BSE's SENSEX above 19k | Markets up by over 1 perc

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The benchmark Indian stock indices including Bombay stock exchange's SENSEX and National stock exchange's broader index NIFTY closed up today by over 1.5 percent. The reason of rise is that Foreign Institutional Investors have purchased stocks of worth 10000 crores in past two days of trading. Also food price index eased to 7.6 percent.

Bombay Stock Exchange's 30 component large-cap index Sensex was at 19078.30, up 351.33 points which is just short of 2 perc. The index hit a low of 18767.25 in intraday trading sessions.

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Top 5 Indian stock markets updates for today

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Following are the top 5 updates from Indian stock markets for today:

1. FIIs infuse Rs 17,000 cr in stocks, bonds in first half of 2011.
2. Gold slips as China lifts rates by 25 basis points
3. Nabard to raise Rs 5 billion via 1-yr bonds.
4. Godrej Consumer rises on Hershey venture report
5. SENSEX NIFTY closes down

Indian Markets daily analysis SENSEX | NIFTY in red

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Major Indian stock indices like Bombay Stock Exchange's 30 component SENSEX and National Stock Exchange's NIFTY closed slightly in red today.

Sensex ended today at 18728.98, down 15.58 points. The 30-share index hit a high of 18823.45 during intraday trading today.

Component closing rates of SENSEX for today is as following:

Company Name	Industry	Last Price	Change	%Chg	Mkt Cap(Rs cr)	Weight
Bajaj Auto	Auto - 2 & 3 Wheelers	1,432.60	6.30	0.44	41,454.72	1.47
Bharti Airtel	Telecommunications - Service	383.20	1.25	0.33	145,521.35	5.15
BHEL	Engineering - Heavy	1,952.40	-1.40	-0.07	95,573.88	3.38
Cipla	Pharmaceuticals	327.55	-0.30	-0.09	26,299.69	0.93
DLF	Construction & Contracting - Real Estate	230.05	-0.75	-0.32	39,049.42	1.38
HDFC	Finance - Housing	708.85	8.60	1.23	104,007.44	3.68
HDFC Bank	Banks - Private Sector	2,545.05	4.65	0.18	118,402.26	4.19
Hero Honda	Auto - 2 & 3 Wheelers	1,866.60	-30.90	-1.63	37,273.67	1.32
Hindalco	Aluminium	188.85	2.00	1.07	36,153.40	1.28
HUL	Personal Care	329.55	-3.65	-1.10	71,205.33	2.52
ICICI Bank	Banks - Private Sector	1,075.35	-21.75	-1.98	123,855.84	4.38
Infosys	Computers - Software	2,952.55	-1.95	-0.07	169,521.12	6.00
ITC	Cigarettes	196.55	0.70	0.36	152,093.23	5.38
Jaiprakash Asso	Construction & Contracting - Civil	80.75	-1.25	-1.52	17,170.95	0.61
Jindal Steel	Steel - Sponge Iron	639.30	-2.70	-0.42	59,743.20	2.11
Larsen	Engineering - Heavy	1,806.80	15.25	0.85	109,818.21	3.89
Mah and Mah	Auto - Cars & Jeeps	715.25	-1.80	-0.25	43,912.07	1.55
Maruti Suzuki	Auto - Cars & Jeeps	1,162.00	-4.40	-0.38	33,571.35	1.19
NTPC	Power - Generation/Distribution	184.80	0.40	0.22	152,376.18	5.39
ONGC	Oil Drilling And Exploration	273.20	-3.15	-1.14	233,735.99	8.27
Reliance	Refineries	852.65	6.50	0.77	279,104.23	9.87
Reliance Comm	Telecommunications - Service	97.25	-2.45	-2.46	20,072.66	0.71
Reliance Infra	Power - Generation/Distribution	573.80	-4.85	-0.84	15,344.57	0.54
SBI	Banks - Public Sector	2,443.10	-28.60	-1.16	155,136.60	5.49
Sterlite Ind	Metals - Non Ferrous	171.35	-1.75	-1.01	57,594.29	2.04
Tata Motors	Auto - LCVs/HCVs	1,032.60	15.65	1.54	65,849.93	2.33
Tata Power	Power - Generation/Distribution	1,291.05	-26.60	-2.02	30,637.55	1.08
Tata Steel	Steel - Large	597.20	0.35	0.06	57,284.29	2.03
TCS	Computers - Software	1,180.35	0.65	0.06	231,020.58	8.17
Wipro	Computers - Software	423.30	-4.70	-1.10	103,895.14	3.68

