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A successful portfolio is one where there is a balance among the various asset classes and a conservatively managed
According to Peter Lynch, “If you are in the right sector at the right time, you can make a lot of money very fast”
Most sectoral indices ended the day in the green with Nifty IT zooming 2.10% followed by the Nifty Realty index gaining 1.65%.
According to Edelweiss Alternative Research, the fresh addition and deletions will lead to a total inflow of $1.2 billion.
The issue received bids for 6.39 crore shares as against 96.63 lakh shares on offer.
Tata Steel reported an increase of 661% in its consolidated net profit to Rs 11,918 crore for the second quarter.
The stock opened at Rs 544.35 apiece on the National Stock Exchange (NSE) and at Rs 548 on the BSE.
Tata Steel, Sun Pharma, Nestle India, Kotak Mahindra Bank & Tech Mahindra were among the top gainers. While Powergrid & Bajaj Auto were the losers.
Tata Steel reported a 661.34% surge in consolidated net profit to Rs 11918.11 crore on 56.45% rise in total income to Rs 61459.04 crore in Q2 FY22.
Asian stocks are mostly trading higher on Friday following overnight gains for tech stocks stateside as the Nasdaq Composite rebounded.