Key benchmark indices provisionally ended a tad lower for the day in what was a lackluster trading session. The barometer index, the S&P BSE Sensex, closed down 4.76 points or 0.02 %, up close to 65 points from the day’s low and off about 70 points from the day’s high. The market breadth, indicating the overall health of the market, was negative. Index heavyweight and cigarette major ITC rose, Maruti Suzuki India dropped in choppy trade after the car major announced the recall of a total of 1,492 vehicles for replacing defective steering column. IT stocks declined as the rupee edged higher against the dollar.
Who Moved and Why
- Sobha Developers tumbles on profit booking.
- LIC Housing Finance drops after a block deal.
- Eicher Motors jumps nearly 6% in two sessions.
- DIC India extends recent steep rally on delisting offer.
- Bharti Infratel turns volatile after a block deal.
- Bhel drops on profit booking.
- Wockhardt slumps after FDA alert on Chikalthana plant.
- Aban Offshore drops after recent rally Westlife.
- Development drops after block deals.
Read detail analysis report here: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/27th_Nov_equity_closing_update.pdf
RR Financial Consultants:- http://www.rrfinance.com/
Company Fixed Deposit is the deposit placed by investors with companies for a fixed term carrying a prescribed rate of interest for prescribed time period.
What is the difference between Cumulative Deposits and Non- Cumulative deposits?
In a Cumulative Deposits Scheme, interest is payable at the time of maturity along with the principal. This Scheme is suitable for the people who do not require periodic interest payment. This is also called Money Multiplier Scheme. In a Non-Cumulative Deposit Scheme interest is paid on periodical basis.
What is compounding in Fixed Deposit(FD)?
In case of deposit with Cumulative option, interest accrued is added to the existing deposit amount at the end of every year on 31st March. Cumulative scheme of FD is compounded annually.
For more information about company fixed deposits or corporate FD schemes please visit:- http://www.rrfinance.com/Fixed_Income/FixedDeposit.aspx
FD Schemes – Fixed Deposit Schemes
See on Scoop.it – Life Insurance General Insurance FAQs
What is Life Insurance?
Life Insurance is a contract between you and a life insurance company, which provides your beneficiary with a pre-determined amount in case of your death during the contract term. Buying insurance is extremely useful if you are the principal earning member in the family. In case of your unfortunate premature demise, your family can remain financially secure because of the life insurance policy that you have purchased. The primary purpose of life insurance is therefore protection of the family in the event of death. Today, insurance is also seen as a tool to plan effectively for your future years, your retirement, and for your children’s future needs. Today, the market off .
RR Financial Consultants‘s insight:
What is a cash value life policy?
A cash value life policy covers you for your lifetime. “Cash value” means that premiums generally stay level during the premium payment period. The policy not only provides insurance benefits when you die, but it also builds up a dollar value from your premium payments and investment returns. You can borrow against this value with a policy loan or redeem it for cash at any time before the policy matures. Whole life, universal life and extra value life are some of the more popular forms of cash value life policies.
What kind of life insurance should I buy?
If you have long-term needs – for example, if you require life-long protection for premature death, retirement income or cash to settle your estate – then you should consider cash value insurance. Likewise, if you need protection for a specified period of time, perhaps to pay off a loan or mortgage in the event of your death, term insurance may be the right choice for you. Apply now to get a free quote on term life insurance at affordable rates.
Can I increase my life insurance coverage?
Usually, you can increase your coverage with a new policy or by adding a rider to your existing policy. However, a universal life policy can be increased without a rider or new policy. All coverage increases require you to provide evidence of insurability to your insurer.
What are the definitions of “convertible” and “renewable?
Convertible” and “renewable” are provisions in a term insurance policy. With a convertible policy, the policyowner has the option to exchange the policy for another insurance plan without evidence of insurability. However, term policies can only be converted to cash value policies. With a renewable policy, the policyowner can renew (or extend) the policy at the end of its term without evidence of insurability. When a policy includes both provisions, they continue until specified ages and then stop. Premium rates increase at each renewal, based on the insured’s age
For more information please visit:- https://www.rrfinance.com/Insurance/Life%20Insurance/Default.aspx OR
RR Insurance Brokers
Key benchmark indices surged to fresh intraday high in late trade as firmness in Asian stocks boosted sentiment. The S&P BSE Sensex was up 451.32 points or 2.21%, up 282.78 points from the day’s low and off 9.64 points from the day’s low. The market breadth, indicating the overall health of the market, was positive. All the 13 sectoral indices on BSE were in the green. In the foreign exchange market, the rupee strengthened against the dollar.
The Mumbai Stock Exchange stands tall, and is scaling new heights (Photo credit: Wikipedia)
Who Moved and Why
1) RInfra gains after commissioning transmission line in Maharashtra.
2) Natco Pharma gains after strong Q2 earnings.
3) Jaiprakash Associates shrugs off weak Q2 results.
4) TCS gains as company unveils new software development facility in Gujarat.
5) NTPC inches up as power plant begins movement of imported coal.
6) Amara Raja Batteries hits record high after strong Q2 earnings.
Read detail analysis report:- http://rrfinance.com/Reserch/Pdf/07-July/DMR/18th_Nov_equity_closing_update.pdf
See on Scoop.it – Share Brokers in India
RR Financial Consultants‘s insight:
Firstly determine the amount and type of insurance that you need. The sum insured or coverage limit of the property should equal 100% of its replacement cost. If the policy limit is less than 85% of the replacement cost of your home, any payment from the insurance company will be less than the full cost to replace your home This is known as Under Insurance . Over and above the basic Fire Insurance, decide which, if any, additional coverage you want to add to your policy.
For example, do you want personal possessions or household contents covered against theft or burglary, cover against the risk of civil commotion here in Bali or, separately issued, earthquake and volcanic eruption coverage. Once you have decided on the coverage you want in your insurance policy, consult us.
We will be able to help you determine if there are any gaps in coverage you might not have been aware of, we can also explain the details of the policy’s exclusions and limitations as well as recommend an insurance company that will live up to your expectations.
For more information please visit:- http://www.rrfinance.com