Money Tree

Salient Features :

Issue Opens on : February 15,2007
Issue Closes on : February 23,2007
Issue Size : 81,00,000 Equity Shares
Issue Type : Fixed Price
Face Value : Rs.10/-
Price Range : Rs.25/-
Market Lot : 200

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SALIENT FEATURES OF THE SCHEME

TYPE OF FUND : OPEN ENDED EXCHANGE TRADED FUND

FUND OPENS ON : FEBRUARY 15, 2007
FUND CLOSES ON : FEBRUARY 23, 2007
Price per unit : Rs.100 for cash
Name of the Fund : Benchmark Mutual Fund
Name of the AMC : Benchmark Asset Management Company Pvt.Ltd

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Salient Features of the Issue

Issue Opens on : February 14,2007
Issue Closes on : February 23,2007
Issue Size : 35,68,250 Equity Shares
Issue Type : Book Building
Face Value : Rs.10
Price Range : Rs.221/- to Rs.257/-
Tick Size : Re 1/-
Market Lot : 25

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Salient Features :

Issue Opens on : February 14,2007
Issue Closes on : February 22,2007
Issue Size : 29,71,000 Equity Shares
Issue Type : Fixed Price
Face Value : Rs.10/-
Price Range : Rs.115/-
Market Lot : 50

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Salient features of the Issue

Issue Opens : FEBRUARY 12, 2007
Issue closes : FEBRUARY 15, 2007
Issue Size : Rs.2125/-Crore
Issue Type : Book Building
Face Value : Rs.10/-
Price Range : Rs.65/-to Rs.75/-
Tick Size : Re.1/-
Market Lot : 90
Minimum Order Qty : 90
Listing Stock Exchange: NSE, BSE

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Salient features of the Scheme

Fund opens on : February 12,2007
Fund closes on : March 12,2007
Nature of the Scheme : A 3-year Close-ended Equity Growth Scheme
Benchmark Index : BSE Mid Cap
Trustee : Kotak Mahindra Trustee Company limited
Maturity of the Scheme : 3-years after the date of allotment.

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Salient Features :

Issue Opens on : February 15,2007
Issue Closes on : February 23,2007
Issue Size : 1,01,66,700 Equity Shares
Issue Type : Book Building
Face Value : Rs.10/-
Price Range : Rs.65/- to Rs.75/-
Tick Size : Re.1
Market Lot : 90
Minimum Order Qty : 90
Listing Stock Exchange : NSE, BSE

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The markets are expected to remain flat during the day. NIFTY has a strong support ar 4200 levels.

Parsvnath Developers was not able to sustain above 400 and now it seems that it might break its support level at 480. Once 480 is broken, it might fall heavily to form another bottom. It is recommended to sell the stock if you are holding it and wait till it has bottomed out to re-enter.
Short selling in the scrip is also recommended for the day.

The base metals which fell sharply yesterday in the global markets have recovered today. Stocks like steralite industries (487) and Hindustan Zinc which fell down with the fall in commodities can be bought at these levels.
The global cues today are flat to positive and the markets are making new highs and this rally is expected to take the NIFTY to 4280 levels.

A strong pull back was seen on Friday and a lot of short covering was witnessed. Today, We are having mixed global cues with Dow Jones down a bit and Nasdaq up a bit.
Asian markets have also opened mix with NIKKEI down about 160 points and Kospi, Heng Seng and Straits Times almost flat.
The precious metal commodities slipped from 5 to 9 percent in the global markets yesterday due to selling by a US Hedge Fund Red Kite which lost about 20 percent in January. There will be a lot of pressure on the metal stocks. Try avoid them today.
These metals included Zinc, Copper, Aluminium and Gold.
Crude is now back to $60 per barrel and indian markets are at all time highs. The markets are looking strong but the put call ratio and other data indicates that a mild correction may be in the offing. But the overall mood of the markets is positive and does’nt seem to be cracking in the next couple of days.

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