EQUITY MARKET OVERVIEW
(Updated on Every Sunday)Read more...
Post the state assembly elections and the opinion polls thereafter (after which the market opened gap up), the market seems to have got back some vigour. The opinion polls are suggesting that BJP could come out a winner in at least 3 out of 4 states and this expected outcome is driving the investor sentiment.
A continued strong sentiment could help Indian market take any tapering announcement also in its stride. Mutual funds too have started raising money and Indian financial institutions could turn net buyers as well.
If the poll results are not in favour of the BJP, the sentiment could go sour and the market could decline probability of this however seems low.
HDFC Tax Saver
Nav as on 12/07/2013 51.00
1 year annualised returns 5.03 br/>
Since inception 28.73
DSP Blackrock Top 100 Equity Fund
Nav as on 12/07/2013 20.21
1 year annualised returns 1.17
Since inception 25.23 br/>
Birla Sun Life Forntline Equity Fund
Nav as on 12/07/2013 21.64
1 year annualised returns 8.03
Since inception 23.38 br/>
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In order to comply with regulatory provisions under the Prevention of Money Laundering
Act 2002, Rules issued there under and related guidelines/circulars issued by SEBI,
KYC formalities are required to be completed for all Unit Holders, including Guardians
and Power of Attorney holders, for any investment (whether new or additional purchase)
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a wholly owned subsidiary of Central Depository Services (India) Ltd. (CDSL)).
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