video
+91 9333100221
samparkonline@yahoo.co.in

Financial Planning

Nowadays Financial Planning has become a buzzword in the financial services industry. Banks, insurance agents, mutual fund distributors, etc use this term a lot. An insurance agent will call himself a financial planner & a big bank may offer financial planning services. But what are they providing under the term financial planning. Most of them just use the term financial planning very superficially & are actually just selling financial products. So an insurance agent will just sell you another Unit linked insurance plan saying that this is offering best returns, giving tax benefits & it is the best financial planning you can get. The question of insurance is usually omitted, ironically.

 

Banks which offer financial planning are actually just selling mutual fund schemes, portfolio management schemes or any new scheme which they can get their hands on. There are some who do give you a written document known as a financial plan but this usually does not give you any insight on your finances but is usually a more polished way of telling you what to buy. The reason for this is that most of them earn good commissions on sales made. The question of good, practical & unbiased advice for consumers is very much absent.

~~~~~~~~~~~~~~~~~~~~~~~~

So what is true financial planning?


A mutual fund advisor, stock broker or portfolio advisor will usually advice you only on your investments, ignoring insurance needs, tax angle & goal-planning. A tax advisor will just show you how to save tax, not realising that just blind tax-saving is not right. An insurance agent goes a step ahead. He will most probably advice you on your retirement needs, investments & tax-planning but he somehow fails to advise you properly on the main reason you came to him, insurance! A financial planner keeping in mind all the above factors i.e. your financial goals, insurance needs, investments, cash flow, etc shows you the full picture of your finances or in other words the elephant!

 

Financial planning is thus, a systematic approach to your personal finances. When you have a target, you tend to work towards it. Thus when you write down your financial goals such as comfortable retirement, childs education or even a dream vacation, you have visualised a target. Then you need to see where you stand. This means seeing your current  financial status i.e. income, expenses, assets & liabilities. These are just like the four legs of a table. The table being in this case, your financial plan. The next step is to bridge these two i.e. where you are & where you want to be. An unbiased approach is of importance here. You may or may not need a product. If you need a product, the best should be advised.

 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

This brings up the question- why sign up for Personalised Financial Planning services with us?

 

1. We offer unbiased financial advice & product recommendations in your financial plan.

 

2. Our plans are made with full integrity & honesty.

 

3. The financial plan made for you is fully customised. This is not a stock plan or basic plan. We will deliver the plan in 21 working days. If it was just a stock plan, we could give it in 1 day.

 

4. Data provided by you is private & confidential. We do not display your data on our site nor do we pass it on to anyone. Even your plan is not uploaded on the site.

 

5. Our Services are fee-based. Financial plans are usually made for a fee, which is right as it shows that the advice given is unbiased. In this fee-based service we personally meet clients & advise them on their personal finance. Its a more of a hands-on approach. As the name suggests we are coaching & educating the client in all aspects of financial planning. This in turn builds a life-long relationship based on mutual trust & respect.

 

6. This will be a yearly service & includes the financial plan, investment advice, product advice, semi-annual review meeting & telephonic support. Most importantly the advice will be un-biased & made with only your financial goals in mind.

 

If you are looking for a financial planner who is really keen on educating you & backing their advice with strong reasoning, look no further! We believe in not giving you a fish, but teaching you how to fish!

 

These are some of the reasons for making a financial plan through us. Ultimately our goal is to show you the right path towards your financial goals as well as educate you on personal finance. We feel an educated customer is a long-term customer. Only with a proper financial plan will you be able to understand what needs to be done to achieve financial nirvana. This is true financial planning!

 

If you would like to sign up for our Personalised Financial Planning service you may write in to us at samparkonline@yahoo.co.in or call us on 091-9333100221.

 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

FREE FINANCIAL PLANNING CLASSES :


It is a initiative started with the aim of educating each individual in dealing their financial life, making aware about mis-selling which may come into your life at any time through any means. Ignorance is route cause for all such bad practices. Hence to protect yourself you need financial literacy which can grow your financial life and protect from bad advises and thus bad investment.

