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From the Sensex pack, Axis Bank, Infosys, SBI, Wipro and JSW Steel closed lower, while Tata Motors, IndusInd Bank, HCL Tech, and Nestle ended with gains

The rupee closed at 83.2625 against the U.S. dollar, slightly weaker than its previous close of 83.2425. The local unit posted a weekly loss of 0.1%, marking its third consecutive week of decline.

Indian frontline indices ended with declines on Friday led by selling pressure in bank IT and metal stocks, though a surge in auto counters helped narrow losses.

As per the latest corporate shareholding data, Agrawal publicly holds 58 stocks with a net worth of over Rs 4,195.1 crore.

October 13, 2023, stands as a remarkable day when midcap and smallcap stocks demonstrated their strength and potential, reaffirming their role as valuable contributors to the dynamic landscape of the stock market.

On October 12, StockEdge reported a surge in the Relative Strength Index (RSI) for 39 stocks. ETMarkets has sifted through this list to bring you 10 stocks that are trending up.

“There is a perception that there is no need to differentiate the professional young women by gender because they are already as empowered, as knowledgeable as anybody else. Their risk appetite or behaviour is as good or as bad as any other investor will have. The mutual fund products are the most democratized products representing anybody who has been putting Rs 500 crore or somebody who is doing an SIP of Rs 500 ”

Short-term debt funds are categorized based on the investment horizon. For investments of a few days or weeks, liquid and overnight funds are appropriate. For a horizon of six months to a year, money market, ultra short duration, and low duration funds are suitable. Short duration funds are recommended for a horizon of two to three-and-a-half years. The yield or return expectation for these funds ranges from 6.8% to 7.2%. There is an inverse relationship between interest rates and returns.

The stock quoted a 52-week high price of Rs 1974.95 and a 52-week low of Rs 1171.05.