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The Indian market is expected to open flat-to-higher on Friday tracking muted trend seen in other Asian markets.

After a stunning rally in the global equity market over the past two days, stocks collectively took a breather ahead of the weekend. US Stocks traded range bound overnight weighed down by an abrupt halt to the rally in oil prices, which failed to hold on to the crucial $50 mark. The Dow Jones ended 23.22 points lower.

The most awaited speech since the US Federal Reserve's FOMC meeting way back in April, the Fed chief will speak at Massachusetts on Friday night as investors look on for clues to a rate hike.
Power Grid: The state-run company posted a 13.2 per cent jump in standalone net profit at Rs 1,599.05 crore for the March quarter on higher revenues from power transmission business.

Jet Airways: Jet Airways posted its first annual net profit after eight years and its fourth straight quarterly net profit helped by lower fuel expenses and its own cost control measures.

ONGC: Oil and Natural Gas Corporation's fourth quarter profit jumped 12% mainly on reversal of impairment loss as well as lower provisioning for dry wells.

Deepak Fertilisers: The company reported a 5 per cent decline in net profit at Rs 25.92 crore for the fourth quarter of 2015-16 financial year.

SBI - State Bank of India is going to post Q4 results today.
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How to start a Systematic Investment Plan (SIP) online easily
updated on 11 Sept 2017
How to start a Systematic Investment Plan (SIP) online easily
Do you wish  to start a Systematic Investment Plan (SIP) in an mutual fund but not sure how to start then here are the steps to do it online.

One of the major requirement to start online investment in mutual fund is you should be KYC complaint. It is mandatory.
What is KYC
KYC or Know Your Customer is a customer identification process. The Securities and Exchange Board of India (SEBI) has laid down guidelines under the Prevention of Money Laundering Act 2002, which makes it binding for financial institutions and financial intermediaries like mutual funds to acquaint themselves with their customers.

To be KYC complaint there are two ways.

1. You have to visit nearest any fund house or bank providing mutual fund service, for example ICICI, HDFC, SBI etc and need to provide basic information like name, date of birth, mobile number, proof of address, photo etc and fill the form and the process is complete. Pan card, Photo and Aadhar card is required.

2. E-KYC
eKYC is a paperless Aadhaar-based process for fulfilling your KYC requirements to start investing in Mutual Funds. SEBI has recently allowed Aadhaar-based KYC to be used for MF investments, for the convenience of investors.

For this method you need not have to visit  fund house or bank branch. You can do E-kyc online based on Aadhar card verification but in this only Rs 50,000 investment per year is allowed. However, if you want to invest more than 50,000 then you need to present yourself for an In Person Verification. The limit can be enhanced anytime by submitting PAN.
Please note - You just have to go through KYC process only once, even if you are investing in multiple mutual fund schemes with different fund houses. If you complete KYC at any one fund house or branch then it is applicable to all fund house and for all mutual funds.

Document required to be KYC complaint
1. PAN card
2. Aadhar card
3. Photo, if you are visiting branch of fund house or bank

Please follow steps outlined at below link to do E-KYC - online KYC

Please note - Above link is of L&T Mutual Fund and can be used for E-KYC process and if you want to invest in this fund house then you can do so or link can be used for online E-KYC process.

Important note - Don't select agent option for while choosing investment option because it is related to commission that you need to pay for a agent. Select direct option.