Penny club swells 50%, but don’t fall for big names at low prices

THE ECONOMIC TIMES Fri, Nov 02, 2018 | 06:32 AM IST ET Investment Opportunities

Penny club swells 50%, but don't fall for big names at low prices Many of the companies dragged to the NCLT for insolvency proceedings have turned penny. Look back, Nifty is telling where it is headed & what may work At present, the market is in consolidation mode due to various macroeconomic headwinds. No Diwali firework at malls and market: Here's what explains it Urban demand for consumer durables and automobile, too, has slowdown down. Equity rout wiped out Rs 26L cr; how should you position yourself? Analysts believe that it's a 'sell on rise' market for short-term investors.

Advertorial The key to retiring early: 3 things you need to do Early retirement, in India, always meant VRS (voluntary retirement), which was focused on getting your gratuity and other funds at a younger age. Advertorial Steps to reach your life goals We all have life goals that we need to focus on. Whether it is planning for your dream vacation or dream wedding, investing in the right financial instruments is the key to turning your life goals into realities.

Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth -2.14 -8.88 -9.54 14.71 JM Core 11 Fund-Growth -2.20 -9.26 -10.27 13.25 ICICI Prudential Bluechip Fund Institutional I-Growth -3.64 -2.68 -1.24 12.01 ICICI Prudential Nifty Next 50 Index Direct-Growth -2.15 -12.49 -10.03 11.68 IDBI Nifty Junior Index Fund Direct-Growth -2.06 -12.26 -10.18 11.43 FeaturedDSP Midcap Direct Plan-Growth ★★★★★ 0.02 -14.00 -9.41 11.90 Start SIP

Economic Times Biz Listings Are you a Financial Service Provider? Are you looking for Financial Advice? List your Business to get Leads Find trusted Professionals near you

Promoters upped stakes in these firms; should you bet too? Promoters of close to 350 companies on the BSE have increased their stakes across the board. Crude prices may have cooled, but Iran sanctions a big worry Oil market will keep its focus on Iran sanctions, which will take effect on November 4. What's in it for India in $75b currency swap pact with Japan Subhash Garg said the agreement was one of the largest swap arrangements in the world. Bulls likely to stage a fightback before the final surrender Market participants expect the US economic growth to continue well into 2020.

Advertorial 4 Excuses women make for not having a health insurance cover A majority of women living in non-metros who don't have health insurance are under the notion that they are very fit and healthy, according to a survey. Advertorial FAQs About Recurring Deposits: Everything you need to know Unlike Fixed Deposit, you can deposit a fixed sum with your Bank or Post Office for a pre-defined term every month.

Two themes to balance risk and return: Nilesh Shah, Kotak AMC Give NBFCs sufficient credit or GDP growth and corporate earnings will be affected, says Shah. How to fund your child's education through mutual funds? Most Indians understand that the higher education is going to cost a lot in the coming years.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Tata FMP Series 56 Scheme E Direct-D Debt: FMP Closed-end 19 Oct 2018 02 Nov 2018 5,000 Tata FMP Series 56 Scheme E Direct-G Debt: FMP Closed-end 19 Oct 2018 02 Nov 2018 5,000 Tata FMP Series 56 Scheme E Reg-D Debt: FMP Closed-end 19 Oct 2018 02 Nov 2018 5,000 Tata FMP Series 56 Scheme E Reg-G Debt: FMP Closed-end 19 Oct 2018 02 Nov 2018 5,000 ICICI Pru FMP - Series 84 1247 Days Plan M Direct-G Debt: FMP Closed-end 02 Nov 2018 05 Nov 2018 5,000 More >>

Real Estate News

What makes this Gurugram locality attractive for buyers Excellent connectivity through MG Road, NH-48, Golf Course Road, Delhi Metro and Gurgaon Rapid Metro make this locality attractive for buyers.

Real estate festive offers: What's on offer and what you should do While the festive season offers from builders helps in taking the plunge and buying the property, caution should be followed in falling for such deals.

Bengaluru sheds maximum unsold stock in a year, report Bangalore's housing sales increased by 26% in the September quarter over the same period last year, the highest amongst all cities.

Rera orders forensic audit of Ansal projects After hearing complaints and views by the developer, UP RERA ruled that the activities of Ansals be restricted as the grievances of buyers sounded genuine.

Centre approves construction of 2.15 lakh houses under PMAY-Urban According to the ministry, with the sanctioning of 2,15,083 more housing units, the total number of houses being funded under the PMAY(U) across the country would be 62,53,731.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Sundaram Long Term Tax Advantage Fund Series VI Reg-G Equity: ELSS Closed-end 25 Sep 2018 24 Dec 2018 500 Sundaram Long Term Tax Advantage Fund Series VI Direct-G Equity: ELSS Closed-end 25 Sep 2018 24 Dec 2018 500 Sundaram Long Term Tax Advantage Fund Series VI Direct-D Equity: ELSS Closed-end 25 Sep 2018 24 Dec 2018 500 Sundaram Long Term Tax Advantage Fund Series VI Reg-D Equity: ELSS Closed-end 25 Sep 2018 24 Dec 2018 500 Mahindra Rural Bharat And Consumption Yojana Direct-G Equity: Thematic Open-ended 19 Oct 2018 02 Nov 2018 1,000 More >>

Views and Recommendations

Buy The Ramco Cements, target Rs 720: Sharekhan 01 November, 2018, 02:39 PM IST Buy The Ramco Cements Ltd. at a price target of Rs 720. Buy Buy Larsen & Toubro, target Rs 1,655: Sharekhan 01 November, 2018, 02:38 PM IST Buy Larsen & Toubro Ltd. at a price target of Rs 1655. Buy Buy Prestige Estates Projects, target Rs 309: HDFC Securities 01 November, 2018, 02:36 PM IST Buy Prestige Estates Projects Ltd. at a price target of Rs 309. Buy Buy Cholamandalam Investment & Finance Company, target Rs 1,553: HDFC Securities 01 November, 2018, 02:35 PM IST Buy Cholamandalam Investment & Finance Company at a price target of Rs 1,553. Buy

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

Markets Watch Round up of stock, currency, bond, money and real estate market

ET Panache Latest in the world of fashion, technology, food and celebrity

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2018 Times Internet Limited.

ET Investment Opportunities is now part of your favourite ET Wealth mailer. Property, Stocks, IPOs, NFOs and Mutual Funds – get the latest investment options in your mail box every week with ET Investment Opportunities.

To unsubscribe or edit your subscriptions please click here