Sensex rallies 220 points to reclaim 40k mark; SBI spurts 3%

The broader NSE Nifty jumped 57.25 points or 0.49 per cent to close at 11,844.10. Market benchmark BSE Sensex reclaimed the 40,000-mark on Wednesday, rallying 220 points on the back of strong......

Wipro, Tata Steel may dislodge ONGC from BSE Sensex

The 30-share bluechip index is rebalanced on a semi-annual basis with next rejig slated for June 18. Wipro or Tata Steel are likely to dislodge state-owned Oil and Natural Gas Corporation (ONGC)......

Stay invested in MFs with sound track record

It's best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.Illustration: Dominic Xavier/Rediff.com 2017 turned out to be among the best years since......

Can SBI Mutual Fund be the top AMC?

In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.Ashley Coutinho reports. Photograph: Rupak De Chowdhuri/Reuters SBI Mutual Fund has had its share of ups and......