 

FINANCIAL PLANNING :


We provide comprehensive financial planning services which include-

> Analysis of your current financial position

> Emergency Fund analysis

> Protection Planning

> Investment Planning

> Retirement Planning

> Planning for Accumulation goals (kids education etc..)

> Tax Planning

> Estate Planning

> Debt management


Online Services :


We provide each and every client a unique ID with a unique password, through which he can get his entire investment portfolio in a single page, benefit from customized advice and even make transactions, on our website, just a click away! Whats more, you can keep track of your dividends / bonus / rights issues with paperless tracking. So you always know how fast your investment is growing.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The Financial Planning Process :


The financial planning process consists of the following six steps:


1.Establish and define the client-planner relationship.

The financial planner should clearly explain and document the services that he or she will provide to you and define both his/her and your responsibilities during the financial planning engagement. The financial planner should explain fully how he or she will be paid and by whom. You and the planner should agree on how long the professional relationship should last and on how decisions will be made.

 

2.Gather client data, including goals.

The financial planner should ask for information about your financial situation. You and the planner should mutually define your personal and financial goals, understand your time frame for results and discuss, if relevant, how you feel about risk. The financial planner should gather all the necessary documents before giving you the advice you need.

 

3.Analyze and evaluate your financial status.

The financial planner should analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.

 

4.Develop and present financial planning recommendations and/or alternatives.

The financial planner should offer financial planning recommendations that address your goals, based on the information you provide. The planner should go over the recommendations with you to help you understand them so that you can make informed decisions. The planner should also listen to your concerns and revise the recommendations as appropriate.

 

5.Implement the financial planning recommendations.

You and the financial planner should agree on how the recommendations will be carried out. The planner may carry out the recommendations or serve as your coach, coordinating the process with you and other professionals such as attorneys, accountants or stockbrokers.

 

6.Monitor the financial planning recommendations.

You and the financial planner should agree on who will monitor your progress towards your goals. If the planner is in charge of the process, he or she should report to you periodically to review your situation and adjust the recommendations, if needed, as your life changes.

The Financial Planning Process

The financial planning process consists of the following six steps:

  1. Establish and define the client-planner relationship.

    The financial planner should clearly explain and document the services that he or she will provide to you and define both his/her and your responsibilities during the financial planning engagement. The financial planner should explain fully how he or she will be paid and by whom. You and the planner should agree on how long the professional relationship should last and on how decisions will be made.

  2. Gather client data, including goals.

    The financial planner should ask for information about your financial situation. You and the planner should mutually define your personal and financial goals, understand your time frame for results and discuss, if relevant, how you feel about risk. The financial planner should gather all the necessary documents before giving you the advice you need.

  3. Analyze and evaluate your financial status.

    The financial planner should analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.

  4. Develop and present financial planning recommendations and/or alternatives.

    The financial planner should offer financial planning recommendations that address your goals, based on the information you provide. The planner should go over the recommendations with you to help you understand them so that you can make informed decisions. The planner should also listen to your concerns and revise the recommendations as appropriate.

  5. Implement the financial planning recommendations.

    You and the financial planner should agree on how the recommendations will be carried out. The planner may carry out the recommendations or serve as your coach, coordinating the process with you and other professionals such as attorneys, accountants or stockbrokers.

  6. Monitor the financial planning recommendations.

    You and the financial planner should agree on who will monitor your progress towards your goals. If the planner is in charge of the process, he or she should report to you periodically to review your situation and adjust the recommendations, if needed, as your life changes.

- See more at: http://www.fpsb.org/learnaboutfinancialplanning/financialplanningprocess.html#sthash.fzHeOtN9.dpuf

The Financial Planning Process

The financial planning process consists of the following six steps:

  1. Establish and define the client-planner relationship.

    The financial planner should clearly explain and document the services that he or she will provide to you and define both his/her and your responsibilities during the financial planning engagement. The financial planner should explain fully how he or she will be paid and by whom. You and the planner should agree on how long the professional relationship should last and on how decisions will be made.

