Adani Ports, NTPC, Infosys, Hindustan Unilever, HCL Technologies and Sun Pharma were among the other big gainers. However, Larsen & Toubro, Bajaj Finance, State Bank of India, Axis Bank and HDFC Bank were amonh the major laggards.
Finance Minister Nirmala Sitharaman on Tuesday said the securities transaction tax (STT) will be increased on futures and options (F&O) trade from October 1 to discourage retail investors from investing in the risky instrument.
"A lot of people in this country have given different definitions of secularism. I too have a right to give my own definition," Gujarat Chief Minister Narendra Modi said at a session of the Pravasi Bharatiya Divas in Delhi on Sunday, while replying to a query by New Yorker Sanjay Sinha."For me the definition of secularism is very simple: India first. That's it," Modi said, getting a huge round of applause from the NRIs.
A defence spokesman clarified that the civilian died when militants, escaping after attacking an army column, opened fire.
Although the recent turmoil in the market is viewed as a correction by the large fund houses, they are yet to foresee any good news, at least for the time being.
'Every parent knows his or her child's potential. The problem is that they are not ready to accept it. They think they can push the child beyond his capacity.'
SMCF aims to invest in scrips and sectors that are currently out-of-fashion, but hold potential
Over the past 25 years the MF industry has come a long way. Geographic reach has increased, many more customers have been added, more channels have been opened up and the product basket is full.
The onus is on you to reject financial products that don't suit your needs.
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