Many investors ponder as to whether mutual funds can provide 12 per cent rate of return in a period of 10 years, considering the risk taken is moderate? Read on to find out.

Take Solutions’ consolidated revenue for the second quarter of FY19 came in at Rs. 515.87 crore, registering 10.34 per cent QoQ increase. This was primarily driven by 11 per cent QoQ growth in life science segment which contributed almost 91 per cent to Q2FY19 revenue.

The company has received an export order for 3,00,000 steel wheels for the EU Caravan market. The order will be shipped from the Steel Strips' Chennai plant.

The Garden Reach Shipbuilders & Engineers Limited which hit the secondary market this month, has signed a contract with the Ministry of Defence, for construction and delivery of four large survey vessels, according to the company’s filing with the exchanges.

The stock of pharma major Dr. Reddy's Laboratories was under pressure in early morning trade on Wednesday as it reacted to the news of USFDA's observations issued for its Duvvada unit on Tuesday.

Overall volumes in futures & options currently stand at 1.33 crore contracts with a turnover of Rs. 7,19,557.92 crore.

Overall volumes in futures & options currently stand at 1.33 crore contracts with a turnover of Rs. 7,19,557.92 crore.

IRB Infrastructure Developers Limited Ltd. reported its results for the quarter ended September 30, 2018. IRB Infrastructure Developers Limited consolidated revenue for the quarter came in at Rs. 1485.43 crore, registering an increase of 19.6% YoY.

The bulls need to hold above the level of 10,175 to avoid fresh weakness from creeping in as failure to hold on to the 10,175 support would induce a fresh round of selling and this may take the index towards the level of 10,100, followed by 10,020. The daily RSI is currently hovering around 39-40 mark, and for the bulls, it is important for the RSI to cross above the level of 40. Stocks in news: PNB, Dr Reddy’s Laboratories, Kridhan Infra, Blue Star, IL&FS Transportation, Coal India and GMR Infrastructure. 

Indian markets may open flat to slightly higher on Wednesday mirroring the strength in the global markets as also reacting to the sharp fall in Brent crude prices which continued to fall more than 2 per cent below the $76 a barrel.