Today’s market report

By Namrata Ojha

Share market 

Indian indices opens with a positive trend with Nifty above 17200 at 9.20 and Sensex was up by 47 points



Stocks specific company’s news



Mindtree : The mid cap IT company recorded a 8.1% qoq growth in profit at Rs. 473 crs with revenue rising 5.4% to Rs 2897crs



Wipro : The company appointed Satya Easwaran as the Country Head for India



TVS Motors : Jwalamukhi Investment Holdings sold 31,62,840 equity shares in the company via open market transactions. These shares we sold at an average price for Rs 650 per share on NSE



Results in April 19

ACC , Larsen & Toubro Infotech , Mastek , PCBL , Godavari Drugs , Tata Steel Long Products will release quarterly earnings on 19th April

Mutual Fund specific



Be disciplined in Mutual Fund investment. Just like you need to thoroughly cook a dish for it to taste good , you need to give your mutual funds time to perform . The power to compounding works in favour of long term investing .

There is a list of diversified equity fund which has retuned more than 4x of their invested amount via Sip ( Systematic Investment Plan ) over 15 years



Funds like Canara Robeco Emerging Equities Fund , Nippon India Growth Fund , Quant Active Fund , Kotak Small Cap ,UTI Equity Fund to name a few have been steady with their performance