The  200-day SMA, which stands at 10,178, is likely to act as an immediate resistance zone and it would be crucial to see if Nifty manages to sustain above its 200-day SMA. On the downside, crucial support is placed around the level of 10,040, followed by 9950.   

Most of the senior citizens above the age of 60 years are prone to suffer from health issues.  Worse still, the higher the age group beyond 60, the more the likelihood of health issues. Hence, it is absolutely necessary to insure senior citizens with health insurance that provides them adequate protection from all kinds of diseases and ailments that go with old age.

In case there are more than one house properties for self-use, you will have to choose one property for self-use and offer other properties for taxation. 

A SEBI committee has recommended to that the excess charges collected by mutual fund houses be credited back to the respective schemes.

The stock markets have been undergoing correction over the last few weeks and a gloom appears to have engulfed investors and traders. This is in sharp contrast to the buoyant mood one witnessed when the markets were scaling new peaks to record all-time highs. 

Investors who expect rate of interest that is higher than that of banks on their fixed deposits can invest in fixed deposit schemes of various companies.

Hinduja Global Solutions (HGS) has acquired majority stake in digital consulting services company Element Solutions. The company’s UK subsidiary acquired 57 per cent stake in the company for an amount of $5 million. 

Imitating investment of a good fund or a star investor seems to be a good investment strategy, however, it should be followed with proper caution.

Post PNB scam, the banking sector has witnessed many consequences impacting the credit flow in the Indian economy. The ministry of Finance received many representations on easing the grip on banks and providing alternatives to LoUs.The PNB scam of Rs. 13,000 crore has forced RBI to tighten the grip on PSU banks and directed to identify similar instances. Further, the banks were also directed not to issue LoU’s and guarantees.

The pharma sector funds have been bleeding for a while now. The category has registered negative return of -6.97 per cent in the last one year and -4.08 per cent in the last one month. Many investors are worried about their returns from the pharma funds and also have doubts about the future of these investments.