Since LTCG (Long term capital gain) tax was re-introduced in the Union Budget 2018, many insurance companies have been highlighting the tax-free nature of ULIPS. But the tax incentive should not be the sole factor to take a investment decision. There are some other factors where mutual funds are the best bets instead of ULIPs.

The board of ACC has decided to not go ahead with the proposed merger with Ambuja Cements Limited (ACL) for now.

Following stocks are close to their 52-week low as at 12.42 p.m. on February 27.

The markets on February 27 opened up. BSE Sensex is trading at 34,330.39, down by 115.36 points and the Nifty is trading at 10,541.85, down by 40.75 points. 

Agri-based company Jain Irrigation System announced on Tuesday that its subsidiary has wholly acquired Belgium-based Innovafood N V and its affiliate companies.

Integrated real estate developer Nitesh Estates has executed an agreement for the development of a premier property at Ali Askar Road, off Cunningham Road in Bengaluru.

Overall volumes in futures & options currently stand at 48.29 lakh contracts with a turnover of Rs. 4,29,229.27 crore.

Overall volumes in futures & options currently stand at 48.29 lakh contracts with a turnover of Rs. 4,29,229.27 crore.

Nifty is approaching towards the key resistance zone of 10,630-10,645; as previously this zone had offered strong resistance to the index and led to the decline in the index. Top stocks to watch out today: Simbhaoli Sugars, PNB, Jain Irrigation Systems, Mahindra and Mahindra, ACC, HDFC Bank, Sagar Cement and Indiabulls Real Estate.

We expect markets to extend their jubilant run on Tuesday as cues from the global markets are supportive. However, Nifty may face resistance around the level of 10,640. The SGX Nifty is indicating that the Nifty could open higher by 35 points around 10,633 at the opening bell.