Equity Market: Corrections are an inherent part of the equity market: What investors should not do [ad_1] In theory, most investors know that volatility and corrections are a part of the game in equities. When a meaningful correction strikes, however, many of them tend to forget this wisdom. They become nervous, anxious and even panicky. In that state of mind ...

UTI Flexi cap mutual fund review: Strong long-term track record [ad_1] ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTSDATE OF LAUNCH 18 MAY 1992 CATEGORY EQUITY TYPE FLEXI CAP AUM* Rs.26,503 crore BENCHMARK NIFTY 500 ...

Infrastructure Sector: It’s time to bet on infrastructure sector: 8 infra stocks with up to 83% upside potential [ad_1] The infrastructure sector is expected to grow substantially in the coming quarters, thanks to the 35% increase in capital expenditure outlay from Rs.5.54 lakh crore to Rs.7.5 lakh crore in this year’s budget. The government hopes this would have a multiplier ...

PNB launches WhatsApp banking for customers and non-customers In an effort to make banking services more accessible, state-owned Punjab National Bank (PNB) on Monday said it has introduced banking services through WhatsApp for both customers and non-customers. To activate the banking facility on WhatsApp, customers need to first save the official PNB’s WhatsApp number +919264092640 in their ...

investing: The bulk of the activity in investing involves waiting: Why doing nothing can be a good thing [ad_1] It’s an experience everyone has had. You go to a doctor, or as it happened to me, you take a family member to a doctor. The doctor makes a diagnosis and recommends some ‘lifestyle’ medicine like exercise, diet etc. The patient ...

MPC after-effect: SBI, ICICI Bank, YES Bank, BoI raise lending rates Following the Reserve Bank of India’s (RBI’s) decision to raise the repo rate by 50 basis points (bps) to 5.9 per cent on September 30, several banks, including the country’s largest lender State Bank of India (SBI), have increased lending rates. SBI has raised its external ...

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Rupee sheds 53 paise on crude oil price spike; bond yields jump The rupee weakened sharply versus the US dollar on Monday as global crude oil prices surged on reports of a reduction in output by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, dealers said. The rupee closed at 81.88 per US dollar ...

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Bank of Maharashtra’s advances grow 29% to Rs 1.48 trn in Q2FY23 Public sector lender Bank of Maharashtra (BoM) on Monday said its gross advances rose by 28.65 per cent to Rs 1,48,246 crore in the second quarter ended in September 2022. Total advances of the bank stood at Rs 1,15,236 crore at the end of the ...