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The Dow Jones Industrial Average rose 42.93 points, or 0.13%, at the open to 32,901.96

Here is a look at the interest rates on various small savings schemes for the first quarter of FY 2023-24.

The aim of Hybrid funds is to balance the risk-reward ratio, thereby, optimising the return on investments.

Nifty as per weekly chart formed a long bull candle, which indicates a sharp reversal in the market on upside. After declining continuously for the last three months a doji type candle pattern was formed as per monthly time frame chart. This is a positive signal as per long term charts.

Meanwhile, foreign institutional investors were net sellers of Indian equities for the second consecutive financial year. They net sold shares worth Rs 40,413 crore this fiscal.

The Securities and Exchange Board of India (Sebi) has extended the compliance requirement for large corporates to raise at least 25% of their incremental borrowings through debt securities to a contiguous block of three years from the present two years. This decision comes after the board of Sebi allowed the proposal. Previously, large corporates needed to mobilize a minimum of 25% of their borrowings through the issue of debt securities in a financial year, which had been mandated over a contiguous block of two years.

Neil Parag Parikh, CEO of PPFAS Mutual Fund, stresses the importance of emergency funds and having a proper plan for investing taking into account short, medium, and long-term goals. He advises people not to invest based solely on past returns or recommendations, but rather to do proper research and get an asset allocation done in accordance with their risk profile. He also considers behavioural biases as a factor to take into account when making investment decisions.

A health top-up plan is an insurance plan that comes into play when the basic health insurance coverage is insufficient. For individuals, a deductible limit applies to the top-up plan, which begins after the basic insurance plan reaches its limit. A health top-up plan can be purchased separately or in combination with a basic health insurance plan. The deductible amount will influence the premium that is paid for the top-up plan. The coverage and policy terms for the top-up plan differ slightly from basic health insurance plans. It is preferred to buy both health insurance plans from the same insurer.

Benchmark indices ended the last day of the 2022-23 fiscal with a nearly 2% jump on Friday in line with firm trends in the global markets and heavy buying in Reliance.

The IPO comprises fresh issue of 10.95 lakh shares and plans to raise about Rs 5.15 crore from the public offer. About 57,000 equity shares of the company aggregating to Rs 26.79 lakh have been reserved for the market maker.