'The recent US jobs report has eased fears of a hike in the Fed meeting.'
For existing investors, it may be prudent to redeem their current investments in gilt or dynamic schemes and invest it in short-term funds, if the exit load is not very high, advises Malhar Majumder.
Here's a recap of events that occurred in India in the past 24 hours.
Supported by greater demand from both domestic and external markets, total new business rose at the fastest pace since March
Oil, banks eneded the day in green while few in auto sector lost heavily.
Reaching out to the opposition, Prime Minister Narendra Modi on Sunday sought its cooperation in the passage of GST bill even as it asserted that government will be targeted over developments in Arunachal Pradesh and Kashmir during Parliament's Monsoon Session starting on Monday.
'The worst affected is the electricity supply. A huge number of poles, some 6,000 to 8,000 poles have been damaged completely. That will take a lot of time for restoration.'
'If you look at this Budget, except for the Rs 2 increase in petrol and diesel, there is no positive or negative impact from the Budget for the common man.'
'While the farmers are reeling under a huge debt burden, crop loss due to locust attacks and erratic rainfall, the state is also facing a COVID-19 challenge.' 'In this situation, you have Congress and BJP MLAs trying to outwit each other in a game of thrones'
The not-so-mini MINI Countryman is the first 5-door model from the company under BMW ownership and also the only model which isn't manufactured in the UK. Positioned as a crossover SUV, the niche vehicle has garnered a cult following in India as well due to its premium looks and supreme driving dynamics. Thus MotorBeam.com decided to test the latest edition of the car and give their opinion about the British offering.
After the Kerala government declared the coronavirus outbreak as a 'state calamity', as the three positive cases were detected from Thrissur, Alapuzha and Kasaragod, tourism minister Kadakampally Surendran admitted that the sector had suffered a hit. The sector had aggressively launched promotional advertisements in the domestic and international markets after the floods to revive the sector. However, all the efforts took a beating, with mass cancellations of hotel bookings after the outbreak of the infection in the state was reported.
As advertising reaches a cacophonous pitch, as it does every year around this time, brands say they are finding newer and more effective ways to reach their audiences.
Divya Nair spent eight hours getting home September 4. Thankfully she reached safe. And was able to appreciate the human side of her journey. Her story is not any more unusual than that of so many other city residents last Wednesday. But why should anyone have to spend eight hours getting home on an average rainy day in Mumbai? Why?
Why do hundreds, and in some cases, thousands, turn up for a single vacancy at the lowest rungs of government jobs? The answer is simple: It offers a stable, assured income, which overcomes all other objections, says Shreekant Sambrani.
Sensex surged 486 points or 1.9%.
Growth numbers for the large players in the sector, though, improved during the quarter.
Though people from relief camps have started returning to their homes, more than 10.40 lakh people were still in 2,770 camps across the state.
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
Scanty rain would have put extra pressure on food prices.
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
8 Thai boys were brought out of the over the first two days.
The price is at a 4-year low, stabilising around Rs 25,000/10gm.
Traders are closely watching the progress of the monsoon.
Excise duty hike for cigarettes could be lower.
On Thursday, all airlines (except for Air India) reduced fares on key domestic routes such as Delhi-Mumbai, Delhi-Bengaluru, Mumbai-Bengaluru, among others.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Paris-based international advisory firm Mazars predicts four per cent growth in India's automobile sector this financial year.
While the RBI, in the recent past, appeared keen to move to an inflation-targeting framework, industry and academia remain divided on this issue.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
The athletic silhouette with the dynamic flat rear window signalise urban sportiness.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Yadav asked the centre to send tankers in large numbers to the parched Bundelkhand region for supply of water from dams and canals there.
This is your chance to squeeze in a quick trip before the monsoon sets in.
Gold was Rs 28,100 per 10 gm on July 26, 2014.
Considering the rising dengue cases, the affordability and availability of such a plan makes it worth buying, says Harjot Singh Narula
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
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