  2. Gather client data, including goals.

    The financial planner should ask for information about your financial situation. You and the planner should mutually define your personal and financial goals, understand your time frame for results and discuss, if relevant, how you feel about risk. The financial planner should gather all the necessary documents before giving you the advice you need.

  3. Analyze and evaluate your financial status.

    The financial planner should analyze your information to assess your current situation and determine what you must do to meet your goals. Depending on what services you have asked for, this could include analyzing your assets, liabilities and cash flow, current insurance coverage, investments or tax strategies.

  4. Develop and present financial planning recommendations and/or alternatives.

    The financial planner should offer financial planning recommendations that address your goals, based on the information you provide. The planner should go over the recommendations with you to help you understand them so that you can make informed decisions. The planner should also listen to your concerns and revise the recommendations as appropriate.

  5. Implement the financial planning recommendations.

    You and the financial planner should agree on how the recommendations will be carried out. The planner may carry out the recommendations or serve as your coach, coordinating the process with you and other professionals such as attorneys, accountants or stockbrokers.

  6. Monitor the financial planning recommendations.

    You and the financial planner should agree on who will monitor your progress towards your goals. If the planner is in charge of the process, he or she should report to you periodically to review your situation and adjust the recommendations, if needed, as your life changes.

- See more at: http://www.fpsb.org/learnaboutfinancialplanning/financialplanningprocess.html#sthash.2tpKOwt6.dpuf

Open Online Mutual Fund Account

Request a Call Back

  • MF News
  • Market News

Strangely, the favourite categories in 2022, flexi cap funds and large cap funds, saw outflows in November. On the other hand, debt mutual funds saw positive inflows worth Rs 3,668.59 crore, a big leap from October’s outflows.
2022-12-09T13:09:55+05:30


If I look at it from a behaviour perspective it is not happening on a immediate basis. But if you look at it from a longer term perspective then maybe it will take many more years to reach that crisis. I do not think it is happening. I think inflation is settling down, when we look at the core CPI number, things are changing globally. So I am not that pessimistic at this point in time the way market participants are.
2022-12-09T11:28:58+05:30


The relative outperformance of equity in India, with positive returns vis-a-vis sharp corrections across most large global markets - both developed and emerging, was certainly a big boost for Indian equity investors.
2022-12-09T09:52:05+05:30


Pathak expects yields to remain at these levels, given his prediction that India's central bank will hike policy rates one more time in February before pausing.
2022-12-09T09:31:56+05:30


Flexi cap schemes are typically recommended to moderate investors to create wealth over a long period of time. Ideally, one should invest in these schemes with an investment horizon of five to seven years.
2022-12-09T09:04:56+05:30


There were other equity mutual fund schemes that posted negative returns in 2022. However, we considered only 10 schemes that lost the most in 2022.
2022-12-08T11:07:40+05:30


Of the 10.21 per cent stake, abrdn Investment is looking to place up to 2,11,18,578 shares, amounting to 9.9 per cent with a single buyer, and the rest being sold separately.
2022-12-08T09:37:01+05:30


The MF equity exposure includes equity funds, balanced funds, solutions-oriented schemes and exchange traded funds (ETFs).
2022-12-08T09:33:31+05:30


I think the time has come for India-dedicated fund allocation. This is the cusp, and we will see between now and the next few years, a tsunami of money flowing to India. So, India will be the preferred market.
2022-12-08T09:31:12+05:30


Tax saving mutual funds or Equity Linked Savings Schemes (ELSSs) help you to save income tax under Section 80C of the IT Act. Here are our recommendations for 2023.
2022-12-08T09:31:07+05:30


Through the launch of this new series in the fourth tranche, Edelweiss Mutual Fund proposes to raise an initial amount of Rs 1,000 crore with a green shoe option of Rs 4,000 crore.
2022-12-07T13:29:57+05:30


Rate hikes and continued reduction in durable liquidity surplus are positive for short-term debt fund categories like the liquid fund.
2022-12-07T13:21:35+05:30


Nippon India Large Cap Fund was the topper among the active funds, with around 14% returns. HDFC Top 100 Fund was in the second position. The scheme offered around 13% returns. Taurus Largecap Equity Fund followed, with 11% returns. ICICI Prudential Bluechip Fund offered around 9% returns.
2022-12-07T12:50:22+05:30


This is the fifth rate hike by the central bank in this financial year. Prior to this, the RBI had raised the repo rate by 40 bps in May and 50 bps in June, August and September.
2022-12-07T11:17:31+05:30


Sebi mandates investors to be KYC (know your client) compliant before they start investing in a mutual fund scheme.
2022-12-07T09:44:48+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2022-12-06T14:36:31+05:30


Three hybrid schemes were among the top five schemes on the list. HDFC Balanced Advantage Fund was investor’s favourite in 2022.
2022-12-06T12:48:12+05:30


We reached out to Suresh Sadagopan, chief financial planner, Ladder7 Wealth Planners, to find out what he thinks about the investment space in 2022.
2022-12-06T10:53:19+05:30


As per the Sebi mandate, conservative hybrid schemes invest 75-90% in debt instruments and 10-25% in stocks. These schemes are meant for investors looking to invest a small part of their money in equity to get some extra returns.
2022-12-06T10:13:15+05:30


The one category that generated the most buzz in 2022 was in fact a debt fund category: target maturity funds or TMFs. The year saw a whopping number of new TMFs being launched by fund houses.
2022-12-06T09:48:55+05:30


SBI PSU Fund not only topped the return charts in its own category but also managed to outperform all the other equity-oriented funds across categories.
2022-12-05T13:16:24+05:30


Ankita Narsey,Owner, Oak Tree Personal Finance, a mutual fund distribution firm, says she remembers the year for the maturity shown by investors.
2022-12-05T13:07:50+05:30


​First, large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. These large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.
2022-12-05T10:23:19+05:30


While the portfolio is diversified, it takes large positions in the top few bets. The fund has lagged behind the index in recent years but retains outperformance over its category average.
2022-12-05T06:30:00+05:30


Nine out of 10 banks polled by ET expect the central bank to hike rates by 35 basis points - 0.35 of a percentage point - or less at the December 5-7 meeting of the monetary policy committee (MPC). While five of the nine predict a rate increase of 35 bps, two expect it will be in a range of 25-35 bps, another two project a 25 bps hike.
2022-12-05T06:19:10+05:30


2022-12-02T16:20:47+05:30


The good thing is that Indian mutual fund investors have matured a lot. Unlike the past decade, Indian MF investors bought on every dip.
2022-12-02T11:34:26+05:30


If we look at the inflows in these two funds categories in the calendar year 2022, it is Rs 33,920 crore in mid cap funds and Rs 29,240 crore in small cap funds, which is 10.71% and 9.23% of overall inflows in equity funds respectively.
2022-12-02T10:37:15+05:30


Among the sectoral funds, IT has been the worst affected this year. While infra and banking funds are up about 11% and 21% respectively, pharma funds are down about 6% so far.
2022-12-02T10:21:24+05:30


"Our preferred portfolio stance has been India-centric growth sectors like, financials, consumer discretionary and industrials for much of this year and this largely stays but pockets of value have started to emerge in some of the global-oriented sectors such as technology, pharmaceuticals, and commodities. Some of these would also receive support to their earnings from a weak currency."
2022-12-02T09:40:00+05:30


"Investors can start allocating small amounts to long duration products as the risk of mark-to-market loss has reduced significantly," says Sachin Jain, Mutual Fund Analyst, ICICI Securities.
2022-12-02T09:05:38+05:30


The capital markets regulator said in a communication to the industry on November 30, Telegram is rife with dubious groups masquerading as fund houses. Sebi's warning to the industry comes in the wake of instances where investors have been defrauded by these telegram group operators, said three mutual fund industry officials.
