BUY TVS MOTOR @ 560, SL 555, TGT 578.
BUY MUTHOOT FIN @ 454-56, SL 450, TGT 478
1 CDSL IPO APPLY
2 TEJAS, - APPLY
3 ERIS NORMAL APPLY
4 AU FINANCIERS AGGERSIVELY APPLY
5 GTPL - Yet to study
*Liquid Mutual Funds v/s Bank FDs*
Liquid funds are open end schemes that invest in securities with maturities of upto 91 days; this could include treasury bills, money market instruments and very short term corporate paper. *They allow investors to park their funds for a few days or months, avail of anytime liquidity, and earn returns for the holding period.* Because they earn returns from market instruments, liquid fund returns can rise or fall depending on market rates. For very short debt, market interest rates depend on the liquidity situation.
*Liquid funds offer superior liquidity compared to bank FDs. Bank FDs would penalize you for pre-mature withdrawal.*
*Liquid fund returns in the last three years have been quite impressive with the category averaging 8.9 per cent on an annualized basis. But going forward market liquidity could decide rates.*
*After recent dividend distribution tax changes, it makes sense to go in for the growth option in liquid funds if you are in the 10 and 20 per cent tax slabs. Go for Daily Dividend Reinvest option if you fall in 30% tax slab.*
Today's Key Result
13th Nov
Coal India( Cog Cons Est Net 2789 Cr +27 % Yoy)
Abc Ind,Bgr Energy,Datamatics,Eid Parry,Eveready Ind,Gmr Infra,Ivrcl,J&K Bank,Jindal Saw,Kaveri Seed,Mcnally Bharat,Natco Pharma,Prestige Est,Sci,Tv Today,Tyche Inds,Wockhard,Zandu Realty
Indian Adr/Gdr
Infy: -0.63%, Wit: -0.09%
Ttm: -2.32%, Rdy: -0.60%
Hdb: -2.07%, Ibn: -1.62%
SBID: -0.27%, RIGD: -0.00%
Market Update:
Sgx Nifty -71 pts(7754) Nifty Fut(7825)
Dow -254.15 pts ,Nsdq -61.94 pts , S&P -29.03 pts ,Bovespa -181 pts , Ftse -118 pts , Dax -125 pts, Cac -95 pts, Nikkei -201 pts , now, Crude @ $41.63 brl (-0.12), Brent @ $44.06 (-1.75) , Gold @ $1083.20 (+2.20), Silver @ $14.28 (+0.05), Euro @ $1.0807, JPY @ $122.5600, INR @ $66.3138
Financial Express
Financial Chronicle
Ø SEBI in process of allowing foreign money into commodity markets
Ø Sensex falls for second day, ends 108 points down
Ø Vedanta Q2 consolidated net profit falls 41% yoy to Rs 974 cr
Ø Tata Communications reports Rs 6.02 crore net profit in Q2
Ø IRDAI issues guidlines on FDI in insurance firms
Ø RBI may seek info from HK on BoB scam
Ø CTT removal demand linked to STT: official
Ø Nestle looks to resume Maggi production at all plants
Ø Dividend from bank lifts HDFC Q2 net
Ø Bharat Forge reorganises European operations