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DSP Investment Managers has launched a hotline to encourage women to manage their own portfolios and to promote financial literacy. Women can give a missed call and the AMC will guide them through the investment process, matching them with financial advisors if needed. The hotline also offers education on investment terminology and strategies.

Many health insurance companies are offering innovative features to increase the attractiveness of buying health insurance. These features include lock-in premium, no claim bonuses, and treatment for critical illnesses abroad. A four-year waiting period for senior citizens has been reduced, and coverage now includes ABCD illnesses, such as diabetes. Health insurance companies are also offering day one cover and more coverage after 30 days, which are more expensive than a basic policy with a longer waiting period.

Yadav of Sanctum Wealth said depending upon the time horizon, there are various Bharat Bond funds that are available to investors. If the investor time horizon matches the fund maturity, they are likely to make returns closer to the YTM, he added.

Quant Mutual Fund has launched a Dynamic Asset Allocation Fund that provides 100% flexibility in shifting between debt and equity. The company aims to target a new investor audience, such as people who invest in FDs but are reluctant to take risks. They believe the new fund can generate extra alpha over FD returns and offer a similar low-volatility product with better taxation. The fund can be used as a debt tax savings product, while Sebi also allows exiting 100% from equity or participating in 100% debt. The fund aims to generate alpha opportunistically when extreme or special situations arise.

The stock quoted a 52-week high of Rs 6429.4 and a 52-week low of Rs 3733.25.

"Gold prices edged higher after the US Federal Reserve raised interest rates by an expected 25 basis points and signalled it was on the verge of pausing future hikes in view of recent turmoil in the financial sector.

D-street investors became poorer by Rs 87,594 as market capitalisation of all listed companies on BSE declined to Rs 257.11 lakh crore.

When approved under global competition laws, the acquisition, which has an estimated value of two trillion yen ($15 billion), is expected to take the engineering giant private, the Nikkei said.

India ranks third in terms of self-made billionaires, shows Hurun Global Rich List released on Wednesday. Take a look at the full list of rankings: