DSIJ Mindshare

Going forward, the level of 10,580-10,590 remains a crucial support for the Nifty, and as long as Nifty stays above this level, buying on dips would be a good strategy for an upmove up to the levels of 10,740-10,800. Following are stocks to watch today: Power Grid Corporation, IL&FS Transportation Networks, Venus Remedies, Asian Granito India, Religare Enterprises, HDFC, HDIL, Southern Petrochemicals Industries, CAPF and IDFC Bank. 

Indian markets are likely kick off the week on a cheerful note today on the back of positive global cues and big positive surprise from the IIP front, which grew by 8.4% for the month of November. The SGX Nifty indicates that the Nifty could open higher by 37 points around 10,723.   

Many insurance agents resort to luring customers into buying life insurance products by promising very high returns or selling policies that are simply not suitable for the prospective customers. The real motive of these agents behind mis-selling such insurance products is to earn a fat commission on the sales.

The Pension Fund Regulatory and Development Authority (PFRDA) has liberalised partial withdrawal norms allowing the subscriber of the National Pension System (NPS) to withdraw a maximum of 25 per cent of own contribution at any time before the final exit from the NPS.

The Association of Mutual Funds of India (AMFI) has suggested many changes in the implementation of GST in the forthcoming Union budget for the consideration of the Ministry of Finance.