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. 

The downward revision in inflation estimates is a welcome trigger that has perked up market sentiments. Lower inflation means that the RBI has no reason to hike interest rates, and a lower interest rate regime is conducive to industrial investments.

If you are going through a financial crisis and are in urgent need of cash, you can go for a gold loan if you have gold jewellery or gold coins with you. There are many advantages of taking a gold loan instead of taking a personal loan or any other type of loan. Let us understand why gold loan is a better option.