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About Us

We all dream of owning a successful company, calling the shots and pocketing a nice paycheck every other week. Oh, there are plenty of dreams out there but how many of us actually take that first step toward financial independence and a quality of life that depends, not on the folks upstairs in the big offices, but on your own hard efforts. When you own the business, financial independence depends on you.
Thats why most people back away from business ownership. Fear of failure. Fear of looking foolish. Fear of what your family and friends will think if your new business doesn't soar like the American bald eagle - the American dream. Read More

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Fund Performance
Big bet on SIPs: MFs garner over Rs 67,000-cr in FY18

In comparison, Rs 43,921 crore was collected through the investment plan in 2016-17, according to the latest update with Association of Mutual Funds in India (Amfi).
Mon, 16 Apr 2018 16:20:25 +0530

Equity MF inflow down 59% to Rs 6,657-cr in March on LTCG

According to a report by rating agency Icra, equity funds, including equity-linked saving schemes saw monthly net inflow of Rs 6,657 crore in March, down from Rs 16,268 crore infusion seen in February.
Thu, 12 Apr 2018 18:25:23 +0530

Equity mutual funds log Rs 1.7 lakh crore inflow in FY18

Strong inflows have pushed the asset base of equity MFs by 38 percent to Rs 7.5 lakh crore during the period under review, the data showed.
Mon, 09 Apr 2018 15:35:18 +0530

Most equity mutual funds underperform in last 1 year: Report

The findings are a part of SP Dow Jones Indices#39; scorecard SPIVA, which tracks the performance of actively managed Indian mutual funds against their benchmarks over one-year, three-year, five-year and 10-year periods.
Mon, 26 Mar 2018 17:58:12 +0530
Nazara Technologies gets Sebi#39;s go-ahead for IPO

The company is popularly known for its games on World Cricket Championship, Chhota Bheem and Motu Patlu series.
Mon, 23 Apr 2018 18:37:29 +0530

IndoStar Capital gets Sebi#39;s nod for Rs 2,000 cr IPO

The company had filed IPO papers with Securities and Exchange Board of India (Sebi) in January and received "observations" from the regulator on April 3, as per the latest update with the markets watchdog.
Mon, 09 Apr 2018 18:43:18 +0530

Strong debut: Hotel chain Lemon Tree closes 29% higher on Day 1

The hospitality chain’s stock closed at Rs 72.10 apiece, a rise of Rs 16.1 to the issue price of Rs 56. It had listed at Rs 61.6, a premium of 10 percent to its issue price on the National Stock Exchange (NSE).
Mon, 09 Apr 2018 15:37:30 +0530

New Listing: Lemon Tree Hotels debuts with 10% premium at Rs 61.6 apiece

The Rs 1,038.68 IPO received bids for 15.49 crore shares against the total issue size of 12.98 crore shares.
Mon, 09 Apr 2018 10:00:24 +0530

Lemon Tree Hotels to make stock market debut on April 9

The company in consultation with merchant bankers has fixed final issue price at Rs 56 per share.
Sat, 07 Apr 2018 17:00:04 +0530

Mishra Dhatu Nigam closes tad higher than issue price

The stock touched an intraday high of Rs 91 and low of Rs 86.05 after opening 3.3 percent lower at Rs 87.
Wed, 04 Apr 2018 17:12:22 +0530

ICICI Securities makes weak debut; stock dips 14% below issue price

The stock got listed at Rs 431.10 with a discount of 17.09 per cent over the issue price. During the day, it touched an intra-day high of Rs 462.70 and an intra-day low of Rs 431.10.
Wed, 04 Apr 2018 15:20:20 +0530

Mishra Dhatu Nigam opens lower, falls over 4% to Rs 86.05

The stock price fell as much as 4.4 percent in morning to hit a day#39;s low of Rs 86.05 while it touched an intraday high of Rs 90.90.
Wed, 04 Apr 2018 10:33:32 +0530

ICICI Securities debuts at Rs 453.80, down 13% from issue price

The stock price debuted at Rs 453.80 on the National Stock Exchange, down 12.73 percent compared to issue price of Rs 520.
Wed, 04 Apr 2018 10:08:15 +0530

4 PSUs file IPO papers with Sebi

Railway infrastructure firm Ircon International and warship maker Garden Reach Shipbuilders and Engineers are the other two firms which have filed IPO papers.
Mon, 02 Apr 2018 19:19:16 +0530

Karda Construction debuts with a discount of 24% at Rs 136

The stock listed at Rs 136, a discount of 24 percent to the issue price of Rs 180.
Mon, 02 Apr 2018 10:14:27 +0530

New Listing: Sandhar Technologies lists at a premium of 5% at Rs 349

The stock listed at Rs 349, a gain of Rs 27 to the issue price of Rs 332 per share.
Mon, 02 Apr 2018 10:04:22 +0530

Sandhar Technologies, Karda Construction to debut on bourses on April 2

Sandhar Technologies has fixed the final issue price at Rs 332 per share and Karda at Rs 180 per share.
Wed, 28 Mar 2018 23:50:20 +0530

