Increasingly in the stock market, the business of spoiled
banks is raising more money than mutual funds.
The record height of the stock market
has reversed the ways of corporates to raise money. Corporates are now
focusing on capital raising from other open market sources instead of the
bank. This has been revealed in a report of RBI. According to the
report, the mutual fund corporation's first choice is at this time. Through
which he is collecting enough money.
Metal stocks rising to 7-year high, expect 30% growth
further
Like the
previous year, the metal stocks continue to perform well in the new
year. Metal stocks are constantly outperforming in the year 2018 due to
the rise in commodity prices, especially the global base metal prices. The
Nifty Metal Index has reached record highs of 7 years. In the last one
year, the metal index has received 52.33 percent returns so far. Experts
say that in the coming days, the sector will get the benefit of increasing
metal prices, which is expected to continue further in the metal stocks.
Flipkart's Makar Sankranti Cell, after getting Snapdeal,
gets up to 60% discount
In the
New Year and festival seasons, e-commerce companies are offering some or every
other day. After this, Flipkart has also started Makar Sankranti Cell
after Snapdeal. Flipkart has named this cell named Sankranti Special
Store. Besides, cashback is also offered along with offers. In such a
situation, if you pay the Axis Bank's billed credit card after purchasing
goods, you will get an instant discount of 5%. In such a case, if you can
not buy items of your choice in the New Year cell, then you have the
opportunity to buy 60% discount.
Sensex closes at 34353 points on the Nifty for the first
time, on the all-time high
The
Indian stock market closed on Monday on positive global signals. The
Sensex jumped 199 points to 34,353, and the Nifty climbed 65 points to close at
10,624. On Monday, Nifty crossed the figure of 10,600 for the first time
in business turnover. The Sensex also made new high at the same
time. During the trading, the Sensex touched a level of 34,385.67 points,
while the Nifty went up to 10,631.20. Earlier, on January 5, 2018, the
Sensex was 34,175 and the Nifty went up to 10,566.10 points.
Record of equity mutual fund invested 1.3 lakh crores,
impact of falling interest rates
In the
calendar year 2017, investors have invested 1.3 lakh crores in equity mutual
funds. According to experts, it was also not due to declining interest
rates and good performance of gold and real estate. In the year 2017, the
size of the equity mutual fund was Rs 7.7 lakh crore, compared to Rs 4.7 lakh
crore a year ago. This information has come out in the figures of Association
of Mutual Fund in India (Amphi).
No comments:
Post a Comment