Thu, Nov 23, 2023 9:29 AM
Stocks in news: Tata Steel, IndiGo, Welspun Corp, Cipla, Mamaearth
A Flip by Avya Verma
Shares of Maruti Suzuki fell 0.59 per cent to hit an intraday low of Rs 12,610.05 apiece on the BSE on Monday. By comparison, Sensex was trading 0.72 per cent higher at 74,263.07 levels in intraday deals. The fall came as investors booked profit after the company posted strong March quarter performance. Auto manufacturer’s standalone net profit rose 47.8 per cent to Rs 3,877.8 crore.
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Mutual Fund Step-up SIP: When you start investing in a mutual fund scheme through a Systematic Investment Plan (SIP), you invest a fixed amount every month. But if you want, you can also opt for a top-up SIP, where you can increase SIP amount every year. Since you get compound growth in SIP investment, increasing SIP amount every year may help you achieve your investment goal faster.
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Dearness Allowance Hike, Children Education Allowance (CEA), Hostel Subsidy, CEA for Divyang children of Government employees, Special Child Care to women with disabilities, 7th Pay Commission: Alongwith the Dearness Alowance hike, the limit of a number of allowances for Central Government employees was automatically raised by 25 per cent after the Dearness Relief (DR) was hiked to 50%.
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