Latest Stock Market News

Funds across categories were considered, and the worst performers belonged to the equity space.

"The under ownership in railway, defence and power continues to be a sour spot. There are enough people who are calling it for a top and so on. They may be when stocks go up 300%; if a 20% downside happens, there will be alarm bells but in no way can you change the future of these companies. These are now trending for the next three-five years.”

“There is no need for you to just select one and then say this is for all my requirements. Both can be selected but you need to know that in target maturity funds, you need not have active fund management. You can actually make the investment and forget about it.”

The 30-share BSE benchmark Sensex rose 52 points or 0.08% to settle at 67,519. The broader NSE Nifty surged 33 points or 0.16% to end at 20,103. From the Sensex pack, M&M, Tata Steel, Tech Mahindra, and Nestle were the top gainers, rising 1-2.5%. On the flip side, Asian Paints, ITC, Sun Pharma, Bajaj Finserv, Bharti Airtel, and Titan closed with losses

China will keep yuan exchange basically stable and keep liquidity reasonably amble, the central bank said, adding prudent monetary policy will be precise and forceful.

Indian frontline indices ended with gains on Thursday after recording new lifetime highs in the morning session.

The Comex gold price dropped to a fresh three-week low as fresh US inflation data indicated the Federal Reserve may implement further monetary tightening this year," Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.