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-
Indian markets closed flat Monday but managed to scale record highs, amid volatility as IT stocks dragged while autos, banks, and Reliance Industries lend support to the indices. Today markets likely to open flat with a positive bias amid mixed global cues. Traders will get encouragement as rating agency Icra revised up its 2021-22 real GDP growth estimate for India to 9% from the earlier 8.5%. It said a ramp-up in Covid-19 vaccination, healthy advance estimates of Kharif (summer) crop and faster government spending were the factors that led to the revision. Some support will come as Commerce and industry minister Piyush Goyal said export figures have hit $185 billion as of September 21.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Reliance Industries | Buy | Stop loss: Rs 2,480 | Target price: Rs 2,580
NMDC | Buy | Stop loss: Rs 136 | Target price: Rs 148
HDFC AMC | Buy | Stop loss: Rs 3140 | Target price: Rs 3,280
Recommendations by: Manish Shah, Nifty Triggers
RBL Bank | Buy | Stop loss: Rs 182 | Target price: Rs 200-210
Tata Steel | Buy | Stop loss: Rs 1,310 | Target price: Rs 1,180-1,160
Hero Moto | Buy | Stop loss: Rs 2870 | Target price: Rs 2,990-3,040