Financial shares were among the top gainers with HDFC leading the gains.
Government to infuse funds in cash-strapped banks.
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
The mutual fund (MF) industry has seen a fair number of new entrants in the last 10 years but none of them have proved to be much of a challenge for the larger players. The list of top 20 fund houses, which manage over 90 per cent of the industry's total assets, continues to be dominated by players who have been in the business for more than a decade. Bajaj Finserv MF may change that, say experts.
The S&P BSE Midcap and the S&P BSE Smallcap indices under-performed to lose 0.8% and 1.6%
Rajiv Raj tells you about some easy financing options to deck up your home
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
RBI declines to accede to plea, upheld by Padmanabhan panel, for priority sector tag; feels move would dilute claims of those needing it more.
The minister, who will also be meeting foreign institutional investors whose money is key to funding CAD in the afternoon, did not speak to reporters waiting outside.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Tamil Nadu Election Candidates, TN 2016, Deepika Election Live, Thanjavur Election are some of the apps keeping people hooked to their handsets.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
You can gift your sister a Women Special Credit Card, which is not only loaded with exciting rewards for women, but they are also your sister's first step towards a better credit management.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
The money is expected to be disbursed by the lenders consortium led by SBI after the Jet management submits an operational plan on how it intends to use the money till May 7.
Oil tanked to a 7-year low as OPEC decided to maintain production.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
On Tuesday, Finance Minister P Chidambaram had more than adequately made clear that the government would be allocating Rs 14,000 crore through Budget, the Financial Services Secretary said.
The agitation saw the participation of 147 farmers when it started, which number swelled to 325 by the time it ended.
The regulator has put a cap on the business a bank can get from a single insurer.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Just avoid these credit card mistakes and live your second innings in style, says Rajiv Raj
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
In order to be eligible for a loan when you really need one, it is imperative to maintain a good credit score. By having a good mix of debt and servicing it regularly, you can maintain a good credit score and be loan ready at all times.
Top four consequences for you to keep in mind before you miss a mortgage payment
Participants are keenly waiting for the January IIP.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Making purchases on your credit card can turn out to be a better idea. Here's why.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.