Market
Outlook:
Market traded firmly throughout the day and
ended in green. All the major sectoral indices ended in green,
Technology and Realty sectors being the highest gainers.
Nifty:
The markets traded firmly throughout the day
and ended in green. Nifty has entered the over bought zone since RSI
is trading at 69 levels and Nifty might witness some profit booking
taking place around this level. The 5 DMA at 5931 will act as an
immediate support for Nifty. Resistance is seen at 6050/6080 and a
close above this level will further extend the rally up to 6150/6180
levels.
Support:
Major support level 5980/5950.
|
Investment
Ideas
- United
Phosphorus @
Rs. 143
(Target Price: Rs. 172)
Trading
Ideas
- Positive
bias - Aurobindo Pharma (Target 210), Unitech (Target 33), TCS
(Target 1470), Infy (Target 2400), Yes Bank (Target 560) and
Wockhardt (Target 2060). Traders maintain stop loss
accordingly.
|
Reasons to Invest in
Bond Fund
- Benefit
from high interest rates: The fund
can invest in securities at a time when interest rates are near
their peak levels.
- Potential for Capital
Appreciation: When interest rates
start reducing this can lead to potential for capital
appreciation.
- Tax Efficiency &
Indexation Benefits: The fund offers tax
efficient returns as well as Indexation
benefits.
- Portfolio
Diversification:
Investing in the fund will enable you to balance your portfolio
between equity and debt portions.
- Liquidity: As the fund is
open-ended, units for purchase and redemption are offered at the
applicable NAV on an ongoing basis.
Why
Fixed Deposit
Fixed deposit is one of
the oldest & most common methods of Investing. FDs look great
because you get a decent risk-adjusted return and your principal is
protected. Fixed deposits help you to secure your hard earned money
for a long duration. Fixed deposit is a financial instrument for you
to deposit your money for a fixed duration ranging from 15 days to 5
years.
¾
Quality Companies
Offering Attractive Return
|
- Derivatives Update
- Advance Decline Ratio
- Sector updates
- Exchange Volumes
- Implied Volatility for
ATM Options
- Put Call Ratio for
(Open Interest)
- FII - MF Activity
- World
Markets
- Currency
|