www.valueresearchonline .com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Important US Economic Data releases for this week

The Important US economic data releases for this week (1 - 5 Nov):

Monday (1 Nov)
Personal Income and Outlays
ISM Manufacturing Index
Construction Spending

Tuesday (2 Nov)
FOMC Meeting Begins
Motor Vehicle Sales

Wednesday (3 Nov)
ADP Employment Report
Factory Orders
ISM Non-Manufacturing Index
EIA Petroleum Status Report
FOMC Meeting Announcement

Thursday (4 Nov)
Monster Employment Index
Jobless Claims
Productivity and Costs
EIA Natural Gas Report

Friday (5 Nov)
Pending Home Sales Index
Employment Situation
Consumer Credit

Thanks,

Gaurav agarwal

Head Dealer

DENIP Consultants Pvt Ltd

Results to be announced on 2nd, 3rd & 4th November 2010

Source: www.bseindia.com

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

JSW Energy Q2 net profit up at Rs 185 cr

JSW Energy, a part of JSW group, has announced its results for the quarter ended September 2010. It has reported net profit at Rs 185 crore as against Rs 174 crore.

Net sales jumped to Rs 772 crore from Rs 558 crore.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DB Realty Q2 cons net profit jumps at Rs 120 cr

Mumbai based real estate company DB Realty has announced its results for the quarter ended September 2010. It has reported consolidated net profit at Rs 120 crore as against Rs 32.8 crore (YoY).

Consolidated net sales increased to Rs 339 crore from Rs 276 crore (YoY).


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd