Long Term Investment in Equity Mutual Fund Direct Plans

After completing 3 years, Equity Mutual Fund's direct plans have delivered the expected returns with the extra cumulative growth rate of 0.9%. ICICI Prudential, SBI, HDFC, Birla Sun life and Reliance Asset Management are the top five domestic Equity Mutual Funds responsible for denying the Suzuki's Gujarat plant proposal. 

At the end this week, Domestic Market started with a boost but couldn't maintain its level for long. Bank, Auto and Commodity sectors are facing loss. Expert says, Recovery in Crude oil prices was somehow beneficial for the Indian Equity Market and most of the Midcap and Smallcap shares are rising up. On Friday morning, Rupee opened at 66.79 per Dollar by dropping 8 paise.

Intraday Equity Tips by Experts 

Buy RECLTD above 213.10 target 217.40 stop loss 210.95 

Buy TATASTEEL above 10.40 target 11.40 stop loss 9.80

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Expert Analysis for December Index Market

1st December, Tuesday morning Trade Market gained 0.3% speed, Sensex went up 100 points and Nifty crossed 7960. RTNPower is the top Sensex Gainer and TATA Steel is the top Nifty Gainer with the positive change of 5.55% and 3.22% respectively.
According to our Expert Analysis, there are major chances that Nifty will cross 8000 in December and Midcap companies can give high returns.

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Future of Mutual Funds in Auto Sector

Mutual funds are currently investing 29985 crore rupees in Auto sector, which is 5.15% higher than the last month. Although, the Securities and Exchange Board of India is planning to bring in New Norms to restrict the excessive investment by any Mutual fund on one company.
According to experts, we will see the higher benefits of economic recovery in the auto sector in next 1 or 2 years. Stocks of Midcap and Smallcap companies are performing well and local market is expecting a much positive outlook by Midcap companies.

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Market Check 05 May 2015 Tuesday

05:37 pm- Kotak Mahindra Bank January-March quarterly Net Profit raised 29.48% to Rs 527 Crore. Bank Interest Income increased from Rs 967 crore to Rs 1123 crore. On YOY basis the growth in income from interest is 16.3%.

 

05:13 pm - Mentha oil is traded at Rs 1058 with gain of Rs 20 on Monday. In upcoming trading session Mentha oil price may reached to Rs 1120.

04:42 pm- SENSEX closed with slight decline on Tuesday trading session, SENSEX slipped 50 points and Nifty dropped 11 points. Bank and Auto index was down in today's trading session , while market got support due to buying of Commodity, Metal and Realty index. Read More... 

  
04:13 pm- Channa has taken upper circuit of 4% and its price reached above Rs 4370. Soyabean and Mustard is trading with 3% gain. Wheat price moved 1.25% higher, cotton price rise steadily and has been costly nearly 7%.

 

04:12 pm- Gold continues to fall, US non-form payroll data is going to declare this week, due to this Gold price has came to 1.5 low level in international market. Silver also traded under pressure. At MCX Gold June future is traded at 26782.00 down 0.32% and Silver May future is traded at 37032.00 down 0.26%.

 

01:55 pm- Investors can make more profit to invest in Housing Finance sector shares, this shares will give more than 20% return.

11:50 am- Market is moving ahead from slowness, SENSEX and Nifty gained 025%. Midcap and Small Cap shares are now in buying trend. CNX midcap index moved 0.75% up, and BSE Smallcap index gained 0.5%

11:12 am- Tata Power(May Future): Sell below 77.43 Target 76.76 stop loss 78.26.

  

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The 10 shares below Rs 50 will give high return

Kamdhenu Ispat

The share valuation is looking attractive, in third quarter company profit increrased 37.52%. The Research analyst advice to buy the share with target of Rs 50.

Genus Power Infrastructure

Brokerage firms expect high return of 56% from current level, in last 9 month income of company was raised 10% to 625 crore while profit decreased 26%. Government's increased infra expenses and economic improvement will benefited company. Experts recommend buy this share.

Pratibha Industry

This share touch Rs 81 level in 1 year. Company order book is good and its margin is expected to improve. Expert advice >>Buy

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