Mutual Funds investors are in for too much of a good thing, with more mutual fund players joining the fray. Additions to the already crowded space of mutual fund players are IDBI Asset Management and Union KBC who have got a nod from the Securities and Exchange Board of India (Sebi) to start their operations. [...]
Published on: 18th May, 2009
Share markets skyrocketed today with Bombay Stock Exchange’s Sensex up by 2,110.79 points(7.34 per cent) at 14,272.63. The National Stock Exchange’s Nifty shot up by 636.40 points, or 17.77 per cent, at 4,308.05.
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All sectoral indces are having a boom time with banking sector in the lead. Sharemarkets are finally experiencing boom time as the air [...]
Published on: 12th April, 2009
Gold has indeed achieved a gold run as an investment instrument. In these uncertain times, gold has outshone all asset classes. There has been an upward year on year growth of 6 percent in terms of dollar. But in Indian rupee terms, gold has rallied well and has gained around 25 percent on a year [...]