While the MRP of the device is Rs 37,380, Samsung Galaxy Note II is being sold at much lower prices on e-commerce portals.
Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game.
Though it has been more than six months since the ban on entry load on mutual funds (MFs) came into force, independent financial advisors (IFAs) are still shying away from selling MFs.
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
The rupee had ended five paise lower at 61.92 on Tuesday.
Experts expect the trend to continue in the near term.
Private-equity funds made an average annual return of just 7 per cent between January 2007 and December 2013 while the Sensex was up 11 per cent.
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
The dollar's weakness against other currencies overseas and a higher opening in the domestic equity market supported the rupee, forex dealers said.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Rupee ended weak against the dollar.
Criterion for corporates will effectively rule out entry for business houses.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Because of India's weak fiscal position, the plethora of debt-burdened infrastructure companies and the poor asset quality of public sector banks, economic growth in 2015-16 may be limited to about six per cent, say Shankar Acharya.
While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.
Tax Guru Anil Rego answers your personal income tax queries.
Last Saturday, USL board asked its Chairman Vijay Mallya to quit.
The rupee on Tuesday gained 14 paise to close at 61.88 against the dollar.
Investors should avoid jumping from their current funds into those that have outperformed lately, advises Arnav Pandya, a certified financial planner.
Ansuya Dutt, who never stopped fighting for women's rights, can be an inspiration to us never to lose sight of our basic beliefs, never mind peer pressure.
Both Obama and Modi have taken bold steps towards laying the groundwork to give a big push to Indo-US trade, and now it's time to execute, says Bikash Mohapatra.
Launches of new homes reduced drastically this year.
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
India's foreign exchange reserves declined by a whopping $4.343 billion to $367.646 billion.
'We would advise investors to hold on to multi-cap funds and not invest further until further clarity emerges.'
In the Anti Money Laundering (AML) Basel Index 2013 India has been ranked 93rd and 70th in 2012 and 2013 respectively out of 140 countries.
Following a meeting with Union Finance Minister P Chidambaram, foreign institutional investors expressed confidence in the economic reforms process of the Congress-led UPA government and are expected to increase their investments in India.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