2022-12-02T06:51:21+05:30


This is a passive fund that is relatively low cost, compared to actively managed schemes that tend to have a higher expense ratio.
2022-12-01T14:18:47+05:30


“A positive thing has been the continuous SIP inflows by retail investors. So, clearly, the message that ‘timing the markets’ doesn’t work is reaching investors. This has supported Indian markets amid widespread foreign sell-off,” says Prableen Bajpai, founder, Finfix Research & Analytics
2022-12-01T12:28:01+05:30


The BHARAT Bond ETF is India's first corporate bond ETF and it is an initiative of the Government of India, from the Department of Investment and Public Asset Management and the latter has given the mandate to Edelweiss Mutual Fund to design, launch and manage the product.
2022-12-01T11:40:34+05:30


Online mutual funds distribution platform BSE StAR MF has surpassed its previous high to process record 2.32 crore transactions in November, clocking a growth of 10% month-on-month and 38% year-on-year.
2022-12-01T11:32:14+05:30


We reached out to NJ Mutual Fund, one of the new entrants in the mutual fund industry, to find out about its journey in the last one and a half year. Rajiv Shastri, Director and CEO, NJ AMC says that 2022 was challenging and he learnt a lot.
2022-12-01T11:10:27+05:30


IDFC AMC is one of the top 10 AMCs in the country with an average assets under management of over Rs 1.2 lakh crore. It has investment products across equities, fixed income, and hybrid.
2022-12-01T10:37:51+05:30


Equity indices have delivered 11-12% over a long period since 1995. Should a householder invest only in equities then? Probably that would not be wise.
2022-12-01T09:49:07+05:30


The regulator said the initial margin payable by the client to the stock broker should be in the form of cash, cash equivalent or equity ETFs.
2022-12-01T07:33:45+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2022-11-30T15:34:59+05:30


“In order to avoid inconsistency in investment by MFs in debt instruments of an issuer, irrespective of the scheme being actively or passively managed, it has been decided to introduce a similar credit rating based single issuer limit for actively managed mutual fund schemes,” Sebi said.
2022-11-30T11:28:24+05:30


Currently, credit risk-based single-issuer limits are allowed for debt exchange-traded funds to enable them to effectively manage the risk associated with such investments.
2022-11-30T08:14:09+05:30


​A Systematic Investment Plan (SIP) is a mode of investment offered by mutual funds. Using this method, an investor can put in a fixed amount of money at predefined intervals in a chosen mutual fund scheme.
2022-11-30T08:12:14+05:30


Foreign portfolio investors (FPIs) net bought Indian shares worth ₹1,241.57 crore on Tuesday, showed provisional data from the stock exchanges. So far this month, including Tuesday's provisional data, FPIs have purchased shares worth nearly ₹29,284 crore in the cash segment, the best in three months.
2022-11-30T07:14:31+05:30


“Segments like consumer durables where the valuations have not corrected and are not reflecting the current picture of some slowdown seen in the overall consumption, the competitive pressure is very high and the inability of the companies to pass on the pricing. That is leading to margin contraction and those probably are not getting fully reflected in the valuations.”
2022-11-29T15:10:46+05:30


The Quant ESG Fund is one-year old and is the topper in the category, where a few schemes like Invesco India ESG Fund, ABSL ESG Fund and Axis ESG Fund have offered negative returns in one year.
2022-11-29T13:54:42+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2022-11-29T11:10:27+05:30


"Equity valuations are above average and not cheap. There are pockets like banking and PSU stocks which are attractive, while consumption is expensive," said Rajeev Thakkar, Chief Investment Officer, PPFAS Mutual Fund.
2022-11-29T09:51:31+05:30


"Debt has become an attractive asset class today because of the higher yields amid rising interest rates," said Sankaran Naren, executive director, ICICI Prudential Mutual Fund.
2022-11-29T09:36:28+05:30


Experts say Dalal Street will remain attractive because the return on equity is generally higher than FDs. “The lock-in period is 5 years in respect of tax saving FDs and to avail the favorable tax break the equity needs to be held for a period greater than 12 months, which is significantly less than FDs lock in,” said Archit Gupta, Founder and CEO, ClearTax.
