Making a portfolio will help you achieve your financial goals, however, a disciplined approach is needed to make a strong portfolio.

Overall volumes in futures & options currently stand at 75.25 lakh contracts with a turnover of Rs. 7,49,496.29 crore.

Overall volumes in futures & options currently stand at 75.25 lakh contracts with a turnover of Rs. 7,49,496.29 crore.

The Reserve Bank of India has refused to let Uday Kotak to dilute promoter shareholding in Kotak Mahindra Bank through the non-convertible perpetual non-cumulative preference share (PNCPS) route.

On Thursday, Indian markets will open after a day’s break on account of Independence Day holiday and there are chances we may see a weak opening on account of sell-off seen in the global markets. Even if we see a weak opening, the zone of 11,265-11,285 is likely to act as a strong support zone. Stocks in news: Reliance Industries, Monsanto India, Siyaram Silk, Shilpa Medicare, UPL, UCO Bank and Kotak Mahindra Bank.

Indian markets are expected to make a cautious start as cues from global peers are not encouraging. Going ahead, market participants will have their eyes glued on the movement of the rupee. The SGX Nifty suggests that Nifty could open lower by 22 points at 11,412.  

Nifty PSU Index turned positive on Tuesday giving up its losing streak after two consecutive days of fall. Index registered a marginal gain of 0.34 per cent. The fall could be either a pullback in the form of profit booking or a reversal on the downside.

The company’s standalone revenue for the quarter came in at Rs. 500.69 crore as against Rs. 350.71 crore in the corresponding quarter last year, registering 42.8 per cent yoy increase.

Recent market correction which has been an eye opener for the investors who were in the hallucination of bull run in the past couple of years and were expecting very high returns from the equity funds. In the recent past almost every category except IT has witnessed erosion in the returns.

The PAT for the quarter came in at Rs. 4.82 crore as against Rs. 5.96 crore in the corresponding quarter last year yoy decline of 19.1 per cent.