Although the benchmark indices are trading in red following a gap-down opening, Nifty Pharma index has been continuously surging and has gained more than 1 per cent and broke out of its consolidation and also breached its major resistance at 8,841 levels with justifiable volumes.

Overall volumes in futures & options currently stand at 66.02 lakh contracts with a turnover of Rs. 5,78,452.57 crore.

Overall volumes in futures & options currently stand at 66.02 lakh contracts with a turnover of Rs. 5,78,452.57 crore.

Going ahead, the level of 10,450 is an important support for the index, followed by 10,350. Stocks in the news: United Spirits, Reliance Industries, Bliss GVS Pharma, IL&FS Engineering and Dilip Buildcon.

Indian markets are expected open with a gap-down as a reaction to the US-led strikes on Syria carried out on late Friday evening. The strikes were a response to the alleged chemical attacks carried out by the Assad regime in Syria. The SGX Nifty is pointing that Nifty may open lower by 56 points at 10,447.  

If you are a salaried person and your employer has deducted excess tax from your salary by way of tax deducted at source (TDS) or if some of your tax saving investments have not been taken into account while computing TDS, you would be eligible for a refund of the excess tax paid by you.

A will enables smooth transfer of ownership of assets to your loved ones and helps avoid disputes among survivors and the legal hassles that arise from such disputes.

We all know that the Union government, state governments and local bodies draw up their own budgets every year. These budgets provide the estimated revenue and expenditure of the respective governments and local bodies for the next financial year.

Should you buy a house of your own or continue to stay on rent? This is the million rupee question that you might be facing every day. Any decision on this should take into account some important factors. Let’s look at what these factors are and how these will impact you.

In financial transactions, you need to consider various costs that impact your returns on investments. There are mainly two costs of money, namely, the time value of money and the opportunity cost of money. Let us understand what these mean.