Mutual fund institutions are always coming out with new and innovative fund offer (NFO) plans. There are now 15,14,21,270 mutual fund schemes with approximately 46,27,687.23 crores in assets under administration. The allure of market returns has prompted more investors to choose equity fund schemes over debt schemes that provide stability, albeit at significantly lower yields….
Vikas Lifecare shares are one of the penny stocks under 10 rupees, and the small-cap firm may have more stock float in the approaching times. The board of directors of the penny stock under 10 has approved the issuance of an additional 10 crore warrants convertible into stocks on a preferential basis. The preferred shares…
Many taxpayers expressed dissatisfaction over receiving notices for claiming deductions that are exclusive to cooperative groups. However, they must reply within 15 days to avoid having their refunds altered or having to pay more taxes. Numerous taxpayers have contacted tax mediators and experts once more even though the final day to e-verify income tax returns…
Markets move out of 5-week low; metals, real estate better Markets move out of 5-week losing streak and made a healthy gain in the week ending September 1. Global benchmarks faced pressure from mixed signals, August’s weak monsoons, and surging oil prices. Nonetheless, robust GDP and industrial data boosted investor confidence on Friday. The Nifty50…
Global market update: Wall Street ended the day higher on Friday due to talk of a rate delay at the US Fed meeting scheduled for September 2023. While the tech-heavy Nasdaq concluded the Friday session slightly lower, two of the three major indices ended the day higher. On the final day of the previous week,…
Mutual fund (MF) houses are hard at work introducing new plans in an effort to capitalize on the expanding market. This month, at least six MF houses will close their new fund offerings introduced new fund offerings (NFOs). introduced new fund offerings (NFOs) for Navi S&P BSE Sensex Index Fund, Shriram Multi Asset Allocation Fund,…
After statistics on weekly unemployment and inflation, US stocks concluded the day with a mixed bag. In order to gain insight into the Fed’s stance for monetary policy, investors are eagerly anticipating the employment numbers that are coming on Friday – Global market update. In order to reach 4,507.66, the S&P 500 dropped 7.21 points,…
Thermax has a buy rating and a target price of Rs. 3235 according to Sharekhan s research report from August 31, 2023, which is optimistic on the company. Analysis of Thermax by Sharekhan In the FY23 annual report, it is stressed that by diversifying its product line and broadening the breadth of its services and…
The Royal Enfield Bullet 350, with a basic model price of Rs 1.73 lakh, was also introduced, according to a regulatory filing by the business- Eicher Motors increase. Manufacturing of commercial vehicles, including trucks, buses, and motorbikes, is a business activity for Eicher Motors Limited. The company revealed that it sold 6,476 automobiles in the…
Live Stock Market Updates: Benchmark equity indices increased on Friday as mixed global cues led investors to appear cautious. Investor mood improved as a result of the economy’s 7.8% growth in the three months ending in June, the highest level in the previous four quarters. Both the Sensex and the Nifty had a majority of…
