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Saving is an indispensable part of the financial toolbox, providing the capital imperative to invest: on a minimum level investing allows one to keep pace with cost-of-living expense-upswing created by inflation; on a maximum level, long-term investing opens the possibility of compounding interest.
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News and Media
The benchmark BSE sensex has had a bumpy ride since scaling its all-time high level of 62,245 in October last year. The index did go past the 60,000-mark on 2 occasions this year, but could not hold on to it for long. On Wednesday, after 178 days, BSE sensex again breached the psychological level of 60,000.
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News and Media
Sectorally, buying was seen in realty, utilities, power, consumer discretionary, and consumer durables while selling was visible in healthcare, IT, oil & gas, and energy stocks.
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News and Media
"We will probably hit record high before Diwali but the short term is very difficult to predict. In the near term, we might see a small correction before going up again," says market expert Abhishek Basumallick, who runs equity research firm Intelsense.
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News and Media
Domestic equity markets have seen a quick rebound in the last few weeks with the benchmark index Nifty50 moving towards the key psychological level of 18,000. The majority of the analysts remain positive on the stock market and have handpicked a number of money-making ideas for the traders. Here are half a dozen stocks that can rally sharply in up to 4-8 weeks:
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News and Media
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