Diversified equity funds put in a smart performance despite a downward trend in equity markets over the week.
Remember you can invest in a new fund offer tomorrow, but your tax-planning clock has already started ticking.
With all the euphoria in the equity markets, there seems to be a mad rush to invest in diversified equity funds.
Mutual fund investors had much reason to cheer as equity markets posted one of the strongest weekly gains in the recent past. \n\n
The market was all set for another positive opening today and one of the major triggers was the successful Maruti IPO that gave PSU stocks the desired push.
The sentiment remained cautiously optimistic on the premise that a quick and successful war could herald the end of a protracted period of economic and financial uncertainty.
Investors must resist the temptation to get invested with a view to rake in quick profits and should instead utilise the opportunity to book a part of their profits and restructure their portfolios.
Oil, banks eneded the day in green while few in auto sector lost heavily.
The rupee had retreated from three-week high and ended six paise down at 60.67 against the dollar on demand from importers for the US currency in Thursday's trade.
Experts say the BSE Sensex could rise to around 32,000 in a year.
Asian shares have begun the week on a plaintive note.
Tech Mahindra and United Spirits will replace them in the 50-share index of the National Stock Exchange with effect from March 28.
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
The market direction will be guided by corporate earnings, especially the oil & gas companies, since they were responsible for earnings disappointment in the past quarter as well.
Banking shares are down up to 11% after the Reserve Bank of India has increased the policy repo rate by 25 basis points from 7.25% to 7.5% with immediate effect.
This weakness is likely to continue in the near-term.
If investors still have appetite to buy shares in one of the region's most expensive markets, Coal India might stack up.
Some of Modi's biggest reforms have met with fierce political opposition.
On the gaining side, Hero Moto, SBI, HDFC, HUL and L&T have gained between 1-1.4 per cent.
Similarly, the wide-based 50-issue CNX Nifty of the NSE jumped 109.30 points, or 1.46 per cent, to end above 7,500-mark for the first time at 7,583.40.
Investors booked profits after strong 641-point rally in the previous two sessions, brokers said.
Companies shipping to Europe to see rupee revenues coming under pressure.
In 2014, the benchmark Sensex rose by 6,328.74 points or 30 per cent and recorded a record high of 28,822.37 on November 28.
Profit-booking and selling pressure on below-normal monsoon forecast, marred sentiments, traders said.
Nifty has a virtual monopoly in the index derivatives segment.
Analysts say that the focus now shifts to global events
Markets ended in red; index heavyweight under pressure.
A fall presents an opportunity to buy rate-sensitive stocks.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
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Modi has plenty of opportunities to test out his strategy. Chinese President Xi Jinping and Australian Prime Minister Tony Abbott will visit India this month, and Modi will fly to Washington towards the end of September for a summit with US President Barack Obama.
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
Can the poll outcome be a trigger for a meaningful correction?
The fall in metal and mining stocks comes on the back of weak Chinese trade data
FMCG stocks have underperformed the market, falling 2.2 per cent so far in 2014.
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