DSIJ Mindshare

Suditi Industries posted mixed numbers on Q3FY18 as the company showed growth over the previous year corresponding quarter and declined over previous quarter.

The company's standalone revenue for the quarter came in at Rs 163.23 crore, registering a decline of 21.4 per cent YoY. This was primarily due to the decline in sales of the sugar segment by 24.2 per cent YoY.

This week saw the second consecutive week of downbeat for the IT stocks, where Nifty IT tumbled nearly 9 per cent from its all-time high. The prices fell up to 38.2 per cent retracement of the prior upward rally.

Aster DM Healthcare is coming out with an IPO which will remain open from February 12-15, 2018. The issue consists of fresh issue of Rs 725 crore and offer for sale (OFS) of 1,34,28,251 equity shares, thereby aggregating the issue size to Rs 980 crore.

Investing in a basket of stocks or other securities which forms part of a benchmark index and in the same proportion as the benchmark is called index investing. And an index fund is a type of mutual fund, which constructs a portfolio to reflect/match or track the market indices