On 5 March, the markets rebounded sharply with the Nifty 50 and the Sensex both gaining around 1%, snapping a 10-day losing ...
NSC and tax-saving FDs both offer tax benefits and assured returns with a 5-year lock-in. NSC provides higher interest rates and tax advantages on reinvested interest.
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BofA said that it favours rate-sensitive domestic cyclicals such as financials and autos, expecting RBI rate cuts to boost economic and credit growth.