Investors should take this opportunity to look at asset allocation and realign their portfolio.
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The RBI has accepted the application withdrawal request, according to the statement.
Licence winners are expected to be announced by the first quarter of 2014.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
But much depends on govt action & global economy; Sensex gains in 2070 the biggest in five years
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
Since you are betting only on a few stocks, the risks are high.
Financial assets make a comeback as returns on physical assets falter.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
Within the next 3 months, most brokers will enable you to intelligently invest via mobiles in MFs, FDs, and IPOs.
The current bear run has already been the second longest since 1975.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
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