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Many companies come up with rights issues to become debt free. Recently, Suzlon Energy came up with a rights issue with the motive of repaying outstanding borrowings availed by the company.

As you worship goddess Lakshmi to bestow you with prosperity, look at the goddesses in your own family, be it yourself, your mother, your sister, your wife, or your daughter, and empower them with the ultimate power of financial freedom. Here’s what you must do.

Muhurat trading will be lighted up by fireworks from the bulls who are set to charge with the support from the mother market US which was strong last Friday.

Since 2012, the Muhurat day trading sessions of 2012, 2016 and 2017 have been the only three occasions when Sensex ended up eroding wealth on Diwali. The year 2017 has been the worst Diwali in the last decade with Sensex losing 0.6% or 194 points, while in 2016, it ended flat with a loss of just 11 points.

Investing in US treasury has a twin advantage at a time when the US Federal Reserve is increasing rates and the dollar is getting stronger, said Bank of Baroda chief economist Madan Sabnavis. It helps gain higher returns in the long term. "Also, investment value remains strong. Any other currency will face depreciated value on principal in the present environment," he said.

The volatility index, India VIX, has slipped to 17.4 levels, indicating that volatility is gradually subsiding, thus providing a comfort factor to the bulls. Chart patterns suggest that the zone of 17,400-17,450 will be strong support going forward. Until the index sustains above the level of 17,400, we may witness continuation of this rally up to 17,850-17,950.

With the inflation data in the US pointing towards a possible rate hike, any commentary to that effect will see a reaction from the markets.

ICICI Bank reported a 31-basis-point increase in NIM to 4.31% in the September quarter from a year earlier. NIM is the difference between the yield a bank earns on loans and the interest it pays on deposits, and is considered a key matrix to judge bank profitability. One basis point is 0.01 percentage point.

Benchmark index Nifty50 closed positive for the sixth consecutive session and continued with its higher-high and higher-low formation.

In the last few years, any reference to an increase in interest rates in the US led to a short-term rout in stock markets of many countries including India, and thus the acceptance of the above phrase on Fed sneezing.