Most of the sectoral indices of the Bombay Stock Exchange also closed slightly down , Auto index, Oil and Gas consisted of those which gained today. Details are as follows:

Symbol	Name	Last Trade	Change
BSE-AUTO.BO	AUTO INDEX	8,973.30	33.26 (0.37%)
BSE-BANK.BO	BANKEX	12,915.38	121.05 (0.93%)
BSE-100.BO	BSE - 100	9,803.61	12.43 (0.13%)
BSE-200.BO	BSE - 200	2,319.28	3.09 (0.13%)
BSE-500.BO	BSE - 500	7,289.89	8.13 (0.11%)
BSE-CD.BO	BSE - CONS. DURABLES	6,836.65	93.60 (1.39%)
BSE-FMCG.BO	BSE - FMCG	3,983.16	4.57 (0.11%)
BSE-HC.BO	BSE - HEALTHCARE	6,387.62	28.07 (0.44%)
BSE-IT.BO	BSE - INFOTECH	6,174.88	8.48 (0.14%)
BSE-MIDCAP.BO	BSE Mid-Cap	6,961.51	2.60 (0.04%)
^BSESN	BSE SENSEX	18,726.97	17.59 (0.09%)
BSE-SMLCAP.BO	BSE Small-Cap	8,357.65	19.23 (0.23%)
BSE-TECK.BO	BSE TECk INDEX	3,708.76	2.65 (0.07%)
BSE-METAL.BO	METAL INDEX	15,183.50	20.66 (0.14%)
BSE-OILGAS.BO	OIL & GAS INDEX	8,970.95	15.95 (0.18%)

Coming to National Stock Exchange's broader index NIFTY closed down by 9.65 points at 5622.45. The index touched a low of 5613.50 in daytrade today.

BSE SENSEX | NIFTY analysis for today 5-7

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The benchmark indian stock indices like BSE's SENSEX and national Stock Exchange's NIFTY closed down today as Reliance, BHEL and ITC pulled index down.

The large-cap index closed down by nearly 70 points today.

Component wise closing of BSE SENSEX is as follows:

Company Name	Industry	Last Price	Change	%Chg	Mkt Cap(Rs cr)	Weight
Bajaj Auto	Auto - 2 & 3 Wheelers	1,426.30	5.70	0.40	41,272.42	1.46
Bharti Airtel	Telecommunications - Service	381.95	-2.20	-0.57	145,046.66	5.12
BHEL	Engineering - Heavy	1,953.80	-91.90	-4.49	95,642.42	3.38
Cipla	Pharmaceuticals	327.85	-1.45	-0.44	26,323.78	0.93
DLF	Construction & Contracting - Real Estate	230.80	-2.80	-1.20	39,176.72	1.38
HDFC	Finance - Housing	700.25	0.75	0.11	102,745.59	3.63
HDFC Bank	Banks - Private Sector	2,540.40	8.10	0.32	118,185.93	4.17
Hero Honda	Auto - 2 & 3 Wheelers	1,897.50	6.85	0.36	37,890.70	1.34
Hindalco	Aluminium	186.85	-3.10	-1.63	35,770.53	1.26
HUL	Personal Care	333.20	-2.85	-0.85	71,993.98	2.54
ICICI Bank	Banks - Private Sector	1,097.10	-2.00	-0.18	126,360.95	4.46
Infosys	Computers - Software	2,954.50	15.60	0.53	169,633.08	5.99
ITC	Cigarettes	195.85	-3.15	-1.58	151,551.56	5.35
Jaiprakash Asso	Construction & Contracting - Civil	82.00	-0.65	-0.79	17,436.75	0.62
Jindal Steel	Steel - Sponge Iron	642.00	-6.65	-1.03	59,995.52	2.12
Larsen	Engineering - Heavy	1,791.55	-0.25	-0.01	108,891.31	3.85
Mah and Mah	Auto - Cars & Jeeps	717.05	15.70	2.24	44,022.58	1.55
Maruti Suzuki	Auto - Cars & Jeeps	1,166.40	10.40	0.90	33,698.47	1.19
NTPC	Power - Generation/Distribution	184.40	-0.10	-0.05	152,046.36	5.37
ONGC	Oil Drilling And Exploration	276.35	-0.85	-0.31	236,430.97	8.35
Reliance	Refineries	846.15	-22.00	-2.53	276,976.54	9.78
Reliance Comm	Telecommunications - Service	99.70	-0.90	-0.89	20,578.35	0.73
Reliance Infra	Power - Generation/Distribution	578.65	-0.05	-0.01	15,474.27	0.55
SBI	Banks - Public Sector	2,471.70	38.20	1.57	156,952.70	5.54
Sterlite Ind	Metals - Non Ferrous	173.10	1.30	0.76	58,182.50	2.05
Tata Motors	Auto - LCVs/HCVs	1,016.95	4.95	0.49	64,851.92	2.29
Tata Power	Power - Generation/Distribution	1,317.65	-0.45	-0.03	31,268.79	1.10
Tata Steel	Steel - Large	596.85	0.00	0.00	57,250.71	2.02
TCS	Computers - Software	1,179.70	-5.05	-0.43	230,893.36	8.15
Wipro	Computers - Software	428.00	4.50	1.06	105,048.71	3.71

