Consider these 9 things before investing in mutual funds!
What is the right way to invest in mutual funds? How do mutual funds work? What kind of risk is involved? Which fund is right for whom? What things should be kept in mind before investing? Watch this video to know-
Among the components of the S&P BSE Finance index, Religare Enterprises Ltd (up 7.34%), South Indian Bank Ltd (up 6.1%), Satin Creditcare Network Ltd (up 5.51%), Dewan Housing Finance Corporation Ltd (up 4.8%), Cholamandalam Investment & Finance Company Ltd (up 4.74%), were the top gainers. Among the other gainers were Magma Fincorp Ltd (up 4.24%), MAS Financial Services Ltd (up 3.82%), General Insurance Corporation of India (up 3.62%), Shriram Transport Finance Company Ltd (up 3.4%), and IIFL Securities Ltd (up 3.31%).
On the other hand, Dolat Investments Ltd (down 3.24%), Spandana Sphoorty Financial Ltd (down 2.87%), and Bank of Maharashtra (down 2.7%) moved lower.
At 09:48 IST, the S&P BSE Sensex was up 781.18 or 1.59% at 49881.17.
The Nifty 50 index was up 212.75 points or 1.46% at 14741.9.
The S&P BSE Small-Cap index was up 243.17 points or 1.21% at 20398.52.
The S&P BSE 150 Midcap Index index was up 75.95 points or 1.13% at 6785.72.
On BSE,1699 shares were trading in green, 544 were trading in red and 131 were unchanged.
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