In your interest.
Online Personal Finance Magazine
No beating about the bush.
Among the A-graded stocks, oil marketing company Bharat Petroleum (BPCL) surged 13% during the fortnight, thanks to continuously declining prices of crude oil. Titan Industries, which has plans to open 300 retail stores across the country, for its ‘Titan Eye’ in the coming three years was up 8%. The next stock which ended the fortnight on a positive note was Godrej Consumer Products...
Fund of funds (FoFs) attempt to capture the best of fund management expertise by investing in the units of mutual funds rather than buying stocks directly. They ought to be super fund managers. How have these funds done over the past one year? There are 37 FoFs of which only 29 have been in existence for more than a year. We considered the absolute returns of these 29 funds over a one-year...
After a brief relief rally from 8,701 (week ended 24th October) to 9,964 (week ended 7th November), the Sensex declined again. At the time of writing, the index stands at 9026.72. We had mentioned that the rally that we were witnessing was a false one, and the index was likely to come down. This is what happened. Even if the market rallies again now, it may be a false one. Given the recent...