Overall volumes in futures & options currently stand at 2.14 crore contracts with a turnover of Rs. 19,94,265.04 crore.

It is always said that investment in equity is prudent for young people as an investment in equity is risky and therefore this thought leads many of the retired or seniors away from equity-related financial instruments. Read on to find out is it wise for retirees to invest in ELSS?

Overall volumes in futures & options currently stand at 2.14 crore contracts with a turnover of Rs. 19,94,265.04 crore.

The levels of 10,360, followed by 10,320, are likely to act as support levels. Stocks in news: 8K Miles Software Services, Saregama India, United Breweries, Info Edge, National Aluminium and PVR.

The markets in India are expected to begin the truncated week on a cautious note as Asian markets are majorly trading in the negative terrain. The SGX Nifty is trading down by 4 points at 10,475. Among Nifty 50 stocks, IndusInd Bank and Indiabulls Housing Finance will announce their quarterly earnings today.

Mutual funds have reduced their stakes in most of the non-banking finance companies (NBFCs) and housing finance companies (HFCs) in September. The trigger for these exits was the defaults in repayments by group companies of Infrastructure Leasing & Financial Services (IL&FS). The subsequent ratings downgrades led to fears of a contagion in the sector.

If you think your creditworthiness is determined by CIBIL score alone, think again. Apart from the CIBIL score that banks and NBFC take into account for lending purpose, alternate credit scoring models have come up of late that are factored in for determining the creditworthiness of an individual.

Health insurance policies come with restoration and recharge benefits, but not many policyholders know what these benefits entail or can tell the difference between the two.  So, let us try to find out various kinds of restoration options, how recharge benefits the insured and the difference between restoration and recharge benefits.

You must be aware of the divestment plans of the Government of India, wherein the government has divested its stake in various public sector undertakings (PSUs) and has thereby raised money from the markets.  The aim of the government’s divestment is to augments its revenue for the purpose of development.

The Reserve Bank of India deputy governor Viral Acharya has said that the Prompt Corrective Action (PCA) taken by the central bank against 11 public sector banks and one private bank has limited the losses of these banks and saved taxpayers’ money.