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My wife is 35 years old and has been working for 13 years. She is planning to quit work and will receive a sum of Rs 3 lakh as gratuity. She has a high risk appetite. Can you suggest some mutual funds or stocks for investing this amount? Also, will the gratuity be taxable? Rushabh Desai, Founder, Rupee With Rushabh Investment Services: Given your wife’s age, high risk appetite, and long-term investment horizon of more than 10 years, a portfolio with 50-60% in flexi-cap funds, 20-25% in mid-cap funds, and 20-25% in small-cap funds is ideal for wealth creation.

Amazon Great Indian Festival Sale LIVE now: Big savings up to 79% on furniture like office chairs, desks and tablesThe ASUS TUF Gaming A15 is built for serious gamers, boasting a powerful Ryzen 7 7435HS processor paired with the NVIDIA GeForce RTX 3050 GPU. Its 15.6-inch FHD display with a 144Hz refresh rate ensures fluid gameplay, while the 16GB RAM and 512GB SSD offer seamless performance and fast loading times.

Info Edge (India) Ltd. gained 1.81 per cent to Rs 8085.95 in Friday's trade as of 10:10AM (IST). It hit a high of Rs 8155.6 and low of Rs 8013.1 during the session. The stock quoted a 52-week high price of Rs 8259.95 and a low of Rs 3973.15. The return on equity for the stock stood at 1.91 per cent. About 1,613 shares have changed hands on the counter so far.

MOIL Ltd.(up 1.61%), NMDC Ltd.(up 1.45%), Coal India Ltd.(up 1.02%), Ashapura Minechem Ltd.(up 0.95%), Aro Granite Industries Ltd.(up 0.86%), KIOCL Ltd.(up 0.83%), Madhav Marbles & Granites Ltd.(up 0.79%), Sandur Manganese & Iron Ores Ltd.(up 0.45%), The Orissa Minerals Development Company Ltd.(up 0.33%) and Lexus Granito(India)Ltd.(up 0.20%) were among the top gainers.

Rahul Jain, Vice President, Dolat Capital, says would prefer to look at the earning commentary that Indian IT companies would provide over the next couple of weeks as they deliver their Q2 results and that would make a better sense rather than reading too much into Accenture commentary. From a purely business point of view, things are definitely better than what it was 12 months ago. Accenture in many ways is tracked very closely in India to try and get a sense of where the IT sector is headed. What do these earnings tell you about the overall sector? Rahul Jain: The guidance itself is a very wide number and when you get this kind of a guidance, you always feel like at the lower end it is a bad number, at top and it is a respectful number. These kinds of numbers are always very difficult to take a clear bet on. The wide band with such a lower number will make you think that the company itself is very indecisive about it. So, it does not add to any comfort or discomfort as such. We would rather look at the earning commentary that an Indian IT company would provide over the next couple of weeks as they deliver their Q2 results and that would make a better sense to us, I guess, rather than reading too much into this one.

NBCC (India) Ltd has bagged a Rs 75 crore contract to build additional infrastructure at Indian Institute of Information Technology, Nagpur. The company said in a statement on Thursday it has «secured a prestigious project for the construction and development of additional infrastructure at the Indian Institute of Information Technology (IIIT), Nagpur. » With an estimated project cost of Rs 75 crore, this endeavour marks a significant step forward in enhancing the educational facilities at IIIT Nagpur, located approximately 25 kilometres from the city.

Devara: Part 1 is gearing up for a massive global debut, with early estimates predicting a worldwide gross of approximately ₹140 crore on its first day, according to industry trackers. As of now, the film has already collected around Rs 17 crore amid strong advance bookings, showcasing immense anticipation from audiences around the world. Released on September 27, Devara: Part 1 stars Jr NTR in the lead role, alongside Janhvi Kapoor, Saif Ali Khan, Shruti Marathe, Prakash Raj, Srikanth, Shine Tom Chacko, Narain, and Murali Sharma. Directed by Koratala Siva, who gained fame for his work on Acharya, the film is produced by Kosaraju Harikrishna and Nandamuri Kalyan Ram under the banners of Yuvasudha Arts and NTR Arts. Devara: Part 1 has been released in multiple languages, including Telugu, Tamil, Hindi, Malayalam, and Kannada, aiming for a wide reach across diverse audiences. This multi-language release strategy, combined with strong pre-release buzz, positions the film for a record-breaking box office performance.

This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Share Price Today Live Updates: The NIFTY IT at (1.95%), NIFTY Metal at (1.02%) & NIFTY India Digital at (0.82%) are currently the top performing sectors among the Sectoral Indices. While NIFTY Realty at (-1.19%), NIFTY Infrastructure at (-1.19%), NIFTY India Consumption at (-0.39%) are currently the low performing sectors Nifty 50 Share Price Today Live Updates: The Nifty 50 opened at 26248.25 (0.12%) , 32.2 points higher than the previous closing.

