Results to watch out for next week
India Infoline News Service Apr-21-2018
HDFC Bank, Maruti and Bharti Airtel are few big names coming out with quarterly earnings next week.
News that mattered during the week
India Infoline News Service Apr-21-2018
Companies that made headlines during the week
Nifty forms another Hanging Man pattern, indicates uncertainty
India Infoline News Service Apr-21-2018
Going forward, a fresh breakout is likely only if Nifty manages to break and close above the 10610-10630 zone.
The week that was, Nifty extend rally to 4th week in a row
India Infoline News Service Apr-21-2018
IT index rose by 4.8%, Metals index surged by 4.5%, FMCG index gained by 4%.
Aditya Birla SL Tax Savings Fund merges into Aditya Birla SL Tax Relief 96 Fund
India Infoline News Service Apr-20-2018
Aditya Birla Sun Life Mutual Fund has decided to merge Aditya Birla SL Tax Savings Fund into Aditya Birla SL Tax Relief 96 Fund. Both the funds are tax-saving schemes (ELSS), investments in which are tax deductible under section 80C of the Income Tax.
High-yield spread fails test of 2007 tights; Fund inflows surge
India Infoline News Service Apr-20-2018
Among the negatives are equities, mixed corporate earnings, Treasury and oil weakness, while the biggest fund inflow since December 2014 boosted sentiment.
Aditya Birla SL Tax Savings Fund merges into Aditya Birla SL Tax Relief 96 Fund
India Infoline News Service Apr-20-2018
Aditya Birla Sun Life Mutual Fund has decided to merge Aditya Birla SL Tax Savings Fund into Aditya Birla SL Tax Relief 96 Fund. Both the funds are tax-saving schemes (ELSS), investments in which are tax deductible under section 80C of the Income Tax.
Changes in SBI Mutual Fund scheme attributes
India Infoline News Service Apr-17-2018
The main purpose of the circular is to standardize the scheme categories and characteristics of each category. The circular has suggested 36 sub categories in total within main categories such as equity schemes, debt schemes, hybrid schemes, solution oriented schemes and other schemes.
Mutual fund AUM at Rs21.36 lakh cr in March 2018
India Infoline News Service Apr-12-2018
The AUM of the mutual fund industry was up 21.7% from Rs17.55 lakh crore in March 2017.
Net inflows in equity mutual funds decline 80% mom to Rs2,954cr in March
India Infoline News Service Apr-09-2018
The significant rise in outflows from equity mutual funds led to the dip in net inflows.
Top stocks bought and sold by mutual funds in Feb 2018
India Infoline News Service Mar-17-2018
Since the market has entered in the phase of consolidation, investors should focus on the longevity of investments. Retail investors can follow the actions of fund managers as they regularly align their portfolio to beat the market.
Top reasons why one should invest in ELSS
India Infoline News Service Mar-11-2018
Equity-linked savings schemes, commonly known as ELSS, are mutual funds that primarily invest in equities. ELSS offer higher returns due to investment in the equity market, along with other tax benefits under Section 80C of the Income Tax Act.
Jaypee Infratechs lender unhappy with bids received; Seeks higher bids
India Infoline News Service Apr-17-2018
India Infrastructure Finance Company Ltd (IIFC), the second largest lender to Jaypee Infratech Ltd (Jaypee), is unhappy with the bids received for the company and has conveyed the same to IDBI, the biggest lender to Jaypee, media reports suggested.
Brent Crude Oil prices top $70; Oil refiners, Aviation, others feel the pinch
India Infoline News Service Apr-11-2018
Sectors like oil refiners, aviation, tyres, paints may have to bear the burden of rising crude prices as crude and crude derivatives are essential raw materials for companies within this sectors.
Smartlink board to consider buyback of shares; Shares locked in upper circuit
India Infoline News Service Apr-05-2018
Smartlink Network Systems Ltd, a Goa based IT networking products company, was locked in upper circuit on the stock exchanges today after it announced that it will consider buyback of shares in a meeting to be held on Apr 7, 2018.
Kansai Nerolac to acquire 100% stake in Marpol Pvt Ltd in an all-cash deal
India Infoline News Service Apr-05-2018
Kansai Nerolac Paints Ltd (KNPL), Indias third largest listed paints company, in a statement to the stock exchanges said that it will acquire 100% stake in Marpol Pvt Ltd (Marpol).
Zee Learn is in talks with MT Educare to buy a controlling stake
India Infoline News Service Dec-04-2017
Zee initially plans to buy the entire promoter share of 42.78%
K E C International undertakes restructuring of subsidiaries
capital market Oct-05-2017
K E C International undertakes restructuring of subsidiaries
Bonds yields surge tracking higher crude oil prices
India Infoline News Service Apr-20-2018
Today, the markets are expected to remain volatile and might react negatively.
RBI MPC minutes sounds a bit hawkish than the outcome
India Infoline News Service Apr-19-2018
RBIs deputy governor Dr. Viral V. Acharya stated that he is likely to shift decisively to vote for beginning of 'withdrawal of accommodation' in Junes meeting.
Rupee slips for the 4th straight day
India Infoline News Service Apr-19-2018
The Indian rupee fell for the 4th straight day against the dollar as crude oil prices jumped to their highest level in 3 years. The rupee was trading at 65.79, down by 13 paise against the US dollar. The Indian rupee opened 18 paise down at 65.84 against the US dollar today.
Indias cash woes a tale of logistic mis-match rather than just cash shortage
India Infoline News Service Apr-18-2018
The tight cash situation witnessed across various states in the country that pushed the government and Reserve Bank of India (RBI) into fire-fighting mode and is being colloquially called Demonetisation 2.0, seems to be a problem of logistical mis-management rather than just the shortage of cash as it is portrayed to be.
Cash dries out in many states across the country; Govt steps up printing notes
India Infoline News Service Apr-17-2018
Bringing back memories of post-demonetization woes, cash in ATMs across many key states have run out. For the last few weeks, several states across the country have seen their ATMs run out of cash, media reports suggested.
World Bank forecasts 7.3% growth for India this year
India Infoline News Service Apr-17-2018
In its report the World Bank said, India should strive to accelerate investments and exports to take advantage of the recovery in global growth.
