Our analysis of January 2020 portfolio of equity dedicated mutual fund shows there is not much merit in expanding the definition of market cap for mutual fund investment.

Indian rupee strengthened against US dollar on Thursday amid easing crude oil prices. Weak domestic equities capped some upward sentiment in rupee as investors continued to remain concerned about the spreading of novel Coronavirus outside China.

Chennai-based two and three-wheeler maker TVS Motors announced on Thursday that it has joined hands with Motomundo SA, a business group in Honduras (Central America) to facilitate the sales and service of its products, across all Motomundo stores in Honduras in a phase-wise manner.

Chemical manufacturing company, Transpek Industry Limited is trading higher today after the company on February 26, 2020 announced that its board of directors have considered and approved a new project in its meeting held on Tuesday.

Tata Motors said that its board approved committee has given an approval for raising Rs 500 crore through the issuance of Non-Convertible Debentures (NCDs) on private placement basis.

The 11,614-11,550 zone is the only visible critical support. As we are in the process of closing February derivative series, we can see a very volatile session. In any case, 3rd February low of 11,614 breaches, the long-term trend also becomes bearish. Stocks in news: Hindustan Unilever, Biocon, Adani Port and Special Economic Zone, RITES, Concor.

The virus headline is likely to dominate the nervous stock market and as a result, we are going to witness another negative opening. SGX Nifty is down by 54 points, trading at 11,671 levels.

GMR Group announced that it has entered into a partnership with Groupe ADP for a partnership in the airport business.

Inflation is considered as one of the significant components responsible for wealth destruction. So, let’s see how different asset classes fare against inflation at different times.

The domestic stock market faced losses today as both the benchmark indices ended the trading session in red, hitting three-week lows, the lowest intraday levels recorded since February 3, 2020. S&P BSE Sensex was down by more than 392 points and closed at 39,888.96 levels, down by 0.97 per cent. Nifty too followed the trail by closing at 11,678.50, down by 1.01 per cent.