RIL was major loser today, ITC, Cairn, BHEL also declined today during day's trade.
Sensex closed at 18744.56, down 69.92 points. The 30-share index hit a high of 18837.88 during intraday trading.

National Stock Exchange's broader index Nifty closed at 5632.10, down 18.40 points. The broader index touched a low of 5612.30 in daytrade today.

Most of the sectoral indices of BSE also remained in red today. BSE Oil&gas Index closed down 1.60 percent, BSE FMCG Index declined by 1.29 percent and BSE Realty Index moved 1.29 percent lower. BSE Auto Index moved 0.88 percent higher, BSE IT Index gained 0.37 percent today and BSE Bankex gained 0.33 percent higher. However market breadth remained positive on NSE today.

BSE's SENSEX analysis for today closes up | NIFTY gains

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The benchmark Indian stock indices like Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY index closed up today. 20 out of 30 SENSEX components closed higher today.

Following are updates from SENSEX at closing today componentwise:

Company Name	Industry	Last Price	Change	%Chg	Mkt Cap(Rs cr)	Weight
Bajaj Auto	Auto - 2 & 3 Wheelers	1,420.60	0.00	0.00	41,107.48	1.45
Bharti Airtel	Telecommunications - Service	384.15	0.70	0.18	145,882.12	5.13
BHEL	Engineering - Heavy	2,045.70	-4.00	-0.20	100,141.11	3.52
Cipla	Pharmaceuticals	329.30	3.05	0.93	26,440.20	0.93
DLF	Construction & Contracting - Real Estate	233.60	13.25	6.01	39,652.01	1.39
HDFC	Finance - Housing	699.50	-2.25	-0.32	102,635.55	3.61
HDFC Bank	Banks - Private Sector	2,532.30	35.40	1.42	117,809.10	4.14
Hero Honda	Auto - 2 & 3 Wheelers	1,890.65	-6.80	-0.36	37,753.92	1.33
Hindalco	Aluminium	189.95	3.55	1.90	36,363.99	1.28
HUL	Personal Care	336.05	-0.70	-0.21	72,609.77	2.55
ICICI Bank	Banks - Private Sector	1,099.10	4.40	0.40	126,591.30	4.45
Infosys	Computers - Software	2,938.90	4.60	0.16	168,737.40	5.93
ITC	Cigarettes	199.00	-2.70	-1.34	153,989.07	5.41
Jaiprakash Asso	Construction & Contracting - Civil	82.65	1.40	1.72	17,574.97	0.62
Jindal Steel	Steel - Sponge Iron	648.65	-1.35	-0.21	60,616.96	2.13
Larsen	Engineering - Heavy	1,791.80	-15.95	-0.88	108,906.50	3.83
Mah and Mah	Auto - Cars & Jeeps	701.35	10.05	1.45	43,058.69	1.51
Maruti Suzuki	Auto - Cars & Jeeps	1,156.00	12.45	1.09	33,398.00	1.17
NTPC	Power - Generation/Distribution	184.50	-1.50	-0.81	152,128.82	5.35
ONGC	Oil Drilling And Exploration	277.20	0.90	0.33	237,158.19	8.34
Reliance	Refineries	868.15	6.00	0.70	284,177.96	9.99
Reliance Comm	Telecommunications - Service	100.60	3.20	3.29	20,764.11	0.73
Reliance Infra	Power - Generation/Distribution	578.70	37.05	6.84	15,475.61	0.54
SBI	Banks - Public Sector	2,433.50	12.40	0.51	154,527.00	5.43
Sterlite Ind	Metals - Non Ferrous	171.80	1.70	1.00	57,745.55	2.03
Tata Motors	Auto - LCVs/HCVs	1,012.00	17.50	1.76	64,536.25	2.27
Tata Power	Power - Generation/Distribution	1,318.10	10.80	0.83	31,279.47	1.10
Tata Steel	Steel - Large	596.85	-5.15	-0.86	57,250.71	2.01
TCS	Computers - Software	1,184.75	-1.60	-0.13	231,881.76	8.15
Wipro	Computers - Software	423.50	1.50	0.36	103,944.23	3.65

