Durga Investments

Durga Investments Investments into mutual funds, fixed deposits & Insurance. Principles of investing, dealing with volatility.

Durga Investments is an accomplished investment / wealth management firm, servicing HNI clients & family offices for three decades. Managing a private investment fund of INR 500million for HNIs, the firm has bagged numerous awards and rewards from almost every financial institution in the country. Our clients range from bureaucrats & diplomats to top businessmen, to parliamentarians and NRIs acros

s continents. The firm’s constituents are regular members of IRDA & AMFI etc. Durga Investments offers an umbrella of all the financial investment products across asset classes. Some of the products offered are:

Mutual Funds
Portfolio Management Services (PMS)
Life Insurance
General / Medical Insurance
Unit Trust of India Schemes
NSC/MIS/TD/RD
Capital Gain / Tax Free Bonds
Company FDR
Housing Finance
Real Estate

We assure you of the same integrity and diligence that comforts you to discuss your financial matters with us. As a friend and confidant in planning your financial future, we look forward to serving you.

18/03/2016

RUPEE GAINS 47 PAISE TO HIT TWO MONTHS HIGH vs DOLLAR

The rupee climbed to the highest level since early January on optimism that demand for the assets will pick up after the Federal Reserve scaled back its projection for interest rates increase.

The domestic currency gained 47 paise on persistent selling of the American currency by banks and exporters.

Source: The Financial Express, Friday I March 18 2016

18/03/2016

SENSEX GIVES UP GAINS ON FAG END SELLING

The Sensex ended lower on Thursday after giving up its early gain of over 265 points on fag end selling in healthcare and realty stocks, while other emerging markets perked up after the US Federal Reserve maintained a status quo on policy rate.

Bharat Petroleum paced a rally among state run refiners after gasoline and diesel prices were increased. Bharat Heavy Electricals Limited was the top gainer on the Sensex. GAIL India climbed to a six week high. Drugmakers Lupin & Cipla were the worst performers.

The SENSEX has risen on all but two days n March after the budget on February 29. Foreign funds bought $ 1.8 bn of local shares this month as risk appetite returned after global central banks indicated a willingness to continue measures to support growth and stabilize markets. The SENSEX has risen 7.3% this month.

Source: The Financial Express, Friday I March 18 2016

15/03/2016

SENSEX UP 86 POINTS TO HIT SIX WEEK HIGH

Stocks climbed to a six week high as foreign funds added to their holdings of domestic shares and a global stocks rally gathered momentum in Asia.

Tata Motors gained for a ninth day, ICICI Bank was the best performer on a gauge of 13 lenders , while State Bank of India climbed the most in a week. The Sensex rose 0.4% to 24,804.28 points.

Source:- The Financial Express , Tuesday March 15 2016

15/03/2016

RBI ANNOUNCES Rs. 15K-CRORE OMO PURCHASES

The RBI on Monday announced open market operations purchase of Rs. 15000 crore of government securities, reports fe Bureau in Mumbai.

The RBI conducts OMO purchases in order to infuse liquidity into the system whenever there is a deficiency. OMOs are also intended to keep the short term interest rates close to the policy rate.

Source:- The Financial Express , Tuesday March 15 2016

15/03/2016

INFLATION FALLS, RATE CUT HOPES RISE

After scaling a 17 month peak of 5.69% in January, retail inflation eases to 5.18% in February, while wholesale price inflation remained in the negative zone at -0.91% in February, thanks to a drop in Food inflation , showed the official data released on Monday, reports fe Bureau in New Delhi.

The latest moderation in inflation bolstered expectations of an at least 25 basis point cut in the benchmark lending rate by the RBI on or before its April 5 monetary policy review meeting.

Source:- The Financial Express , Tuesday March 15 2016

11/03/2016

Markets take a breather after six days, Sensex down 171 points

Stocks declined for the first time in seven days, led by software exporters, as some investors judged the longest winning streak since October as excessive. The Sensex retreated 0.7% ending a six day, 7.8% rally. Of the 30 share Sensex pack, 19 ended with losses and 11 turned higher.

Infosys slid the most in about two weeks after two of its founders sold shares in the nation's second largest technology company.
BHEL tumbled 3%, Larsen & Toubro dropped 2.2%.

Source: The Financial Express

11/03/2016

Franklin Templeton exits exposure to JSPL

On a day when CRISIL downgraded its rating on bank facilities and debt programmes of Jindal Steel & Power Limited, Franklin Templeton Asset Management Company has completely exited its exposure to the Naveen Jindal promoted firm.

Source: The Financial Express

10/03/2016

Rupee rebounds from 1 week low, ends at 67.2

Source:- The Financial Express

10/03/2016

RBI may cut rates by 25 bps before next policy meet: BofA-ML

RBI is expected to go for a 25 basis points rate cut on or before its scheduled policy meet on April 5, says a Bank of America Merrill Lynch report.

Source:- The Financial Express

10/03/2016

Sensex logs longest winning run since Oct

INDIAN STOCKS CLIMB for the sixth day, as European shares rose amid speculation the region's central bank will ramp up monetary stimulus.

Global investors have bought $1.1 billion of local shares this month. The inflows have coincided with a rebound in prices of oil, iron ore and copper. Foreigners bought $115 millon of Indian shares on March 8.

Maruti Suzuki India surged 3.3% , Mahindra & Mahindra added 1.3%, Larsen & Toubro increased 2.1%, Hindustan Unilever added 1.6%.

Source:- The Financial Express

Address

606-A, D-mall, Netaji Subhash Place, Pitampura
Delhi
110034

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