Thursday Market Hot Stock News

Reserve Bank of India has removed the name of Kotak Mahindra Bank from Foreign Investment ban list. Higher movements are expected today from Kotak Mahindra Stock. Due to the hearing of call drop case in Supreme court the stocks of Bharti Airtel, Reliance Communications and Idea Cellular seems very active today. However, all these stocks are already moving in negative zone. 

The Cabinet Committee of Economic Affairs will give declaration on the increment Natural Gas prices. This increment will definitely affect the ONGC Stock. Dalmia Bharat has allotted 75 lakh shares to KKR. After this announcement the stock of Dalmia Bharat took a big jump and currently moving up with the hike of 4.03%. Expert Advice to 

Buy Dalmia Bharat above: 763.14 Targets: 769.67 - 776.62 - 783.6 Stoploss : 756.25

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Mutual Fund Asset Hit the Record Last Month

Mutual Fund Asset maintained its hike even in the last month of 2015 and closed with the growth of 21%. Equity and Debt fund received much hike in comparison to the other funds. 

According to the reports given by Global Rating Agency Crisil, Mutual Fund asset has received the gain of 1.8% in the last 3 months of 2015. Due to that, assets have crossed the level of Rs 13.99 lakh crore and even though it is 24% less in comparison to 2014. Investors have invested in Equity Mutual Funds, even when Equity Market was going down. In Long term Debt Fund has received the hike of 56%, after the reduction in repo rate by Reserve Bank of India.

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