Stocks fluctuated Monday after Wall Street posted its fifth consecutive week of gains.

The Dow Jones Industrial Average declined 36 points, or 0.13%, to 28,575, the S&P 500 fell 0.06% and the Nasdaq was up 0.08%.

The S&P 500 closed at a record high for the sixth straight session Friday, and the Nasdaq also set a record. The Dow moved into positive territory for the year.

For the week, the S&P 500 jumped 3.3%, the Dow rose 2.6% and the Nasdaq gained 3.4%.

Stocks got a boost last week from Federal Reserve Chairman Jerome Powell’s comments that the central bank would keep interest rates low even if inflation rises above its target levels.  (CRM) – Get Report, Amgen  (AMGN) – Get Report and Honeywell  (HON) – Get Report have joined the blue-chip Dow, replacing Exxon Mobil  (XOM) – Get Report

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In the extraordinary past six months or so, the stock market has gone through wild swings.

The market has now recovered most of its losses, but there is unease among many about whether the rally will sustain. In this scenario, equity investors seeking to play it relatively safe can consider deploying money in a staggered way in large-cap stocks through the systematic investment plan (SIP) route.

Fundamentally strong large-cap stocks — thanks to their size, market leadership and financial muscle — could likely weather a market downturn better than mid- and small-cap stocks.

A well-run large-cap fund with a good track record could thus be a safer bet for investors in these ambiguous times.

SIP investments can help take advantage of market weakness, if any, by helping average the overall cost of purchase.


Axis Bluechip is among the good choices in the large-cap category. In the past few months,

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