Why is DMF more beneficial compared to RMF?
Mutual funds have now become the first choice for investment. It is one of the safest and most convenient forms of investment, as you can invest in form of SIP (Systematic Investment Plan) many investors are in dilemma should we consider regular or direct mutual funds? In this article, we have listed all the reasons that will help you know why Direct Mutual Funds should be the...
I am planning to sell land. How can I save on tax?
Whether it’s a salary income, rental income, interest income, capital gains, or any other type of income, it is compulsory for everyone to pay taxes on all the sources of income. Therefore, it is extremely important to be aware of how much tax one needs to pay and how to save tax. In this blog, you will know about the best ways to save capital gain tax on the sale of a property....
Pre-Market Analysis For 2nd May 2022
Markets for the week ended lower with the Nifty declining by 0.5% after it failed to sustain above the key resistance of 17140 as India VIX continued to trade above the 19% mark. The short-term correction in the market may be completed once the Nifty hits 16671 and is likely to be followed by a rally towards 19867 till May end. The broader index namely the Nifty 50 equal-weighted...
Pre Market Analysis For 29th April 2022
Markets ended higher yesterday led by support from key index heavyweights. FIIs turned net buyers (net sellers in the last 14-trading sessions) and stable oil prices also supported the sentiments. Today, we expect the market to open on a positive note on account rally in the global markets. The overall view remains positive for a target of 19867 by May end on a positional basis. The...
Pre-Market Analysis For 28th April 2022
Markets remained under pressure on Wednesday on the back of Nasdaq hitting 52-week low and continuous FII selling which forced the Nifty to close around 17000 levels. The India VIX also jumped 7% to end around 21% but still remains under the critical support zone of 22%. Nifty is likely to test 16671 before it resumes its upmove towards 19867 with India VIX being necessary to trade below...
Pre-Market Analysis For 27th April 2022
Markets opened with a gap up on Tuesday led by gains in auto and financials to post-closing above the key resistance of 17140 despite pressure in the global markets. The India VIX also cooled off from highs of 21.75 to close around 19 but remains elevated above critical levels of 16%. There remains a high probability of Nifty testing 16671 in the coming days before it resumes its journey...
Campus Activewear Ltd. (May Subscribe)
Issue Size (‘000)- 47,950,000 sharesIssue Open/Close – Apr 26/Apr 28, 2022Price Band (Rs.) 278-292Issue Size- Rs 14 bnFace Value (Rs.) 5Lot Size (shares) 51 Campus Activewear is the largest sports and athleisure footwear brand in India in terms of value and volume in FY21. It introduced its brand ‘CAMPUS’ in 2005 and are lifestyle-oriented sports and athleisure footwear company that offers...
Rainbow Children’s Medicare Ltd. (May Subscribe)
Issue Size (‘000)- 29,427 – 29,167 sharesIssue Open/Close – Apr 27/Apr 29, 2022Price Band (Rs.) 516-542Issue Size- Rs 15.18- 15.8 bnFace Value (Rs.) 10Lot Size (shares) 27 Rainbow Children’s Medicare Limited (RCML) is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India, operating 14 hospitals and three clinics in six cities, with a total bed capacity...
Pre-Market Analysis For 26th April 2022
Indian indices yesterday finished the session weak in line with global indices due to below-par earnings results, adding fresh concerns to elevated inflation, oil prices, war uncertainties and supply issue. The Nifty failed to test the support of the trading range, which is placed at 16671. The Nifty Bank outperformed the markets and ended on a positive note led by resilience in HDFC...