2022-12-09T20:34:19+05:30


"The EU's oil embargo against Russia and the G7 price cap on Russian oil that came into force at the start of this week have been just as powerless to prevent this as the easing of coronavirus restrictions in China and robust Chinese crude oil imports have," Commerzbank analyst Carsten Fritsch said.
2022-12-09T20:13:52+05:30


The Dow Jones Industrial Average fell 34.77 points, or 0.10%, at the open to 33,746.71
2022-12-09T20:09:00+05:30


2022-12-09T20:00:24+05:30


In October 2021, the country's foreign exchange kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.
2022-12-09T19:37:45+05:30


"The April 2033 issue of Bharat Bond ETF has been oversubscribed 2.8 times against the base issue size of Rs 1,000 cr. The total collection has crossed Rs 2,800 crore," Pandey tweeted.
2022-12-09T19:22:16+05:30


Waters said in a series of tweets to Bankman-Fried that based on multiple media interviews since FTX collapsed that it was "clear to us that the information you have thus far is sufficient for testimony."
2022-12-09T18:58:53+05:30


Earlier this week, SBI announced that its personal banking advances, excluding high value home loans, have crossed the Rs 5 lakh crore-mark.
2022-12-09T18:54:58+05:30


One can necessarily extrapolate what one IT major has said for the rest of the sector, but importantly, the broader trend clearly is that there is a lot of nervousness with regard to the US economy, and whether we are going to hit a soft landing or soft recession or full-blown recession
2022-12-09T18:53:55+05:30


2022-12-09T18:41:20+05:30


The RBI in the past has said changes in its reserves is a function of revaluation gains or losses, as well as market interventions.For the week ended Nov. 25, the country's reserves were at $550.14 billion. Overall, they have declined from $632.7 billion at the beginning of this year, as the RBI has sold a portion of the reserves to ease volatility in the currency markets.
2022-12-09T18:31:56+05:30


Sebi, in November, had put in place operational guidelines pertaining to "scheme of arrangement" by entities who have listed their debt securities -- non-convertible debentures (NCDs) or non-convertible redeemable preference shares (NCRPS).
2022-12-09T18:27:21+05:30


"Investors are in a wait-and-see mode. They are just waiting for the Fed and the European Central Bank meeting next week, which are going to be the final key market driver for this year," said Carlo Alberto De Casa, external analyst at Kinesis Money.
2022-12-09T18:15:40+05:30


2022-12-09T18:00:41+05:30


For more such web stories click on the ET icon below
2022-12-09T17:36:47+05:30


The Nifty Auto index closed 0.3 per cent down at 12869.4.
2022-12-09T17:27:25+05:30


The weekly charts also painted a bearish tone in the near term. “The short term uptrend status of Nifty seems to have reversed down. Having moved below the crucial support of 18,550-18,500 levels, Nifty is expected to slide down to the next key lower support
2022-12-09T17:22:20+05:30


In the Nifty 50 index, 18 stocks ended in the green, while 32 stocks closed in the red in today's trade.
2022-12-09T17:22:17+05:30


The NSE Nifty index closed 112.75 points down at 18496.6
2022-12-09T17:17:09+05:30


HCL Tech, Tech Mahindra, Infosys, Wipro and Hindalco were among the top losers on NSE in today's trade.
2022-12-09T17:12:00+05:30


The Nifty Pharma index closed 0.36 per cent up at 12774.7.
2022-12-09T17:06:51+05:30


The Nifty Bank index closed 0.08 per cent up at 43633.45.
2022-12-09T17:01:43+05:30


In the Nifty50 index, 18 stocks closed in the green, while 32 stocks ended in the red.
2022-12-09T16:56:33+05:30


Vaishali Pharma, Cubex Tubings, YES Bank, Punjab Sind Bank and Crown Lifters, hit their fresh 52-week highs during the day.
2022-12-09T16:51:26+05:30


All the sectoral indices, barring Nifty FMCG and Nifty Pharma, ended in the red.