Government has no intention of infusing funds in company: HAL

It was no fireworks for Hindustan Aeronautics Limited (HAL) debut on dalal street. The defence major listed at Rs 1,159 per share versus issue price of Rs 1,215 per share.
Wed, 28 Mar 2018 15:07:13 +0530

Hindustan Aeronautics debuts at Rs 1,159, falls 5% from issue price

The stock price has opened at Rs 1,159 on the National Stock Exchange while it started off trade at Rs 1,169 on the BSE, falling 4 percent.
Wed, 28 Mar 2018 10:05:24 +0530
Market Live: Nifty inching towards 10,600 ahead of expiry; Wipro falls 4% post Q4 nos

Benchmark indices were flat in pre-opening trade, following mixed trend Asian stocks.
Thu, 26 Apr 2018 09:07:09 +0530

Banks, metals drag Nifty below 10,600 ahead of FO expiry; Sensex falls 115 pts, IT shines

Experts largely expect the Nifty to be volatile on Thursday and see expiry in the range of 10,500-10,600 levels.
Wed, 25 Apr 2018 16:42:13 +0530

Closing Bell: Nifty ends below 10,600 ahead of FO expiry, Sensex falls 115 pts

In the medium term, geopolitical tensions in the Middle East, increasing US government debt and rising inflation pressures, volatility and lower equity markets could support gold prices, CARE Ratings said.
Wed, 25 Apr 2018 09:06:41 +0530

RIL, ICICI Bank, HDFC lift Sensex 166 pts; Nifty ends above 10,600 for 1st time since Feb 5

Index heavyweights Reliance Industries, HDFC and ICICI Bank helped the Nifty close above 10,600-mark for the first time since February 5, 2018, though the pressure in metals and technology stocks capped upside
Tue, 24 Apr 2018 16:20:11 +0530

Closing Bell: Sensex gains 166 pts, Nifty ends above 10,600; midcaps underperform

Ashok Leyland, Shriram Transport, Cholamandalam Finance, GNFC, Delta Corp, Gati, Swaraj Engines and Thomas Cook rallied up to 5 percent.
Tue, 24 Apr 2018 09:10:12 +0530

Closing Bell: Sensex ends flat, Nifty below 10,600; pharma gains

ICICI Bank, Infosys, Bajaj Finance, SBI, Axis Bank, Adani Ports, Hero Motocorp and Bharti Airtel fell up to 2 percent.
Mon, 23 Apr 2018 09:51:52 +0530

Closing Bell: Sensex ends off day’s low points, Nifty above 10,550; IT surges

The Sensex is down 11.71 points or 0.03% at 34415.58, while the Nifty is down 1.30 points or 0.01% at 10564.00.
Fri, 20 Apr 2018 09:07:19 +0530

Metals, IT stocks help Sensex rebound nearly 100 pts; crude drags oil retailers up to 7%

Oil retailers HPCL, BPCL and IOC were down between 4 percent and 7 percent after sharp rally in crude prices but state-owned oil exploration companies ONGC rose 1 percent and Oil India climbed 3 percent.
Thu, 19 Apr 2018 16:31:58 +0530

Closing Bell: Global cues push Sensex, Nifty higher; midcaps outperform

Fortis Healthcare, Mishra Dhatu, Mindtree, HDFC Standard Life, Phoenix Mills, Aban Offshore, Godrej Industries, Godrej Consumer Products, Dabur and Kaya gained up to 7 percent.
Thu, 19 Apr 2018 09:07:00 +0530

Sensex snaps 9-day winning streak on correction in banks, but ITC caps losses

The Nifty Midcap index also closed in the red. About three shares declined for every two shares rising on the NSE.
Wed, 18 Apr 2018 16:30:18 +0530

Closing Bell: Sensex, Nifty close lower; banks drag but FMCG stocks support

Kamat Hotels, Jet Airways, Andhra Bank, Bank of Baroda, Jaypee Infratech, Bhushan Steel, OBC, Balrampur Chini, Alok Industries fell up to 5 percent.
Wed, 18 Apr 2018 09:01:18 +0530

Sensex, Nifty clock gains for 9th consecutive session; investors await corporate earnings

Jewellery stocks Goenka Diamond, PC Jeweller, Titan Company, Renaissance Jewellery, Tara Jewels and TBZ gained up to 9 percent ahead of Akshaya Tritiya tomorrow.
Tue, 17 Apr 2018 16:42:35 +0530

Closing Bell: Sensex ends rangebound session higher; hotels, jewellery, realty stocks rally

Benchmark indices were in the green in pre-opening trade, following positive lead from global peers.
Tue, 17 Apr 2018 09:07:56 +0530

Last hour recovery lifts Nifty above 10,500, Sensex 113 pts; midcaps outperform

HDFC twins, FMCG, pharma and select auto stocks supported the market, but the weakness Infosys and Tata Motors capped gains.
Mon, 16 Apr 2018 16:41:50 +0530

Closing Bell: Sensex gains 113 pts, Nifty ends above 10,500; Tata Motors dips 5%

Infosys was down 4 percent after lowering of full year EBIT margin guidance.
Mon, 16 Apr 2018 09:09:32 +0530
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