Country’s largest private sector bank reported strong FY18 numbers on Saturday. The revenues for the bank grew strongly coupled with robust advances and asset quality.

On the first trading session of the week, the stock of Unichem Laboratories surged more than 8 per cent due to zero observation from US Food and Drug Administration (USFDA).

Non-banking finance company, Fedfina which is a 100 per cent subsidiary of Federal Bank is in advance stage of talks to sell 26 per cent of the NBFC to True North Capital.

Overall volumes in futures & options currently stand at 69.67 lakh contracts with a turnover of Rs. 5,87,393.11 crore.

Overall volumes in futures & options currently stand at 69.67 lakh contracts with a turnover of Rs. 5,87,393.11 crore.

Going ahead, holding on to the low of 10,495, which was made on April 17, would maintain a positive bias and keep the index on course to retest the swing high of 10632 registered on February 27. Stocks in the news: Unichem Laboratories, Adani Enterprises, Kitex Garments, Axis Bank, Orchid Pharma, Cimmco, Aro Granite, Dilip Buildcon, Phoenix Mills and Suzlon Energy.

Indian markets are likely to make a pessimistic start as global cues are negative. The SGX Nifty is pointing that the Nifty may open down by 68 points at 10,537.50. 

It is imperative that every household has an emergency fund that can take care of expenses arising out of any emergency situation, such as hospital bills, loss of job and unexpected household expenses.

If you are a retired person or a risk-averse individual looking for steady return over the long term, you should consider investing in bonds issued by the government or by corporate entities. Investments in bonds provide steady income to the investor in the form of interest payments at regular intervals. 

If you are thinking of stopping your SIP instalments because you are not satisfied with the performance of the scheme and feel that the fund manager is not delivering returns matching that of comparable schemes, think again.