ONGC Videsh, IOC and Bharat Petro Resources through a consortium acquire 10 per cent stake in Lower Zakum Concession, Abu Dhabi.

Overall volumes in futures & options currently stand at 62.51 lakh contracts with a turnover of Rs. 5,28,108.82 crore.

Going ahead, the zone of 10,380-10,400 is a crucial support level for the Nifty because, firstly, the 100-day EMA is placed in this region and, secondly, a trendline formed by joining lows of September 28, 2017 and December, 6, 2017 is placed around the 10,380-mark. Top stocks for the day: Oil India, Cadila Healthcare, Capacite Infraprojects, Ajanta Pharma, Tata Power, Bharati Defence and Infrastructure, Pidilite Industries, ONGC, NMDC, Dredging Corp, UCO Bank and Tata Motors.

Indian markets are likely to make a flat to positive start on the back of flat trading seen among Asian peers. The SGX Nifty suggests that the Nifty could open up by 26 points at 10,483 at opening bell.  

It is estimated that there are around 20-22 crore businesses and other entities in India that have dubious identities and are engaged in dubious transactions. The move to introduce PAN as a unique identity for these entities will bring them under the purview of the government authorities. 

The fact that the Indian banking system has been beset with the problem of a huge pile-up of corporate bad debts is a matter of grave concern. The gravity of the problem is evident from the fact that at the end of September 2017, the total GNPAs in the Indian banking system was a whopping Rs 8,36,782 crore.

To curb the bankers’ proclivity to delay the passage of benefits of RBI’s policy rate cuts to the customers, RBI has now asked the banks to link the base rate with the MCLR with effect from April 1, 2018. Read on to know more...

The intra-day crash of 1,600 points in the Dow Jones on February 5 and the more than 1,200 points opening gap in the Sensex on February 6 left the investors gasping for breath, literally. The prime accused seem to be high inflation and the rising yields on US T-bills. 

The imposition of 10 per cent tax on LTCG exceeding Rs 1 lakh made from the sale of stock and equity mutual fund units held for over one year implies that the benefit of holding the stocks and mutual fund units for a year or more will not be available from April 1, 2018, onwards. However, ULIPs are exempted from LTCG tax. Let's us check how they compare against ELSS...

Tracking error is a measure to analyse index funds. The basic premise of investing into index funds is to achieve the returns which are commensurate to that of the targeted benchmark Index. An Index Fund is a mutual fund scheme that invests in the stocks which constitute benchmark index by replicating the weightage given to the securities on the benchmark.