Investment,Mutual funds ,Share Markets ,Realestate & News

Pfizer agreed on Monday to combine its off-patent drugs division ,which controls treatments such as the statin Lipitor ,with pharmaceutical company Mylan ,creating a potential powerhouse in the business of medicines without  patent protections.                   The transaction comes as falling prices increase pressure on generic drug makers,a development that has been mostly overlooked in the US as a consumers grapple with the escalating price of branded treatments.The deal also raises questions about whether it will spur other acquisitions in the sector .                Generic drugmakers such as Mylan and Tava have struggled in part because pharmacies and wholesalers have been teaming up, increasing their power to bargain for lower prices .that has forced such companies to consider mergers as a way to regain leverage . ...

The State Bank  of india has lowered the interest rate on fixed deposits across all tenors. The new rates will come into effect from august 1,2019 ,just a few days ahead of the monetary policy meet of the reserve Bank of india .For retail domestic term deposits maturing in 7-45 days,the bank has sharply reduced rates from 5.75 percent to 5 percent .               On deposits maturing in 46 days to 179 days,the bank has reduced the interest rate to 5.75 percent .Earlier it was offering an interest rate 6.25 per cent.               For deposits maturing in 180 days to 210 days,the sbi has cut the interest rates by 10 basic points. the bank will now offer an interest 6.25 per cent.              For short-term deposits ranging from 211 days to less than one year ,the sbi has slashed the intere...

Nifty Gainers/ Losers   Gainers Symbol LTP % chng Volume YESBANK VEDL HINDALCO IBULHSGFIN ZEEL 91.15 167.85 202.70 654.50 363.55 9.49 4.09 3.42 3.08 3.00 20,87,58,719 1,76,54,993 91,47,466 93,90,791 92,32,951 Losers Symbol LTP % chng Volume BAJAJFINSV HDFC KOTAKBANK EICHERMOT HDFCBANK 7,144.90 2,182.30 1,444.90 17,049.00 2,302.80 -5.57 -5.26 -3.60 -3.48 -3.07 6,93,477 30,07,548 34,23,157 2,33,448 55,42,824

                     BUY   Plot in Near Khordha road railway station(jatani) 1 decimil 60000 and another 1 decimil 250000 . jatani is a very famous place in odisha ,  Railway divisionl office,hospital vegetable shop , police station ,fire station ,tahasil office ,sub-register office , iit,niser , more school ,college , every think available in jatani(jatni),khurda road ,odisha ,india.

If you wish to invest in equities but are concerned about market volatility,consider investing in balanced advantage funds. Balanced advantage funds shift their allocation  to equities and debt dynamically,depending on market valuation , they raise equity allocation when markets are down and reduce it when markets are trading at expensive valuations.                 Experts say that balanced advantage funds are a good option for investors who wish to capture the wealth  creation opportunities of equities,while benefiting from the stability of debt,these funds offer a diversified portfolio where the asset allocation across equity and debt is defined by the fund manager,They are suitable for investors with a long investment horizon who wish to mitigate market risk through active asset allocation,                  These funds are also well suited for new investors , They are especially ...

NIFTY 50 -  10,987.45          123.95↑            1.14%  ↑ Nifty 50 Gainers/ Losers Top Gainers Symbol LTP % chng Volume IBULHSGFIN EICHERMOT TATAMOTORS HINDPETRO BPCL 739.15 21,510.00 193.40 248.00 363.00 10.01 7.83 7.27 6.57 4.90 1,65,50,540 4,52,363 5,81,38,551 86,34,956 63,80,951 Top Losers Symbol LTP % chng Volume WIPRO TECHM INFY ZEEL CIPLA 362.85 810.80 732.75 482.40 547.65 -3.42 -2.52 -1.23 -0.81 -0.71 1,35,15,990 49,27,644 48,26,505 45,76,304 16,44,098

                                                                                                                               HIGHLIGHTS OF BUDGET 2019 Tax → 1. Within 2 years, Tax assessment will be done electronically 2. IT returns processing in just 24 hours 3. Minimum 14% revenue of GST to states by Central Govt. 4. Custom duty has abolished from 36 Capital Goods 5. Recommendations to GST council for reducing GST rates for home buyers 6. *Full Tax rebate upto 5 lakh annual income after all deductions.* 7. Standard deduction has increase from 40000 to 50000 8. Exempt on tax on second self-occupied house 9. Ceiling Limit of TDS u/s 194A has incr...

US MARKET                   - NASDAQ       -08FEB2019-          7298.20 EUROPEAN MARKETS -FTSE               -08FEB2019-          7071.18                                             DAX               -08FEB2019-         10906.78                                              CAC                -08FEB2019-          4961.64 ASIAN MARKETS          -SENSEX         -08FEB2019-           36546.48     ...

                  1. S.I.P is a Simple to build a wealth .   2. It is also benefit power of compounding and rupee cost averaging .   3. S.I.P is a cost averaging theory .   4. Every month a fixed amount auto debit to your bank account.   5. S.I.P helps you to achieve your goals.   6. A small amount of money invested regularly it can grow to a large amount.          

                                                                           Jagannatha , Balabhadra ,Subhadra