Nifty50 forms strong bull candle; 5 SIP myths that may have slowed your wealth creation

ET Markets Daily Brief | Fri, Oct 06, 2017 | 06:59 PM IST Follow ET Markets

NOT TO MISS #StocksInNews,#Recos,#Expert Views,#IPOs,#Commodities

Toilet tale plays saviour for PVR, Inox in a bad quarter Brokerage Edelweiss Securities said weak content will hit top lines of multiplex operators. 5 SIP myths that may have slowed your wealth creation Domestic mutual funds allow monthly SIPs for as less as Rs 500, the price of a pizza. RIL divests Pennsylvanian upstream assets for $126 million The assets produce mainly gas and are located in Susquehanna, Wyoming and Clearfield Counties of Pennsylvania.

Interview One to One "It is better to go counter cyclical and not put all your eggs in the economic recovery basket."...

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Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset India Opportunities Fund Direct- Growth -0.35 11.29 20.32 16.37 Invesco India Growth Fund Direct-Growth 0.15 13.08 20.89 15.63 Motilal Oswal MOSt Focused 25 Fund Direct-Growth -2.10 8.95 17.11 15.54 Mirae Asset India Opportunities Fund Regular- Growth -0.40 10.91 19.46 15.46 SBI Bluechip Direct Plan-Growth -1.33 7.33 11.44 14.86 Featured DSP BlackRock Strategic Bond Direct Plan-Growth ★★★★★ -0.68 3.20 4.66 9.99 Start SIP

Market Watch 6 Oct | 06:59PM| SENSEX NIFTY USD/INR GOLD 31814.22 ↑222.19 9979.70 ↑91.00 65.37 ↑0.23 29414.00 ↑27.00

Gainers Losers 6 Oct, 2017, 06:59PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Shiva Granito Export Ltd. 12.96 20.00 2350000 12.96 11.00 Trident Texofab Ltd. 43.20 20.00 620000 43.20 39.90 India Glycols Ltd. 304.30 19.99 954357 304.30 255.75

Tweet of the day... Prataap Snacks drops 3% after a day of strong listing gains

FROM THE NEWSPAPER

MAS Financial Services IPO sails through on Day 1 The company has fixed a price band of Rs 456-Rs 459 for the offer and it will close on October 10. Don't jump over market bounce; dollar sending out warning signs Dollar index, which tracks US currency against six top global currencies, was back at 93. Gold demand to remain weak as investors ignore geopolitical risks The factors that pushed gold toward $1,360 in early September are now reversing. Godrej Agrovet IPO subscribed over 95 times on last day The public offer received bids for 1,71,42,34,400 shares against 1,80,27,464 shares offered by the company till 5 pm, according to the data available with NSE. HSBC maintains underweight recommendation on RCom HSBC said it does not expect any material improvement in the company's credit profile in the near term.

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