|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
capital market/11:49, Jul 06, 2015
NFO period is from 06 July to 13 July 2015
- HDFC Fixed Maturity Plan 1134D July 2015 (1) Floats On
- ICICI Prudential Multiple Yield Fund - Series 5 - 1825 Days Plan C Announces Dividend
- ICICI Prudential Interval Fund - Quarterly Interval Plan II Announces Dividend
- UTI MF Announces Dividend Under UTI-Unit Scheme for Charitable & Religious Trusts & Registered Societies
The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.
Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.
Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.
However, it is imperative to understand that demographics eventually shape the dynamics of an economy.
CIBIL REPORTS are being touted as the solution to all credit decisions. To my mind, such a mindset could be extremely damaging. In this article, I will try to explain why.