Big data analytics along with Artificial Intelligence is changing the face of every industry it is being used in. Asset management companies are yet to implement this on a large scale.

Overall volumes in futures & options currently stand at 1.24 crore contracts with a turnover of Rs. 12,62,935.13 crore.

Overall volumes in futures & options currently stand at 1.24 crore contracts with a turnover of Rs. 12,62,935.13 crore.

The zone of 11,290-11,320 would act as a key support zone for the Nifty. Stocks in news: SITI Networks, Alembic, Wipro, CIPLA, Sun Pharmaceutical, Bharti Airtel, Reliance Industries, Godrej Agrovet and Redington.

Indian markets are expected to open flat as cues from Asian markets continue to be negative. The SGX Nifty suggests that Nifty could open up by 6 points around the level of 11,327.  

Consumption-based companies have witnessed a sharp fall in their share prices in the last one week. What should you do with funds dedicated to consumption?

Let us have a look at the Version 2.0 of debt mutual funds, post the SEBI’s mutual funds re-categorization which will help you understand the guidelines put forward by SEBI for the fund houses.

SEBI’s new norms on re-categorization of mutual funds have provided guidelines to fund houses to classify their debt mutual funds into categories based on their Macaulay Duration. So, what is this Macaulay Duration and how important is it?

Another PSU, Ircon International, is set for the IPO which will open for subscription from September 17 to September 19, 2018. The issue consists purely of Offer for Sale (OFS) with 99,05,157 equity shares worth Rs 470.49 crore. The face value of the share is Rs 10 per share. The minimum lot size consists of 30 shares. The issue price per equity share is in range of Rs 470-475. Post allotment, the company will get listed on both BSE and NSE.

Tata Power Solar, the wholly-owned subsidiary of Tata Power and the largest solar company in India, has launched an extensive rooftop solution in Mumbai. With this solution, customers would be able to save up to Rs 50,000 annually for the next 25 years.