NEW DELHI: Most of the cement shares had been buying and selling with losses in Thursday’s afternoon trade.
Shares of Shri Keshav Cements(down 4.Ninety two in keeping with cent), Andhra Cements (down four.60 according to cent), Star Cement (down 3.Sixty nine in line with cent), Mangalam Cement (down three.Fifty seven in step with cent), JK Lakshmi Cement (down 2.Fifty five in line with cent), The Ramco Cements (down 2.21 in step with cent) and APCL (down 2.07 according to cent) have been among the pinnacle losers.
While Udaipur Cement Works (up to three.22 in step with cent), Dalmia Bharat (up 1.25 in line with cent) and Orient Cement (up 1.12 in keeping with cent) have been some of the top gainers.

The NSE Nifty50 index was trading 34.00 factors down at 11,325. Nine, even as the 30-proportion BSE Sensex became down 117.28 points at 38,188.Thirteen around 12:fifty eight pm.
YES Bank (up 24.53 according to cent), Zee Entertainment Enterprises (up 7.53 in line with cent), Tata Motors (up 5.72 in step with cent), Bharat Petroleum Corporation (up 5.32 consistent with cent) and HCL Technologies (up 2.87 per cent) had been among the top gainers in the Nifty %.
On the other hand, Vedanta (down 3.57 in step with cent), Hindalco Industries (down three.56 in step with cent), Coal India (down 3.30 in keeping with cent), Grasim Industries (down 2.23 in keeping with cent) and Tata Steel (down 2.13 in line with cent) had been buying and selling within the crimson.

Don’t examine balanced gain price range with FDs, debt mutual budget

If a few mutual fund advisors and financial institution sales force are to be believed, balanced benefit finances are the most secure investment alternative within the mutual fund universe. Balanced advantage finances (or BAFs, as they’re recognized among mutual fund advisors) are bought as a super opportunity to fixed deposits these days. The false promise of 10 in keeping with cent returns and ordinary dividends are touted as a brought advantage. Add to that dynamic rebalancing of the fairness portion and lower taxes (mercifully, those claims are true), and traders have a near-perfect investment car for his or her each need or they are told.
“Mis-selling is not unusual with now not handiest balanced benefit finances but the entire hybrid fund category. Two years ago, many distributors and bank officers offered those schemes as ‘secure’ to many investors who desired constant earnings merchandise,” Gaurav Monga, Director, PSG Consultants.
“There becomes a time while investors used to come to me and say they need to invest in balanced advantage funds and I had stated no to many of them. These schemes were ordinarily bought to retired human beings with the bait of protection and dividends. The market was doing properly, in order that they had the assist of the past performance as nicely. Many burnt their arms whilst the market fell,” says Monga.

Mutual fund advisors say many traders are not acquainted with the balanced advantage class. That is why they are falling for such tall claims. For the uninitiated, consistent with Sebi categorization, the balanced gain or dynamic asset allocation schemes manage investments in equity and debt dynamically. Simply put, those schemes control their fairness element based totally on the prevailing market situations or valuations. Mutual fund houses observe their personal standards to growth or lower fairness allocation based totally on their outlook for the


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