While there's tax arbitrage advantage in ULIPs now, experts say investors should prefer mutual funds for long-term savings.
The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 27,403 and 8,248 respectively.
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
The Sensex ended in red on domestic concerns.
Profit-booking and selling pressure on below-normal monsoon forecast, marred sentiments, traders said.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
The Sensex ended down 251 points at 27,351 and the Nifty shed 65 points to close at 8,228.
India Inc has few leaders who are likely to grab headlines in 2015.
Sensex is under pressure due to concerns in the global market.
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
.jpg)
Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.
Start 2017 with these five simple financial resolutions and you will put your family on solid ground financially, says D P Singh, executive director and chief marketing officer, SBI Mutual Fund.
Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Automobile sector accounts for the third-highest equity mutual fund contributions.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
'There is no change in the overall story of economic recovery.'
.jpg)
The 30-share Sensex ended 117 points higher at 26,560 and the 50-share Nifty gained 31 points to end at 7,936.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
Sensex surged 486 points or 1.9%.
The Sensex ended up 244 points at 28,504 on strong global cues.
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
If India grows at 8 per cent, the Indian banks will grow much faster.
Despite the rating agency CARE withdrawing the ratings assigned to the bank facilities of FIPL "with immediate effect" following the receipt of a no-objection certificate (NOC) from the banks, Modi's company received uninterrupted letters of undertaking (LoUs) from PNB, which were honoured by other banks until a few weeks ago.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances