At times it happens that people often get confused as to in which category of MFs to invest in for different time periods like short-term, long-terms or a typical three-year period. Read on to find out more.

CDPQ, a Canadian institutional investor, plans to invest approximately Rs. 1,800 crore or US$ 250 million in Edelweiss's credit business. CDPQ will invest the amount in ECL Finance in three tranches.

Grasim Industries is set to acquire 100 per cent equity shareholding of Soktas India Private Limited (SIPL) from its current promoters for an enterprise value of Rs. 165 crores. This acquisition is compatible with Grasim’s linen business.

The stock of housing finance major was buzzing in Wednesday's early morning session as the company informed that an independent audit firm found no evidence of shell companies being promoted by DHFL.

Volatility in the equity market, where retail investors are major investors, has led to a continuous fall in inflow during the last three months.

Overall volumes in futures & options currently stand at 1.35 crore contracts with a turnover of Rs. 8,41,769.57 crore.

Overall volumes in futures & options currently stand at 1.35 crore contracts with a turnover of Rs. 8,41,769.57 crore.

Going ahead, we expect the momentum to continue in the index, but on the way up, the index may face immediate resistance around the level of 11,050, followed by 11,090. Stocks in news: Quick Heal Technologies, Grasim Industries, Sterlite Technologies, Bharti Airtel, Newgen Software Technologies and Karur Vysya Bank.

The outlook for the day is a positive start; however, the big question for the day is to get onboard the bus or to alight it. For the current momentum to sustain, Nifty index needs to sustain above its crucial 200-day moving average and, on the higher side, it needs to decisively close above the 11,090 mark. At the time of writing, SGX Nifty was trading with modest gains of 24 points at 11,057.50.   

Sterlite Tech has launched TruRibbon – Ribbon Reinvented at the Optical Networking and Communication Conference (OFC2019) at California. TruRibbon is a fully backward compatible ribbon cable.