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-
Trends on the Singapore stock exchange indicates that the Nifty could jump 92 points at the opening bell. On the macro front, India’s retail inflation rose marginally to 4.48% in the month of October from 4.35% in September, data released by the government showed on Friday. Meanwhile, industrial production for the month of September grew by 3.1% as compared to 1% in the same month last year, according to the data released by the ministry of statistics and programme implementation (MoSPI). IIP surged 11.9% in the month of August. Here is the list of stocks that could be in focus in today’s session.
Primary markets: Shares of PB Fintech will make its debut on the bourses today. The final issue price has been fixed at Rs 980 per share. That apart shares of Sigachi Industries & SJS Enterprises will list today on the bourses today. The final issue price has been fixed at Rs 163 and Rs 542 respectively.
Coal India: World’s largest coal miner reported 0.38% fall in consolidated net profit to Rs 2936.91 crore on 8.25% rise in total income to Rs 24072.83 crore in Q2 FY22 over Q2 FY21.
ONGC: The company reported 328.81% surge in consolidated net profit to Rs 18055.01 crore on 43.78% rise in total income to Rs 123983.15 crore in Q2 FY22 over Q2 FY21.
Hero MotoCorp: The two-wheeler reported 22.2% fall in consolidated net profit to Rs 745.72 crore on 9.6% fall in total income to Rs 8696.80 crore in Q2 FY22 over Q2 FY21.
Grasim Industries: The company reported 40.66% rise in consolidated net profit to Rs 1359.19 crore on 25.23% rise in total income to Rs 22961.25 crore in Q2 FY22 over Q2 FY21.
Ashok Leyland: The commercial vehicle manufacturer posted a consolidated net loss of Rs 103.43 crore in Q2 FY22 as against a consolidated net loss of Rs 122.95 crore registered in Q2 FY21. Total income rose 44.1% to Rs 5587.88 crore.
Wipro: The IT major announced a CargoWise Service Partner agreement with WiseTech Global, a leading provider of software solutions to the logistics industry. As a partner, Wipro will leverage the CargoWise logistics execution platform to help transportation and logistics companies stay ahead of the competition, and accelerate their business value from freight forwarding, customs, track and trace, transportation optimization and warehouse management.
NTPC: NTPC informed that based on achievement of approved norms and due approvals, Unit-4 of 250 MW capacity of Nabinagar Thermal Power Plant of Bhartiya Rail Bijlee Company Limited (a subsidiary company of NTPC) has successfully completed trial operation and consequently included in the installed capacity of NTPC Group.