The markets on April 11, 2018 opened flat. BSE Sensex is trading at 33,858.63, down by 21.62 points and the Nifty is trading at 10,385.05, down by 17.20 points. 

In the last one-month debt-income funds have seen exceptional returns which has tempted the investors to opt for them. In the last one month some of the income funds have offered more than 50 per cent of annualised returns.

With an aim to better serve the mutual fund industry, BSE has manage to convince all 37 mutual fund companies to pay a service charge for availing the benefits of its platform. 

Overall volumes in futures & options currently stand at 59.04 lakh contracts with a turnover of Rs. 5,22,640.99 crore. 

Overall volumes in futures & options currently stand at 59.04 lakh contracts with a turnover of Rs. 5,22,640.99 crore.

Equity markets are expected to open flat and take a breather after registering a scintillating rally in the last 3-4 trading sessions. Additionally, the Asian peers are trading in a capped range in the trade today. The SGX Nifty is pointing that Nifty may open flat at 10,425.  

On the upside, Nifty has strong resistance placed in the region of 10,440-10,450, and both the 50-SMA and 100-SMA stand at 10,438. Stocks in the news: Lemon Tree Hotels, Infosys, Dr Reddy Laboratories, HFCL, Oricon Enterprises and Star Cement.

The exchange’s daily trading turnover in the derivatives segment crossed the Rs 3,257 crore (USD 500 million) level during the trade.

Country’s third largest private sector bank, Axis Bank surged 5 per cent plus from its previous close, after Board trimmed CEO Shikha Sharma's tenure to 7 months from three years of reappointment. Axis Bank is off its upward sloping trendline support level and is heading northwards.

Indian mutual fund industry is quite expansive with a huge basket of schemes for investment. Previously, the fund houses used to have multiple schemes under the same category with different attractive names.