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Changes in BSE-100, BSE-200 indices
Our Markets Bureau
Mumbai, Feb 11: The Index Committee in its meeting held on February 9, 2001, has made changes in BSE-100 and BSE-200 indices with effective from March 26. Philips (I) Ltd would be an outgoing stock and Sterlite Optical Technologies Ltd would be an incoming stock from both the indices. Gujarat State Fertilisers & Chemicals Ltd and Indian Oil Corporation would be the other outgoing and incoming stocks in the BSE-100 index respectively. SPIC and Saregama (I) Ltd are the other outgoing and incoming stocks to be brought in the BSE-200 index respectively. Birla Cash Plus declares dividendBirla Cash Plus-dividend reinvestment plan has declared its weekly dividend of Rs 0.013 per unit under its dividend reinvestment plan for the period Feb 3 to Feb 9, 2001. The record date for the dividend has been fixed as Feb 9, 2001. The investors in the dividend re-investment plan would be allotted dividend units on Feb 10, 2001, based on the NAV of the record date after booking the dividend. With the declaration of the dividend, it translates to 6.78 per cent of the face value and 5.45 per cent of the previous ex-dividend NAV on annualised basis to the investor.FIIs, MFs net sellers for week ended February 8
During the week ended February 8, 2001, foreign institutional investors (FIIs) and mutual funds (MFs) were net sellers. FIIs were sellers this week with net outflows of Rs 134.6 crore, the total outflow in equity was Rs 145.8 crore, while in debt there were total inflows of Rs 11.2 crore. The total investments made by FIIs during the month of Feb as on Feb 8, 2001 was Rs 255.6 crore. The total investments made during the current year as on Feb 8, 2001 was Rs 4,528.9 crore. MFs were sellers during the week ended Feb 8, 2001 with net outflows of Rs 8.31 crore. Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
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