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Market News

Location American Market News for 28 May 2024
Magic of compounding: A monthly SIP of 10K in this mutual fund since inception would have grown to ₹1.76 crore HSBC Midcap fund was launched on Aug 9, 2004 and has an AUM of ₹10,739 crore. Its benchmark index is NIFTY Midcap 150 TRI
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Nvidia Shares Help Lift Nasdaq

Wall Street Journal - 29 May 2024 00:35
A jump in bond yields weighed on the broader market.
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The judge said that Salame's efforts to undermine transparency in the 2022 election merited a substantial penalty to deter others.
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The long-awaited offering, if it proceeds, would alleviate near-term pressure on the kingdom to raise funds.
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Man loses ₹3.6 crore to online fraud: Take these 5 key steps to protect yourself from swindlers Not too long after two senior citizens collectively lost around ₹3 crore in two separate but similar frauds in Ahmedabad, a new case of scam has come to surface in Bengaluru where a 77-year-old man lost his life's savi...
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Cooling for AI is a Hot Stock Market Trade--for Now

Wall Street Journal - 28 May 2024 17:00
Companies like Vertiv that can help artificial-intelligence data centers dissipate heat have had gains of more than 600%.
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How to ensure phased payouts to your nominee in the case of death To ensure that the money from your MF investments, bank accounts and term insurance is paid out in phases, similar to a systematic withdrawal plan for MFs, specific legal arrangements need to be made
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This NBFC offers non convertible debentures with coupon rate upto 9.85%: Should you invest? Loan tenure of NCDs launched by 360 One Prime ranges between 1.5 years to 10 years. There are two options of frequency of interest payment: monthly and annual.
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Treasury yields have been inverted for the longest stretch on record.
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Tame these behavioural biases to navigate stock market swings Investors are often driven by their own behavioural biases, which can lead to poor investment decisions
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I-T Dept Issues Reminder: Link PAN with Aadhaar by May 31 to avoid higher TDS; here's how Taxpayers must link PAN with Aadhaar by May 31, 2024 to avoid higher tax deductions under Sections 206AA and 206CC of the Income Tax Act, 1961. Reminder issued by the Income Tax Department to enforce compliance and strea...
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NatWest tells customers to visit branches as outage hits online banking NatWest has apologised to customers after an outage left them unable to access the bank's app and online banking services.
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EPFO: These 7 types of pension offered to EPF subscribers, check details here Since there could be a number of scenarios wherein a subscriber has retired or dies or became disabled, EPFO has listed certain rules and put them in seven broad categories with respect to pension
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Why should you consider annuity products amid falling interest rates? Here are key reasons Investing in annuity products amidst falling interest rates in India guarantees a stable income for life. These products offer fixed interest rates, aiding retirees in financial planning and lifestyle maintenance. Annuit...
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Real Estate News: Shahid Kapoor spends ₹60.41 crore to buy another posh apartment in Mumbai Shahid Kapoor and Mira Kapoor bought a sea-view apartment in Mumbai's Worli area for over ₹60.41 crore, including stamp duty. The 24th-floor apartment, which is 6,176 sq ft in size, is their second purchase in the Thre...
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How to safeguard your fixed-income portfolio? Here are key tips To succeed in fixed-income investing, investors need to evaluate portfolio resilience and manage interest rate risks. Diversification, laddering, and monitoring market conditions are key strategies to navigate uncertaint...
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Impact of personal loans on financial planning: Here are the pros and cons Personal loans can significantly impact your financial planning, both positively and negatively depending on your circumstances.
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Want a personal loan at lower interest rate? Here are 7 key strategies to follow To qualify for a low-interest personal loan, you must present yourself to lenders as a financially competent borrower.
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Niva Bupa Personal Accident Plan offers coverage upto ₹10 crore - Explore 10 key benefits Niva Bupa Personal Accident Policy offers coverage for accident death, permanent total disability, permanent partial disability, child education benefit, temporary total disablement, monthly needs benefit, adventure spor...
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Is prepaying your home loan the best choice? Here's how to decide Home loan prepayment is a crucial decision for many. Making prepayments at different times can have a significant impact on reducing total interest and loan tenure. The earlier the prepayment is made, the greater the sav...
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Income Tax: 4 key long term tax saving investment options for women investors Explore tax-saving options for women like Sukanya Samriddhi Yojana, NSC, PPF, and insurance policies. Plan taxes early to ensure a stress-free year-end. Housewives must file returns if income exceeds exemption limit. Und...
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Mutual Funds: How does the BSE 500 index offer exposure to a wide basket of stocks? Investing in the S&P BSE 500 index provides exposure to a wide range of stocks across market capitalization segments. It represents nearly 90% of the overall market capitalization and offers diversification with large, m...
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