Oil bears get out of the way as crude’s rebound takes hold

0
Crude oil’s rally is starting to sweep away the pessimists. After starting 2019 on a cautious tone, hedge funds last week slashed bets on falling Brent crude prices to the lowest level since mid-November, as they looked to get out the way of a recovery that pushed oil back into a bull market. Wagers on increasing prices climbed the most...

Sensex falls over 200 points; TCS, ITC drag

0
New Delhi: The BSE benchmark Sensex Monday dropped over 200 points tracking weakness in other Asian markets amid heavy selling by foreign investors. Market sentiment also turned cautious ahead of the release of key macroeconomic data. The 30-share index fell 219 points 35,790.81 in early trade. Similarly, the NSE Nifty shed 67 points to 10,727. According to analysts, this...

Sensex, Nifty struggle; TCS, Bharti Airtel among top losers

0
Mumbai: The benchmark BSE Sensex rose over 65 points in early trade Friday following value-based buying in auto, oil & gas, and metal sectors amid positive trend at other Asian markets and rising rupee. The 30-share index was trading 68.58 points, or 0.19%, higher at 36,175.08. The gauge opened on a positive note and touched a high of 36,214.26...

Opinion | Why you should not worry about elections

0
I started 2018 with a certain portfolio size. After investing an additional amount, the portfolio is still at its original size. Why don’t you reshuffle my portfolio, so it performs better? What do you think will happen to the market after the elections? Will it fall further? Why are we not taking proactive steps to move my portfolio...

Sensex rises 200 points, Nifty crosses 10,850; Infosys, Axis Bank, Tata Motors top gainers

0
The Sensex and Nifty opened higher in trade today supported by a rally in Asian markets amid reports that trade talks between US and China could be extended to a third day.  While the Sensex opened 200 points higher at 36,181, the Nifty gained 63 points to 10,865 in early trade. Of 30 Sensex stocks, 26 were trading...

NBFC crisis batters realty, home sales grow just 6% in 2018

0
Mumbai: Real estate developers in 2018 shook off the previous year’s lethargy with 76% higher home launches, even as sales grew at a more sedate 6%, as a cash crunch in the latter part of the year crimped a sustained recovery. NBFC crisis batters realty, home sales grow just 6% in 2018 The surge in home launches—1,82,207 units across...

How to create an emergency fund using mutual funds

0
Most of us don’t have a crystal ball to peep into the future, so it’s imperative that we set aside four-six months’ expenses to tide over circumstances which may happen outside our plan or expectations and, it has to be done when things look normal. We have seen ants collect extra food for the rainy days when they...

ICICI Bank, Small Business FinCredit join hands to provide loans to MSMEs

0
ICICI Bank and Small Business FinCredit will jointly provide loans worth up to Rs 1 crore to the small and medium enterprises. ICICI Bank on Friday said it has singed a memorandum of understanding with Small Business FinCredit India Pvt Ltd (SBFC) to jointly provide credit to micro, small and medium enterprises (MSMEs). ICICI Bank, Small Business FinCredit join...

Sensex rises over 150 points, Nifty hits 10,729; Tata Motors, Axis Bank, Vedanta top gainers

0
The Sensex and Nifty shrugged off losses in the Asian and US markets to open higher in trade today. While the Sensex rose 117 points to 35630, Nifty gained 50 points to 10,721.  Of 30 Sensex stocks, 27 were trading in the green. Tata Motors (2.44%), Axis Bank (1.11%), Vedanta Ltd (1.06%) were the top Sensex...

5 mutual funds in race to manage government debt ETF

0
Mumbai: Five asset management companies (AMCs) will make their pitch before government officials on Thursday to manage India’s first exchange traded fund (ETF) that will hold debt securities of public sector undertakings (PSUs). 5 mutual funds in race to manage government debt ETF The Department of Investment and Public Asset Management (Dipam) has invited SBI Funds Management Pvt. Ltd, Reliance Nippon...