Thu, Dec 3, 2020 2:48 PM
SBI Cards jumps 5% after HDFC asked to pause sourcing new credit card users
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There's one vital aspect of the energy sector that you can't ignore oil and natural gas prices are highly volatile. That means you have to go in with your eyes open to the risks, even when energy prices are strong. But income investors don't have to fret since there are multiple ways to collect dividends in the energy space and one will probably suit you regardless of your risk appetite.
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Indian markets closed mixed on Monday tracking the muted trend seen in other Asian markets. The S&P BSE Sensex rose while the Nifty50 closed 33 points lower. Sectorally, buying was seen in banks, FMCG, healthcare, IT, and realty stocks while some selling was seen in energy, oil & gas, public sector and consumer durables. Stocks that were in focus include names like Godrej Properties.
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Domestic institutional investors continue to hold the fort in the domestic market arena even as foreign investors stayed away during the March quarter.The share of domestic mutual funds (MFs) in NSE-listed companies reached a fresh high of 8.92% at the end of March quarter. The holding of fund houses stood at 8.81% as of December 2023.
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