this amount in a Tax free bond. Going by our expectations that interest rates are bound to come down in a year or so, you can take a call and aim to get some capital gains. In any case, if that does not happen, you can hold the bonds until maturity and earn tax free interest @ 8-8.5%.
5.14 PM Apr 17th
China`s industrial production grew 8.8% in March, slightly below market expectations of 9% growth. Trading in US index futures indicated that the Dow could advance 80 points at the opening bell on Wednesday, 16 April 2014. US stocks rose in choppy trade on Tuesday, 15 April 2014, as earnings from
6.34 PM Apr 16th
Source:BBC - China`s economy expanded by 7.4% in the first quarter of the year, better than what many were expecting. But it is a slowdown from 7.7% growth in the final quarter of last year. Other data released with the gross domestic product (GDP) figure showed industrial output rising 8.8
3.45 PM Apr 16th
and NMDC are good although P/B of Coal India is bit on the higher side (8.8). 5.Under Engines – No one other than Swaraj Engines. Cummins doesn’t look attractive by all means 6.All the FMCG shares as you recommended are looks to be overpriced. ITC can be considered 7.Under Pharma CIPLA looks good
8.25 PM Mar 29th
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