DSIJ Mindshare

The total mutual fund assets base has surged over ~Rs. 22 trillion in 2017-18. This was mainly due to a vibrant secondary market, investor awareness campaigns like Mutual fund sahi hai and strong participation, especially from smaller town investors.

Nifty Auto Index is constantly rising with baby steps since March 23 from 10,560 and broke out of a small Channel pattern at 10,997 on April 02. The index broke its major resistance at 11,409 and is trailing above the said levels since April 5.

Adding another feather to its cap, packaging major Uflex introduced a customised formulation that renders barrier packaging for edible-oil re-processable on Friday. Following the development, the company’s share price surged by around one per cent on the bourses in Friday’s trade.

Following stocks are close to their 52-week low as at 2.30 p.m. on April 6, 2018.

The markets on April 6, 2018 opened flat. BSE Sensex is trading at 33,582.94, down by 13.86 points and the Nifty is trading at 10,317.85, down by 7.30 points.