If we check Bombay Stock Exchange sector-wise today then the report card looks like this:

Symbol	Name	Last Trade	Change
BSE-AUTO.BO	AUTO INDEX	8,861.88	79.65 (0.91%)
BSE-BANK.BO	BANKEX	12,993.55	139.88 (1.09%)
BSE-100.BO	BSE - 100	9,844.62	51.04 (0.52%)
BSE-200.BO	BSE - 200	2,328.98	14.26 (0.62%)
BSE-500.BO	BSE - 500	7,316.07	45.97 (0.63%)
BSE-CD.BO	BSE - CONS. DURABLES	6,732.39	131.22 (1.99%)
BSE-FMCG.BO	BSE - FMCG	4,039.87	8.57 (0.21%)
BSE-HC.BO	BSE - HEALTHCARE	6,419.36	42.86 (0.67%)
BSE-IT.BO	BSE - INFOTECH	6,160.79	12.81 (0.21%)
BSE-MIDCAP.BO	BSE Mid-Cap	6,965.34	63.67 (0.92%)
^BSESN	BSE SENSEX	18,814.48	51.68 (0.28%)
BSE-SMLCAP.BO	BSE Small-Cap	8,322.16	97.75 (1.19%)
BSE-TECK.BO	BSE TECk INDEX	3,710.26	9.58 (0.26%)
BSE-METAL.BO	METAL INDEX	15,193.58	45.47 (0.30%)
BSE-OILGAS.BO	OIL & GAS INDEX	9,100.17	61.64 (0.68%)

National Stock Exchange's broader index Nifty closed at 5650.50, up 23.30 points. The index touched a high of 5679.65 in day trade today.

More About Mutual Funds Investing

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I have already posted on mutual funds investing tips couple of times and continuing the same here too.

Here is my another post on Mutual funds basics and Mutual Funds Investing tips. This post should be read and understood along with my following posts on mutual funds:

Mutual Funds Investing tips
How Mutual Funds work

There are many different types of mutual funds available in market,One mustsee the NAV value of the mutual fund.

Here are Types of Mutual funds availabe:

Money market Mutual funds

These are the safest type of mutual fund because they invest in cash. You deposit a fixed amount for a fixed period of time, ranging anywhere from 30 days to one year, and you’re almost certainly guaranteed a fixed rate of return. You’ll typically earn about 2% to 3% more interest than if you place your money in a high interest savings account.

A money market fund is right for you if you are conservative with your money and have a low tolerance for risk when it comes to investing.

Fixed income Mutual funds

This type of mutual fund invests in a combination of government and corporate securities, such as treasury bills, bonds and mortgages. They provide fixed periodic payments with the possibility of some capital gains. These funds are usually low risk and dependable overall; however, their value is affected by changes in interest rates.

A fixed income fund is right for you if you are looking for a relatively safe way to introduce yourself to investing and security, stability and moderate returns are also important investment goals for you.

Balanced Mutual funds

These funds include a little bit of everything—stocks, bonds, cash and mortgages—in order to provide a combination of income and growth. These funds seek to maximize the growth potential of your investment while preserving the capital.

A balanced fund is right for you if you are looking for long-term growth possibilities with stability. Balanced funds tend to be costly but can be a worthwhile investment if want a diversified portfolio in one fund and you don’t want to manage your own asset mix or don’t have an advisor to do it for you.

Dividend based Mutual funds

These funds are designed specifically to provide maximum dividend opportunity. A dividend is how a company pays the people who own its stock. Dividend funds invest in high-quality common shares from blue chip companies (i.e., well-established, financially-sound companies), such as Reliance Industries or Infosys for example, and preferred shares. There is the potential for long-term capital growth. Dividend funds also receive preferential tax treatment, which reduces the amount of tax an investor has to pay on capital gains.

A dividend fund is right for you if you have an interest in investing in corporations and receiving any profits made by the fund on a regular basis.