By Kanchan Joshi | 22 Jun, 2022
Stocks to Watch Today: HDFC Bank, YES Bank, Hero MotoCorp, Greenlam Industries
Here is the list of the top 10 stocks that are likely to be in focus on Wednesday:HDFC Bank: HDFC Bank proposes to double its network of branches in the next three to five years by adding 1,500 to 2,000 branches annually, which would akin to adding a new HDFC Bank every five years, said its managing director and CEO Sashidhar Jagdishan.HDFC Life: HDFC Life has declared its highest ever bonus on it...
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SIMRANTEC 2023-01-29 21:02:18
greenlam ind buy at 315 target 330 sl 297
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Friends - Learning for you - as good stocks can always accumulate in Systematic Investment Plans (SIP) -- In a systematic investment plan, investors commit to invest a fixed sum of money at regular intervals over a period of time in a mutual fund/direct investing scheme/ demat account. It enables investors to build a corpus over time even with small sums invested. Investing periodically, instead of making a lump sum investment, removes the need for the investor to time the investment to get a good price. The investment is made at different prices over the term chosen and this allows investors to benefit from the volatility in the market. Since the same amount is being invested in each installment, investors buy more units when the price is low and less units when the price is high. Overtime, the average cost of acquisition per unit comes down. This is called rupee cost averaging and is the primary advantage that SIPs provides investors. The investor is able to reduce the average cost of acquisition per unit.
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