Investor wealth surges by Rs 1.96 lakh cr as stocks zoom

From the 30-share pack, 18 stocks ended with gains led by SBI, which surged 27.58 per cent, and ICICI Bank 14.69 per cent. Stock market investors became richer by Rs 1.96 lakh crore on Wednesday......

Home, life insurance is not 'wealth'

Sanjay Kumar (name changed) was on top of the world a few months ago. He had bought his house last November for Rs 50 lakh (Rs 5 million). Within months, he was being offered Rs 75 lakh (Rs 7.5......

Sensex gives up all gains to end 299 points lower

IndusInd Bank was the biggest gainer in the Sensex pack, rallying 5.23 per cent, followed by Hero MotoCorp, Coal India, Yes Bank, PowerGrid, ICICI Bank, HCL Tech, L&T, Kotak Bank and Bharti Airtel,......

How to invest wisely in midcap segment

G Chokkalingam, chief investment officer and executive director, Centrum Wealth Management, is advising his clients to look at select stocks in the midcap segment.A recent research report by his......