NIFTY: The NIFTY had a reasonable upwards opening, suggesting that the market were willing to go higher. However, the first level of resistance at 12150 held on. The NIFTY eventually closed at the low of the day, around 12100. The index still closed higher by 76 points over yesterday’s close, thanks to the gap. It…
NIFTY: CORONA VIRUS With a lots of regret, we have to note that there is a significant change in risk approach due to the virus, all over the world. Financial markets have become risk averse during the last two days. We are confident that modern technology will overcome the virus sooner rather then later. But…
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Edelweiss US Technology Equity FOF scheduling from February 14, 2020 – February 28, 2020 primary investment objective of the scheme is to seek to provide long term capital growth by investing predominantly in JPMorgan Funds – US Technology Funds, an equity fund which invests primarily in US technology companies with strong fundamentals. An open ended fund of fund…
Indian Market Outlook: Domestic stock markets rallied this week with benchmark indices clocking gains of nearly 4 per cent after the February 1 Budget announcements triggered their worst single-day fall in at least 17 months. In the week ended on Friday, the Sensex rose 1406.32 points or 3.54% to settle at 41,141.85. The Nifty 50…
NIFTY: The NIFTY continued to gain for the fourth consecutive day, with the index closing at 12133.65, with a gain of almost 44 points, about 0.37%. A stunning rally during late afternoon saw the NIFTY move up to cross 12100 decisively and close above 12100. On January 29,2020, the closing of NIFTY was at 12132…
NIFTY: The NIFTY continued to gain for the third consective day, with the index crossing 12,000 decisively and close well above this number, with a gain of almost 110 points, about 0.90%. The BANK NIFTY continued to move with the NIFTY, gaining a similar amount. The IT index was a little lagging, but still ended…
ICICI Prudential India Equity FOF scheduling from February 05, 2020 – February 19, 2020 primary objective of the Scheme is to generate returns by predominantly investing in one or more mutual fund schemes /ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which invest in equity and equity related securities. An Open-ended Fund of Funds…
NIFTY: Volatile markets are a great fun to watch. Volatility makes the stock prices move to extreme points on the both sides-up and down. Saturday, budget day and yesterday (Monday) were days when the NIFTY was moving on the downside. Today was the exact opposite. The NIFTY opened with a mild higher gap, and…
IDFC Emerging Businesses Fund scheduling from February 03, 2020 – February 17, 2020 the Fund seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of small cap segment. Small Cap Fund – An open-ended equity scheme predominantly investing in small cap stocks. Summary Of Issue: Issue IDFC Emerging Businesses Fund Issue…