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This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Share Price Today Live Updates: The NIFTY IT at (1.96%), NIFTY Metal at (1.04%) & NIFTY India Digital at (0.83%) are currently the top performing sectors among the Sectoral Indices. While NIFTY Realty at (-1.15%), NIFTY Infrastructure at (-1.15%), NIFTY FMCG at (-0.39%) are currently the low performing sectors Bank Nifty Share Price Today Live Updates: The Bank Nifty opened at 54338.7 (-0.07%) , -36.65 points lower than the previous closing.

BikeWo GreenTech will debut on the NSE SME platform on Friday. Ahead of the listing, the company's shares are trading with a GMP of Rs 7 in the grey market. This indicates a likely listing premium of 11%, compared with an issue price of Rs 69 at the upper end.

Sandip Sabharwal, asksandipsabharwal.com, says portfolio allocation varies from person to person and the age group which they are in, etc. But for people who do not stay in the US and their currency is a reserve currency, gold has always been a very good investment. Today, it is one of the biggest sources of wealth for Indians as per current calculations. It is almost 75% of the country's GDP. It is pure currency and can be easily encashed at any point of time. Gold should be 10-15% of the asset allocation. Bonds and debt depend on person to person. But everyone should have one year of expenditure and some additional amount in fixed income and bonds to take care of your need if you cannot pull out of risky assets. This massive rally which is underway in auto, completely undoes what you were saying a couple of weeks ago, the inventory buildup and the fact that there was a lot of discounting and all those clamours which were coming through. What do you make of the auto sector right now? Sandip Sabharwal: When we were discussing the industry at that time, the two-wheeler stocks were running up and the four-wheelers were correcting and what I had said was that in anticipation of festival demand, it is likely that the four-wheelers will also see some sort of revival going forward. Now, it is a question of delivery. These companies have to deliver on the festival season sales and that is the challenge.

«There is some softening globally, but India is performing very well on the macros. The balance sheets are very clean for corporates. Banks have the ability to lend,» says Ajay Bagga, Market Expert. What do you make of the momentum of the market, there is no stopping it at all? Ajay Bagga: Yes, flows are very strong and we see that domestic flows are absorbing. Even the little FII selling that is still coming through, we are seeing that absorption happening.

Subscribe to enjoy similar stories. India surpassed emerging markets peers to again solidify its status as a premier destination for foreign portfolio investors (FPIs), drawing consistent inflows despite bouts of turbulence and concerns over high valuations. Overseas buyers net invested $5.9 billion into domestic stocks this month alone so far, according to data from Bloomberg, attracted by the country’s economic fundamentals and beginning of the rate cut cycle in the US.

Subscribe to enjoy similar stories. Mumbai: To boost corporate governance practices, the capital market regulator plans to extend the mandate of setting up risk management committees (RMC), to the top 2,000 companies listed on exchanges as per their market share. This comes after the Securities and Exchange Board of India (Sebi) in 2020 mandated that the top 1,000 listed companies set up RMCs.

Subscribe to enjoy similar stories. MUMBAI : Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. A large number of traders lost their money in India’s futures & options (F&O) market, showed an analysis by the Securities and Exchange Board of India (Sebi).

Subscribe to enjoy similar stories. In an attempt to curb the retail euphoria in equity options, the capital markets regulator is likely to implement all seven measures recommended by the Padmanabhan committee at its board meeting on Monday, according to two persons aware of the matter.

Subscribe to enjoy similar stories. A flurry of regulatory changes is about hit the stock market following a circular issued by Sebi, the market regulator. While these might be in the investor’s best interest, they might be bad news for brokerages.

Subscribe to enjoy similar stories. Growing up in a family of lawyers in Delhi, it wasn’t surprising that Saurabh Kirpal would choose a career in law. But it was only when he started living as an openly gay man with his partner in India that he experienced—what he describes in a video interview with Lounge—as “an eye-opening moment".

Subscribe to enjoy similar stories. The Indian stock markets are hitting new highs regularly. Instead of feeling overwhelmed, investors should concentrate on the real challenge: choosing the right sectors and stocks to take advantage of this momentum.

Subscribe to enjoy similar stories. New Delhi: India's apex medical education regulator has sought government intervention to resolve an internal crisis with its four autonomous boards working at cross-purposes, two people aware of the development said. The National Medical Commission (NMC) has had to cancel several public notices following poor internal consultations, and has flagged the matter to the Union health ministry.