2022-12-09T16:46:13+05:30


The 30-share BSE Sensex closed down 389.01 points at 62181.67
2022-12-09T16:41:14+05:30


The premium for Uniparts India has been correcting recently and is currently hovering around Rs 40 apiece over the issue price of Rs 577 apiece. It was around Rs 60-65 earlier. This is suggesting a soft landing for the company.Analysts tracking the grey market said muted financial performance, less-than expected subscription and the latest volatility in broader markets are denting the listing prospects of the company.
2022-12-09T16:39:47+05:30


The 30-share BSE Sensex closed down 389.01 points at 62181.67
2022-12-09T16:31:01+05:30


The NSE Nifty index closed 112.75 points down at 18496.6
2022-12-09T16:25:50+05:30


The 30-share BSE Sensex closed down 389.01 points at 62181.67
2022-12-09T16:20:42+05:30


The 30-share BSE Sensex closed down 389.01 points at 62181.67
2022-12-09T16:15:34+05:30


The 30-share BSE Sensex closed down 389.01 points at 62181.67
2022-12-09T16:10:25+05:30


In the Nifty pack, 18 stocks closed in the green, while 32 stocks ended in the red.
2022-12-09T16:05:17+05:30


The rupee ended at 82.27 per dollar after touching a session high of 82.0950, against its previous close of 82.42.The rupee had slumped rapidly since the start of the week to 82.50 and found stability only after the Reserve Bank of India (RBI) sounded a hawkish note on Wednesday after its policy meeting.
2022-12-09T16:01:17+05:30


The BSE Sensex closed 389.01 down at 62181.67 on Friday.
2022-12-09T16:00:09+05:30


The fall in domestic equities was led by the information technology pack after a profit warning by sector major HCL Technologies soured the mood
2022-12-09T15:54:29+05:30


2022-12-09T15:51:21+05:30


For more such web stories click on the ET icon below
2022-12-09T15:34:16+05:30


"The big victory of incumbent BJP in Gujarat will aid in continued policy momentum and preclude the need for any populist measures in the forthcoming budget, in our view," Motilal Oswal's research analyst Gautam Duggad said.
2022-12-09T15:20:11+05:30


Data on Thursday showing a rise in U.S. weekly jobless claims, however, has raised investor hopes that the Federal Reserve could temper its aggressive stance on interest rate hikes.
2022-12-09T14:39:17+05:30


Bank Nifty option chain reflects PE writers standing tall at 43,000/43,500 strikes
2022-12-09T14:34:54+05:30


U.S. stocks advanced overnight, with the S&P 500 snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of the Federal Reserve's interest rate hikes could soon slow.
2022-12-09T14:34:19+05:30


​But from a pure valuation perspective it is already trading at least 25 to 30% cheaper. So that way it gives a good opportunity for anybody to participate at this valuation and wait for a right stable environment when it can command slightly better multiple.
2022-12-09T14:27:35+05:30


A total of 9,195 shares changed hands on the counter till 02:11PM (IST).
2022-12-09T14:11:31+05:30


The stock traded at a P/E multiple of -18.44, while the price-to-book value ratio stood at -12.94.
2022-12-09T14:06:22+05:30


A total of 3,223 shares changed hands on the counter till 02:01PM (IST).
2022-12-09T14:01:15+05:30


However, the SIP book had a different story to tell. In November, the SIP inflow was at an all-time high at Rs 13,307 crore vs Rs 13,040 crore recorded in October. It was for the second straight month that the SIP flow was above Rs 13,000 crore mark.
2022-12-09T13:59:57+05:30


A total of 40,319 shares changed hands on the counter till 01:55PM (IST).
2022-12-09T13:56:05+05:30


A total of 323,825 shares changed hands on the counter till 01:50PM (IST).
2022-12-09T13:50:56+05:30


A total of 40,509 shares changed hands on the counter till 01:45PM (IST).
2022-12-09T13:45:47+05:30