Mutual funds set to capture 30% of savings by 2004-05: Ficci study
The Indian mutual fund industry is expected to mobilise around 30% of the financial savings over the next five years. The MF industry would mobilise close to Rs 92,000 crore over the next five years, says a Ficci study titled `Mutual funds-future prospects'.

Anagram gets NSE nod for online trading
Anagram Securities, part of the Rs 2000-crore Lalbhai group, is set to launch its Internet-based online trading services under Moneypore.com. The site has received approval from the NSE.

Index futures showing strong growth signals
Indian capital markets witnessed the emergence of a new market when Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) started trading in Index Futures last month on their popular indices- BSE Sensex and S&P CNX Nifty respectively.


  MRO-TEK may settle for a floor price of around Rs 150 for its Rs 75 cr IPO
  Wanadoo is floated with 10.5% premium
  Radiant Software plans Rs 26cr IPO; likely to peg price around 150
  Foreign markets
  HDFC Asset Management to unveil 3 more funds this fiscal
  Canbank MF pays 10% dividend in Canganga


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