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High net worth individuals with a long-term investment horizon can invest directly in equities or via mutual funds or exchange traded funds, with equity investments being the top recommendation for long-term investments. Experts advise HNIs to allocate more significant chunks towards equity investments and stay invested for 5-10 years

Our market share stands at around 13.5%. Our goal is to reach a market share of 15% by FY25. Our goal remains unaltered and the differentiation is basically the brand.

Shriram Trans Fin shares down 0.2% as Nifty gains

Updated at : 2023-06-13 16:15:02

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The stock quoted a 52-week high price of Rs 1509.25 and low of Rs 1113.3.

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Essel Group Chairman Subhash Chandra and Zee Entertainment Enterprises Limited (ZEEL) MD and CEO Punit Goenka have moved the Securities Appellate Tribunal (SAT) against a Securities and Exchange Board of India (SEBI) order that restrained them from holding key managerial positions in listed entities.

Of the 15 PMS funds, 13 of them beat their benchmark BSE 500 index in May. Last month, the S&P BSE 500 index gave 3.5% returns.Some of the prominent names in this list are Carnelian Advisors’ multi-cap fund, Phillip Capital’s small- and midcap fund, Equirus Wealth’s smallcap fund, and Tulsian PMS’ largecap fund.

The Relative Strength Index of the stock stood at 50.48 on Tuesday.

Havells India shares rise 0.68% as Sensex climbs

Updated at : 2023-06-13 16:15:02

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A total of 8,448 shares changed hands on the counter till 02:03PM (IST)

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As of 31-Mar-2023, promoters held 38.14 per cent stake in the company, while FIIs held 19.43 per cent and domestic institutional investors had 8.32 per cent.

Gold prices increased due to a weaker dollar index, with MCX August Gold futures trading at Rs 59,756 per 10 grams, up by 0.19%, and July Silver futures higher by 0.41% at Rs 73,330. Physical gold in Delhi and Ahmedabad is priced at approximately Rs 61,300 per 10 grams, with silver priced at Rs 75,000 per kg. Gold futures on the MCX decreased by 1.04% or Rs 625 per 10 grams in June and remained up by 8.46% or Rs 4,650 on a year-to-date basis while silver futures gained nearly Rs 845 or 1.17% in June, with a YTD increase of 5.18% or Rs 3,595.

Central banks moved to hike rates aggressively but such is the strength of the Indian and the American economy, such is the strength of these two large economies that in spite of very punchy rate hikes the macro is holding up really well and that bodes well as inflation comes off, as the inflation trend moves towards 3% number hopefully rates will ease off in the next year, year-and-a-half

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