Is it fine to invest in 5 mid and small cap funds?
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Last Updated: Mar 10, 2021, 12:31 PM IST
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I am doing a monthly SIP of Rs 5,000 each in below mutual funds considering for long term (>10 years)/retirement. Please advice me if it is okay to continue with these funds? If not, can you please suggest in which funds should I stop my SIP and in which new funds should I start my SIP?
Shares of Borosil Renewables continued their upward movement in Tuesday s session and were locked in 10 per cent upper limit at Rs 279.95 on the BSE. The stock of the solar glass manufacturer was trading at its fresh lifetime high level. The scrip has more-than-doubled against shares issued to qualified institutional buyers (QIBs) at a price of Rs 126.55 per share. In the past 11 trading days, the share price of Borosil Renewables has zoomed 113 per cent from level of Rs 131.60 on December 11, 2020. In comparison, the S&P BSE Sensex has gained 3.5 per cent during the same period. Till 10:02 am, a combined 380,000 equity shares had changed hands and there were pending buy orders for 400,000 equity shares on the NSE and BSE.
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Mrs Bectors Food Specialities is off to a great start $73 million IPO was subscribed 3 times on day one
Mrs Bectors Food Specialities is off to a great start $73 million IPO was subscribed 3 times on day one
Navdeep YadavDec 15, 2020, 16:37 IST
Mrs Bectors Food
The ₹540 crore (about $73 million) share sale of Mrs Bectors Food Specialities was subscribed 2.98 times on the first day of bidding on Tuesday.
This is the second initial public offer this month to have received an oversubscription in the first few hours itself – the first one being Burger King India.
The IPO received bids for 2.94 crore equity shares against the offered size of 1.32 crore shares, according to data from the stock-exchanges.
Mrs Bectors IPO opens for subscription; retail investors oversubscribe quota in one hour financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
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Domestic stocks look set to halt the rally, tracking weak Asian markets and an overnight decline in US stocks. The back-to-back formation of indecisive Doji candles on Nifty s charts, too, has been signalling a weakening of momentum.
Here’s breaking down the pre-market actions:
STATE OF THE MARKETS
Nifty futures on the Singapore Exchange traded 31 points, or 0.23 per cent, lower at 13,560.50, in signs that Dalal Street was headed for a negative start on Tuesday.
Tech View: Third Doji in a row is bad omen
Nifty50 on Monday formed a ‘Doji’ candle on the daily chart, the third in a row. The formation of such an indecisive candle at highs suggests the momentum is weakening, even as the buying momentum continues at lows. The support for the index stands at 13,470 level.