Day: 2 June 2014

Finance Ministry is contemplating raising FDI cap in the sector from 26 %  to 49 %  with some riders.  "We might increase FDI cap in insurance without commensurate increase in voting rights. We talked with stakeholders and also held high level meeting in ministry," a senior ministry official said. The official further said that the government may raise the FDI cap in the sector gradually beginning with non-life and health followed by life insurance segment. You can consider investing in following Insurance companies shares : Reliace Capital Max India Bajaj Finserv Religare Enterprises

Over the past couple of months, midcap & small cap stocks are running high and they are likely to lead the next leg of rally. For 2014 YTD the midcap index has gained a approx 25% as  compared to a 14 % gain seen in the BSE Sensex. Here is a list of ten stocks which are in the list of top five mutual funds: Company MF Name Value (Rs Cr)  Allocated Assets         Finloex Cables Franklin India Smaller Companies 24 5.05% Amara Raja Batteries Franklin India Smaller Companies 18 3.87% CMC Axis MidCap 13 4.54% Eicher Motors Axis MidCap 9 3.19% Divi's lab Mirae Asset Emerging Bluechip 9 3.56% Federal Bank Mirae Asset Emerging Bluechip 9 3.55% IndusInd Bank BNP Paribas Midcap 4 4.08% Balkrishna Industries BNP Paribas Midcap 3 3.07% Britannia Industries ...