Concept Consultants

A compilation of annualised returns by Value Research shows only four equity diversified mutual fund schemes have given positive returns, With Sensex falling by over 8 per cent during this period it is a surprising growth that these four schemes have managed to perform in a positive way. The growth of these four recorded between 1 per cent and 2.57 per cent.

Mutual Fund

Those funds which have invested in non-Nifty, illiquid and high FII-ownership stocks have been affected the most, said Mr Sridhar.

While only four of the 137 equity diversified schemes gave positive returns, about 70 per cent of the equity diversified schemes have fared worse than both the Sensex and even their own benchmark indices.

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NIFTY TOP LOOSERS

SAIL was down by 3.89% and closed at 86.45
RELINFRA was down by 2.52% and closed at 563.50
TATAMOTORS was down by 2.40% and closed at 138.20
HINDALCO was down by 2.18% and closed at 44.95
HCLTECH was down by 1.92% and closed at 117.45

TOP NIFTY GAINERS

UNITECH was up by 9.64% and closed at 31.85
ZEEL was up by 9.63% and closed at 129.25
DLF was up by 9.04% and closed at 152.60
RELCAPITAL was up by 5.39% and closed at 409.50
BHEL was up by 4.41% and closed at 1452.40

Indian Market News, news BSE, markets, NSE, Sensex, top loosers & gainers, trading

Indian markets were on a winning streak as they ended in green back on positive points from global markets on wednesday, National Stock Exchange’s 50-share Nifty closed the day 0.69 per cent higher at 2803. Intraday, it touched a high of 2842.20 and low of 2780.70.

Nifty February futures provisionally ended at a widening discount of 28 points against 19 points on Tuesday. The contract price gained 0.39 per cent and open interest added 16 lakh shares. The sell quantity was nearly 1.5 times that of buy. This indicates build up of short positions in the contract at higher levels.

Reliance Industries February futures slipped 0.25 per cent while open interest added 1.94 lakh shares. The contract was provisionally ended at a discount of Rs 11, indicating modest short build up. State Bank of India February contract has also attracted modest short positions.

While DLF futures jumped 6.28 per cent, Educomp gained 2.84 per cent and Bharati Airtel rose 1.48 per cent. L&T fell 0.47 per cent while OI added 2.2 lakh
shares. ICICI Bank dropped 1 per cent adding 4.42 lakh shares in OI.

Source: Economic times

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KM SUGAR MILLS Limited has announced the Non-Consolidated   Results for the quarter ended on 31-DEC-2008 as follows:

Net Sales of Rs.3763 Lakhs  for the quarter ending on 31-DEC-2008 with Netprofit of -538 Lakhs with an EPS of -2.92 Other Income was at Rs 12 Lakhs and Total expenditure was Rs.4030 Lakhs.

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IFBIND Limited has announced the Non-Consolidated   Results for the quarter ended on 31-DEC-2008 as follows:

Net Sales of Rs.14349 Lakhs  for the quarter ending on 31-DEC-2008 with Netprofit of 22089 Lakhs with an EPS of 5.94 Other Income was at Rs 95 Lakhs and Total expenditure was Rs.13421 Lakhs.

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MMFL Limited has announced the Non-Consolidated   Results for the quarter ended on 31-DEC-2008 as follows:

Net Sales of Rs.4993.95 Lakhs  for the quarter ending on 31-DEC-2008 with Netprofit of 173.80 Lakhs with an EPS of 2.88 Other Income was at Rs 107.26 Lakhs and Total expenditure was Rs.4634.25 Lakhs.

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NIFTY TOP LOOSERS

M&M was down by 2.61 % and closed at 281.20
SUZLON was down by 2.21% and closed at 42
POWER GRID was down by 2% and closed at 85.75
HDFC BANK was down by 1.37% and closed at 885.85
HINDALCO was down by 1.34% and closed at 44.30
IDEA was down by 1.23% and closed at 44.30
RANBAXY was down by 1.15% and closed at 206.50
RELCAPITAL was down by 0.97% and closed at 372.55
UNITECH was down by 0.87% and closed at 28.65
NATIONALUM was down by 0.71% and closed at 189.05

TOP NIFTY GAINERS

TATA STEEL was up by 5.15% and closed at 179.55
ZEEL was up by5.01% and closed at 101.70
DLF was up by 4.97% and closed at 139.45
STER was up by 4.63% and closed at 279.30
SAIL was up by 3.87% and closed at 79.20
HCLTECH was up by 3.69% and closed at 122.10
MARUTI was up by 3.13% and closed at 602
ACC was up by 2.40% and closed at 531.05
ONGC was up by 2.16% and closed at 665.50
RCOM was up by 2.07% and cosed at 162.95
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RUCHI SOYA Limited has announced the Non-Consolidated   Results for the quarter ended on 31-DEC-2008 as follows:

Net Sales of Rs.299535 Lakhs  for the quarter ending on 31-DEC-2008 with Netprofit of 1138 Lakhs with an EPS of .57 Other Income was at Rs 1417 Lakhs and Total expenditure was Rs.302145 Lakhs.

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HMMFL Limited has announced the Non-Consolidated   Results for the quarter ended on 31-DEC-2008 as follows:

Net Sales of Rs.4993.95 Lakhs  for the quarter ending on 31-DEC-2008 with Netprofit of 173.80 Lakhs with an EPS of 2.88 Other Income was at Rs 107.26 Lakhs and Total expenditure was Rs.4634.25 Lakhs.

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AUTOLITIND Limited has announced the Non-Consolidated   Results for the quarter ended on 31-DEC-2008 as follows:

 Net Sales of Rs.1959 Lakhs  for the quarter ending on 31-DEC-2008 with Netprofit of 7 Lakhs with an EPS .08 Other Income was at Rs 167 Lakhs and Total expenditure was Rs.2027 Lakhs.

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